Month: March 2025

FIC.Gov.ZA crashed

On Tuesday 11 March at approximately 16:50 the fic.gov.za site which acts as the portal the goAML page became unavailable.

No reasons have been given for same.

On Wednesday 12 March at approximately 12:18 the site became unresponsive.

Users are urged to return to the site and verify that their uploads are in fact secure.

In addition, the https://www.fic.gov.za/compliance-queries/ query page remains available. Unofficially and as a fallback mechanism, users are encouraged to submit their documents with screenshots of previous attempts through this mechanism.

A very brief overview of FICA Compliance

FICA Compliance requires infrastructure

  1. Registration with FIC/ goAML
  2. Appointment of Compliance Officer
  3. RMCP subject to periodic review
  4. RCR (deadline still May 2023)

Then, operationally

  • Targeted Financial Sanctions list screening (TFS)
  • Risk Assessment
  • KYC this includes client due diligence
  • Ongoing Business Relationships
  • Employee screening (Directive 8)

With resultant record keeping and reports

RMCP Development Consultancy

Here at Be Compliant, we have built the capacity to assist you with developing and maintaining your Risk and Compliance Management Program (RMCP).

Over that past year alone, we have trained or addressed several hundred individuals on FICA Compliance.

We have also assisted in the development and rollout of RMCP’s to numerous satisfied clients. It is no small achievement to state that all the RMCP developments that we have been involved with, have passed inspection.

Should you require assistance in developing your RMCP, please do not hesitate to complete the contact form above.

RMCP Upload Deadline 12 March 2025

URGENT FICA RMCP NOTICE
On 4 March 2025 the FIC instructed all accountable institutions to upload their current RMCP.
Deadline is 12 March 2025.

Please inspect your FIC portal for this notice

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This upload request is new. Historically the FIC requested RMCP’s on a one-by-one basis as a first step during inspection. This is the first time that a mass upload of documents is requested. It coincides with the start of the Financial Year for mist businesses.

Please note that the RMCP should be updated at least annually and that the date of approval required in the filename must not be older than 2024-03-01, in which case you will be uploading an outdated RMCP.

We believe that this is the start of a mass inspection cycle.