FICA requires all registered Reps to meet the Fit and Proper requirements.

Information regarding money laundering activities is received, stored and handed over to the appropriate authorities for further disposal.

The main objective of FICA is to professionalise the financial services industry.

FIC stands for Financial Intelligence Centre.

The ... has the responsibility to ensure compliance by the employees of the accountable institution with the provisions of FICA and the internal rules applicable to them.

FICA makes tipping-off an offence.

The principal objective of the FIC is to assist in the identification of the proceeds of unlawful activities and the combating of money laundering activities.

Identification of clients and verification of information is Not a FICA obligation.

Nurses are held accountable to the FIC for the fulfilment of specific duties in terms of FICA.

FICA imposes certain duties on institutions and other persons who might be targeted for money laundering purposes.

The .... is responsible for reporting suspicious and unusual transactions and cash transactions exceeding the prescribed limit to the FIC.

Employees shall prove, by answering a number of questions correctly that they are capable to comply with the provisions of FICA applicable to them.