Price:
Free
Level:
Auditing Professionals
Sub-level:
FICA
Lecturer:
Lynette Badenhorst
Duration:
90 Minutes
Additionals:
Free
Level:
Auditing Professionals
Sub-level:
FICA
Lecturer:
Lynette Badenhorst
Duration:
90 Minutes
Additionals:
CPD Assessment
Certificate
Certificate
Lesson Outline
Overview:
This 1.5-hour session is designed to provide a comprehensive understanding of screening clients against the TFS (Targeted Financial Sanctions) list. It will cover essential aspects, including the definition of the TFS list, screening processes, and what to do in the event of a hit. Attendees will also get a detailed look at the Hub developed to support the implementation of a Risk Management Compliance Programme for accountable institutions.
Agenda:
- Importance of TFS Screening
- What is the TFS List?
- Purpose and Scope of the TFS List
- Key Entities and Individuals on the TFS List
- Where to find the TFS List
- Official Sources and Updates
- Which clients should be screened?
- What to do if you find a Hit
- Reporting Requirements and Internal Controls
- Overview of the RMCP Hub
- Q&A Session.
Who Should Attend: FICA Compliance officers.