22 January 2025 | Durbanville Hills Winery | 08:00 – 10:00
It is estimated that South African businesses launder between R16 billion and R64 billion annually. Criminals often exploit the professional status of industries such as financial institutions and legal services to legitimise their transactions. The complexity and scale of these operations are alarming, and there’s a risk that your firm could be unwittingly implicated.
Join the DocFox compliance experts for a complimentary breakfast session where you will gain valuable insight into how criminals exploit businesses—particularly legal services—to launder money and discover practical strategies to protect your firm from becoming a target.
Topics that will be discussed:
· Real-world Examples of Non-Compliance: Case studies of businesses involved in money laundering and the consequences thereof.
· How to Identify Red Flags and Industry Risks: Key indicators that may point to potential risks for Law Firms and Financial Service Providers and how to spot them early to protect your business.
· Preventing Your Business from Being Involved in Money Laundering: Effective strategies and best practices to safeguard your business against money laundering activities.
· The Critical Role of Client Screening: Why thorough client screening is essential for understanding and mitigating your clients’ risk profiles.
· The Role of Technology in Streamlining your FICA Compliance Processes: How DocFox can help your business.
· Q&A Session: An opportunity to address any questions or concerns regarding FICA compliance.
If you have any questions or need more information, please email us at communication@docfox.co.za.
