An end-to-end FICA compliance solution for Accountable Institutions. Everything you need to be compliant in days.
When it comes to property sales or rentals the slightest delay can be costly and so spending a huge amount of time on FICA compliance is not feasible. That is why we created FICA in-a-Box for Real Estate & Property Managers, an end-to-end solution that ensures FULL FICA compliance.
Included in FICA in-a-Box:
Expertly Crafted RMCP
- An expertly crafted and tested RMCP* template –addresses key FICA requirements with an easy to use risk rating process for your business
- The RMCP includes – industry standard due diligence requirements and guidelines. We will include reference that DocFox is your 3rd party Know You Customer (KYC) service provider
- Respond easily to a FIC inspection – we will provide a detailed guide highlighting each FICA section and how it is addressed in your RMCP
Compliance Experts on Call
- Access to FICA compliance experts – 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, email, or phone (yes we still like phones). You can ask unlimited questions via chat, all-inclusive, subject to our fair use policy
- We can assist with more complex tasks – you can request additional project services such as help with preparation for a FIC inspection, response to a FIC report, guidance on how to submit Suspicious Activity or Transaction Reports (SAR’s/STR’s), enhanced due diligence on a client, guidance on finding the Ultimate Beneficial Owner (UBO), additional FICA training courses and bespoke projects. These projects will be quoted on before commencement
Certified FICA Training and NewsWatch
- Certified CPD training – according to FICA, all your employees should be aware and have an understanding of the Act. Included in the FICA in-a-Box bundle is unlimited access to our FICA / AML related trainings.
- DocFox NewsWatch – get weekly NewsWatch newsletters informing you of current financial crime news. You will also get monthly hints, tips, guidance, and intelligent comment around a variety of topics.
White labelled 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