Overview 

Terrorist financing poses a significant threat to financial systems globally, with increasingly sophisticated methods being employed to fund illicit activities. As an accountable institution, it is crucial to understand the legal and regulatory frameworks designed to combat these risks.  

This webinar will reference the Terrorist Financing National Risk Assessment (TF NRA 2024) and cover international standards and local legislation like the Financial Intelligence Centre Act (FICA). The discussion will also include real-world case studies that provide practical insights into how risk assessment processes can be strengthened to reduce exposure to threats.  

Join Lettie Janse van Vuuren CA(SA) on 24 October 2024 from 10H00 to 12H00 for an in-depth examination of terrorist financing and your institution’s responsibilities in identifying and reporting suspicious transactions. 

Learning objectives 

Attending this webinar will equip you with the following skills:  

• Understand the threats, vulnerabilities, and potential impact of terrorist financing on South Africa’s safety, stability, and neighbouring countries, as well as the role of targeted financial sanctions in mitigating these risks. 

• Become aware of of terrorist financing risks and the application of targeted financial sanctions to prevent these risks from materialising.  

• Know your specific responsibilities when dealing with clients who are accountable institutions and may be non-compliant with terrorist financing regulations.  

• Know your reporting obligations and the proper steps for reporting suspicious transactions to the relevant authorities, ensuring compliance with legal requirements and protecting your institution from regulatory risks.  

• Comply with the Financial Intelligence Centre Act (FICA) and stay up to date with relevant guidelines and publications issued by the FIC.  

Content 

The webinar will cover the following topics:  

• Introduction. 

  • TF NRA 2024. 

  • Terrorist Financing. 

  • Terrorist Financing Risk. 

• Sources of Terrorist Financing. 

• Terrorist Property. 

• Obligations as an accountable institution: 

  • Screening clients. 

  • Terrorist Property Report. 

  • Reporting suspicious & unusual transactions and behaviour. 

• Targeted Financial Sanctions. 

  • Impact on screening your clients. 

• What must Accountable Institutions comply with? 

  • Financial Intelligence Centre Act (FICA). 

  • Guidance Notes issued by the (FIC). 

  • Public Compliance Communications (PCC) issued FIC. 

Obtaining your CPD certificate 

This training is compliant with the International Education Standard (IES7) issued by the International Federation of Accountants and recognised for CPD by relevant professional bodies including ACCA, CIMA, IAC, IIA, SAICA and SAIPA. 

All attendees are issued with a CPD certificate available in an online profile.   

Who should attend? 

The following persons will benefit from attending this webinar: 

• Practising accountants including: CA(SA), Professional Accountant (SA), AGA(SA), FCCA, BAP(SA), BA(SA) and ACCA. 

• Registered auditors. 

• Independent reviewers. 

• Trainee accountants. 

Price 

• R 450.00 - Online admission - Individual. 

• Group Price 1 - From R337 per person (up to 5 users)  

• Group Price 2 - From R260 per person (up to 10 users)  

• Group Price 3 - From R224 per person (over 11 users) 

Steps to register for the event:  

If you already have a profile, login and register for the webinar. 

If you don’t have a profile, create a free profile then login and register for the webinar. 

Click here to create a free profile (There is no charge to create a profile and gain access to our free Monthly Practice Management Series). 

Click here to find out about the Technical Resource Centre & CPD Subscription options. 

Additional material 

By attending this webinar you will be provided with: 

• A summarised slide presentation. 

• Reference documents and/or course material where available. 

• You can ask questions during the webinar and you will also have access to the presenter after the webinar. 

Corporate training solutions 

At SA Accounting Academy, we recognise the evolving needs of businesses in today's dynamic environment. Beyond our standard webinar offerings, we provide tailored corporate training solutions designed to empower your team with the latest in accounting and professional skills. Whether you're looking for online sessions or face-to-face training, our programs are crafted to ensure a comprehensive and engaging learning experience.  

Drawing inspiration from modern training methodologies, our corporate solutions are interactive, adaptable, and focused on real-world applications. We prioritise hands-on learning, ensuring your team can immediately apply their newfound knowledge in practical scenarios.  

Interested in a bespoke corporate training experience? Reach out to us at [email protected] or call 010 593 0466. Together, let's design a training program that elevates your team's capabilities and aligns with your organisational goals.  

Contact us   

• Online chat through our website.   

• WhatsApp: Start chatting (+27635026114)   

• Phone: 010 593 0466   

• E-mail: [email protected]