The Financial Intelligence Centre Act (FICA) requires Accountable Institutions to register and compile appropriate risk management and compliance plans. They then must monitor transactions and profile their clients. Developing these plans takes time and specific skills and requires practical knowledge of the legislation as well as how to implement a viable plan. Omega Compliance Solutions will consult with you and draw up a suitable Risk Management and Compliance Programme and will also assist in putting it in place.
Omega Compliance Solutions also provides ongoing FICA advice and guidance to ensure that entities maintain their compliance programmes and stay on the right side of an ever-changing legal framework.
In addition, we’ll provide ongoing information regarding changes in the FICA legislation as part of our general monitoring activities.