South Africa
FICA compliance, made simple
ComplianceDesk gives you 14 pre-built FICA controls, an evidence vault, audit-ready reports, and reminders before anything falls overdue — so proving FICA compliance stops being a spreadsheet exercise.
Every FICA control, organised for you
The real control library ComplianceDesk seeds the moment you activate FICA — 14 controls across 5 categories.
Customer Due Diligence
- FICA-1.1 Client identification and verification process
- FICA-1.2 Ongoing due diligence and transaction monitoring
- FICA-1.3 Enhanced due diligence for high-risk clients and PEPs
Record-Keeping
- FICA-2.1 Client and transaction records retained for 5 years
- FICA-2.2 Records readily retrievable for the FIC/regulator
Reporting Obligations
- FICA-3.1 Registered as an accountable institution with the FIC
- FICA-3.2 Suspicious and unusual transaction reporting process
- FICA-3.3 Cash threshold reporting process
- FICA-3.4 Sanctions and terrorist financing screening
Risk Management & Compliance Programme
- FICA-4.1 Risk Management and Compliance Programme approved
- FICA-4.2 RMCP reviewed periodically
Training & Governance
- FICA-5.1 Compliance officer appointed
- FICA-5.2 AML/CTF staff training programme
- FICA-5.3 Independent compliance audit conducted
Frequently asked questions
How many controls does ComplianceDesk track for FICA?
14, organised into 5 categories, ready to assign to an owner as soon as you activate the framework.
Can I track FICA alongside other frameworks?
Yes — most teams activate several frameworks at once. Controls that overlap across frameworks can share the same evidence, so you don't collect the same document twice.
How long does it take to set up FICA in ComplianceDesk?
Activating FICA instantly seeds its full control library. Most teams assign owners and get their first controls moving within a day.
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