The Financial Intelligence Centre invites accountable institutions to a roadshow on regulatory reporting, risk drivers for money laundering, terrorist financing and proliferation financing, and other aspects related to compliance with the FIC Act
The roadshow will provide information on:
• Legal framework on anti-money laundering, combating of terrorist and proliferation financing
• FIC Act obligations, the risk-based approach and an effective risk management and compliance programme (RMCP)
• The requirement for registration, the submission of RMCPs and risk and compliance returns
• Regulatory reporting obligations
• Enforcement and sanctions for non-compliance
• Regulatory reporting trends and typologies observed.