Description
FICA Compliance 101: A Practical Manual for Microfinance Professionals
Stay compliant, stay protected. FICA Compliance 101, proudly presented by MicroFinance South Africa, is an essential manual crafted specifically for our members in the microfinance industry. This comprehensive guide is designed to help credit providers understand and implement the critical requirements of the Financial Intelligence Centre Act (FIC Act).
As of 19 December 2022, all credit providers are legally required to register as Accountable Institutions with the Financial Intelligence Centre (FIC)—a mandate that significantly impacts how your business must operate.
Inside FICA Compliance 101, you’ll discover:
-
Clear Explanations of your obligations under the FIC Act.
-
Step-by-Step Guidance on how to register and maintain your compliance as an Accountable Institution.
-
Practical Tools to help integrate FICA requirements into your day-to-day operations.
-
Tailored Content that addresses the specific needs and challenges faced by microfinance professionals.
Whether you’re just starting to implement FICA measures or looking to refine your current processes, this manual provides the clarity and direction needed to confidently meet your compliance responsibilities.
Ensure your business remains on the right side of the law—equip yourself with FICA Compliance 101 today.
