Regulatory Alerts2023-09-01
FSCA Anti-Money Laundering Webinar for Accountable Institutions
The Financial Sector Conduct Authority (FSCA) has published a recorded webinar detailing anti-money laundering obligations, sector risk assessments, and reporting requirements for accountable institutions. The content covers money-laundering threats, vulnerabilities, consequences, and mitigation measures to guide regulatory compliance. Institutions must complete an online assessment to receive accredited Continuous Professional Development (CPD) recognition for the session.
FSCA COMMUNICATION 22 OF 2023 (GENERAL) ANTI-MONEY LAUNDERING WEBINAR FOR ACCOUNTABLE INSTITUTIONS – SEPTEMBER 2023
- Purpose The purpose of the Communication is to inform accountable institutions supervised by the Financial Sector Conduct Authority (FSCA) that the FSCA has posted a webinar recording on anti-money laundering on its official YouTube channel, and to provide additional information in this regard.
- Background 2.1 On 1 September 2023, the FSCA posted a recording of a webinar on its official YouTube channel highlighting important aspects relating to the combatting of moneylaundering by accountable institutions supervised by the FSCA. 2.2 The webinar is accredited for Continuous Professional Development (CPD) purposes with the Financial Planning Institute. 2.3 Viewers of the webinar recording who wish to obtain the accredited CPD recognition will be required to complete an assessment.
- Details of webinar Topic: FSCA Anti-money laundering awareness webinar Date posted: 01 September 2023 Contents: • The purpose of money laundering • Money-laundering sector risk assessment results (published in
• Money laundering threats • Money laundering vulnerabilities • Money laundering consequences • Mitigation measures • Reporting obligations for accountable institutions • Additional sources
2 Link: Click here to access the webinar. Click here to register for the CPD assessment. 4. Enquiries 4.1 For more information about this Communication and the above webinar, please contact: • Mrs Michele Fourie: michele.fourie@fsca.co.za • Akashen Rampersadh: akashen.rampersadh@fsca.co.za 4.2 This Communication is available on the FSCA’s website (www.fsca.co.za) at the following path: Home > Regulatory Frameworks > Industry Communication > General FARZANA BADAT DEPUTY COMMISSIONER FINANCIAL SECTOR CONDUCT AUTHORITY Date of publication: 1 September 2023