The purpose of the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) workshop is to sensitise reporting entities on Money Laundering (ML) and Financing of Terrorism (FT) and the requirements of the Financial Intelligence Centre (FIC) Act No. 46 of 2010.
The training program also covers other key aspects of the Act as listed below:

  • Client Due Diligence;
  • Elements of an AML/CFT Programme;
  • Compliance Officer;
  • Independent Audit of the AML/CFT Programme;
  • Obligation to Report Suspicious Transactions, Prohibition against tipping off, protection of identity of persons and information relating to STRs, protection of entities/persons reporting; and
  • How to identify suspicious transactions.

Facilitation at the workshop is done by the experienced Consultants who are knowledgeable in their areas of specialization. The consideration for the facilitation will be an agreed rate per day per firm. Small to medium firms are encouraged to team up and a lower rate will be agreed with the firms.
The firm also offers customer tailored workshops whose duration will depend on the specific objectives of the client. In this regard workshops will be offered in specific areas such as Audit Documentation, Sampling, Internal Controls, Fraud, Forensic Accounting etc.