We understand that in your business, every hour counts, and so spending a huge amount of time on FICA compliance can be costly. That is why we created FICA in a Box for law firms.
Included in FICA in a Box for Law Firms:
Included in FICA in a Box for Law Firms:
An expertly crafted Risk Management Compliance Programme
- An expertly crafted and tested RMCP template – addresses key FICA requirements with a supporting step-by-step guide to implement it in your firm
- The RMCP includes – industry standard due diligence requirements and guidelines, and makes special reference to DocFox as your 3rd party KYC service provider
- A detailed guide – highlighting each FICA section and how it is addressed in your RMCP so that you can easily respond to any FIC inspection
- To ensure consistency and understanding across your business – we will also provide a guide to example indicators of suspicious behaviours that may be used by your staff for easy reference
Compliance on call
- FICA compliance experts on chat – Whether you need advice on how to deal with a high risk client or how to interpret a clause in the FIC Act – we are ready to help! Get access to our compliance team via the chat function inside the DocFox app. We will respond via chat, email, or phone (yes we still like phones). You can ask unlimited questions via chat, all inclusive, subject to our fair use policy.
- Access to additional project services for more complex tasks – Preparation for a FIC inspection, Response to a FIC report, Preparation of SARs / STRs, Enhanced due diligence on a client, Guidance on finding the UBO, Additional FICA training courses and we can also help with other bespoke projects, as required. These projects will be quoted on before commencement.
Certified training and NewsWatch
- Certified CPD training – In order to be fully FICA compliant, all your employees should have an understanding and be aware of the Act. Based on this we will provide bespoke FICA awareness training covering core learning elements around money laundering, terrorist financing, and the FIC Amendment Act. This course is refreshed each year with the latest material. Throughout the year, you also get access to our CPD approved recorded courses, videos, and newsletters which together, will contribute to all the CPD points you will need each year.
- DocFox NewsWatch – Get hints, tips, guidance, and intelligent comment around a variety of topics and current news developments. Stay on top of regulatory changes with guidance around potential impact.
White labelled software setup in 48 Hours
- Document collection & analysis – centrally collate, store and efficiently manage all your documents and FICA processes
- Watchlist & adverse media screening – reduce the burden on staff with our automatic and continuous daily monitoring of your clients against global and local databases
- Risk rating & client review – ensure consistent risk rating by using DocFox to implement and standardise your processes
- Bank account verification – Instantly verify bank accounts against an ID or company registration number
Read more about DocFox features here
An expertly crafted Risk Management Compliance Programme
- An expertly crafted and tested RMCP template – addresses key FICA requirements with a supporting step-by-step guide to implement it in your firm
- The RMCP includes – industry standard due diligence requirements and guidelines, and makes special reference to DocFox as your 3rd party KYC service provider
- A detailed guide – highlighting each FICA section and how it is addressed in your RMCP so that you can easily respond to any FIC inspection
- To ensure consistency and understanding across your business – we will also provide a guide to example indicators of suspicious behaviours that may be used by your staff for easy reference
Compliance on call
- FICA compliance experts on chat – Whether you need advice on how to deal with a high risk client or how to interpret a clause in the FIC Act – we are ready to help! Get access to our compliance team via the chat function inside the DocFox app. We will respond via chat, email, or phone (yes we still like phones). You can ask unlimited questions via chat, all inclusive, subject to our fair use policy.
- Access to additional project services for more complex tasks – Preparation for a FIC inspection, Response to a FIC report, Preparation of SARs / STRs, Enhanced due diligence on a client, Guidance on finding the UBO, Additional FICA training courses and we can also help with other bespoke projects, as required. These projects will be quoted on before commencement.
All the training you will ever need
- Certified CPD training – In order to be fully FICA compliant, all your employees should have an understanding and be aware of the Act. Based on this we will provide bespoke FICA awareness training covering core learning elements around money laundering, terrorist financing, and the FIC Amendment Act. This course is refreshed each year with the latest material. Throughout the year, you also get access to our CPD approved recorded courses, videos, and newsletters.
- DocFox Newswatch – Get hints, tips, guidance, and intelligent comment around a variety of topics and current news developments. Stay on top of regulatory changes with guidance around potential impact.
White labelled software setup in 48 Hours
- Document collection & analysis – centrally collate, store and efficiently manage all your documents and FICA processes
- Watchlist & adverse media screening – reduce the burden on staff with our automatic and continuous daily monitoring of your clients against global and local databases
- Risk rating & client review – ensure consistent risk rating by using DocFox to implement and standardise your processes
- Bank account verification – Instantly verify bank accounts against an ID or company registration number
Read more about DocFox features here