Basic FICA training for the people who identify and verify customers, apply your Risk Management and Compliance Programme (RMCP), and report suspicious activity. Take it yourself, or train your team.

Sixteen structured lessons across the duties set out by the Financial Intelligence Centre (FIC): customer due diligence (CDD), politically exposed persons (PEPs), sanctions screening, reporting and record-keeping. It ends in a scored assessment, with a certificate and a training record on completion.

R747,50 per person
16 lessons
40-question test
Certificate on pass

See the curriculum

What you'll learn

The duties the FIC expects you to apply

Explain how money laundering, terrorist financing and proliferation financing work, and where your business is exposed to them.
Apply a risk-based approach in line with your Risk Management and Compliance Programme (RMCP).
Identify and verify a customer, and keep that information current through ongoing due diligence.
Apply enhanced due diligence to politically exposed persons (PEPs) and adverse-media matches.
Screen against targeted financial sanctions lists and act correctly on a match.
Recognise the red flags and indicators of suspicion that arise in your day-to-day work.
Meet the reporting duties owed to the Financial Intelligence Centre, and know which report applies and by when.
Keep retrievable records for the required period and handle client information in line with POPIA.

This course includes

16 core video lessons with worked workplace examples
2 advanced lessons for the person who owns the RMCP
Printable workbook, flashcards and a cheat sheet
Two-question check after every article
40-question final assessment
Certificate of completion on a pass
Downloadable training register
Works on desktop, tablet and phone

How it works

Train. Pass. Prove it.

Three steps from the first lesson to a certificate you can file.

01
Start the course
Start for yourself, or add places for your team. You get the video lessons, workplace examples and workbook.
02
Train and pass
Sixteen lessons on the FIC Act basics, then a 40-question assessment so you can evidence the training.
03
Keep the record
Certificate, score, date, and a training register you can produce at inspection.

What you get

FICA training for individuals and teams

R747,50 per person. Same course for you, or for a team. You pay on the next screen.

01The FIC Act basics

Sixteen lessons on money laundering, customer due diligence, PEPs, sanctions, suspicion and reporting. Your Schedule 1 industry is set when you buy.

02Practical, self-paced learning

Video lessons with workplace examples, a workbook, flashcards and a cheat sheet — so you can apply the RMCP in the work you already do.

03Assessment and certificate

A 40-question test after the lessons. You set the pass mark. Default is 80%. A completion certificate downloads after a pass.

04A training register you can produce

Download who finished, their score and certificate number. Keep that record with your RMCP as evidence the course was completed.

Curriculum

Sixteen lessons. One assessment.

The FIC Act basics: money laundering, customer due diligence, the RMCP, PEPs, sanctions, reporting and POPIA. Then a test.

01Understanding money laundering
02Terrorist financing
03Proliferation financing
04A risk-based approach
05FIC Act duties
06Using the RMCP
07Customer due diligence
08Ongoing due diligence
09PEPs, adverse media and enhanced due diligence
10Targeted financial sanctions
11Red flags and suspicion indicators
12Reporting obligations
13Record keeping
14POPIA and client information
15Criminal information and property
16Consequences of non-compliance

The assessment

40 questions. One pass mark.

Exactly what the test looks like, before you buy.

Format: 40 multiple-choice questions, four options each, one correct answer.
Coverage: Questions are drawn from every lesson, in a different order on each attempt.
Pass mark: Set by your organisation. The default is 80%. Owners and admins can change it.
Retakes: You can sit it again. Each attempt reshuffles the questions.
On a pass: A certificate downloads with your score, the date and a certificate number.

Requirements

Before you start

No prior compliance experience. The course starts from first principles.
Pick your Schedule 1 sector when you buy, so the examples match the work you do.
Keep your organisation's RMCP to hand — several workbook exercises ask you to write down what it says.
A browser on any device. There is nothing to install.

Who this is for

Who should take it

You identify and verify customers at an accountable institution listed in Schedule 1 of the FIC Act.
You work in a legal practice, trust or company service provider, estate agency or property practice.
You work at a bank, life insurer, credit provider, financial services provider or foreign exchange dealer.
You work at a gambling institution, motor or high-value goods dealer, or a crypto asset service provider.
You own the RMCP and need a defensible training record for your staff.

Preview

Public learning library

Free lessons if you want to look at the topics first. They do not replace the assessed course, a certificate, or a training record.

FICA foundations Customer due diligence Enhanced due diligence Sanctions and prominent persons POPIA and compliance information Terrorist and proliferation financing FIC Act duties and the RMCP Suspicion, reporting and records

Start FICA Training.

Take the course yourself, or add your team. Price is R747,50 per person.

Start FICA Training