Unpacking How Criminals Use Businesses to Launder Money
Join the nCino KYC experts for a complimentary breakfast session in Johannesburg to learn how FICA can help protect your business from money laundering risks.
Trusted by hundreds of law firms, financial institutions, high-value goods dealers and other discerning businesses.
About the Session:
It is estimated that between R16 billion and R64 billion is laundered in South Africa annually. The complexity and scale of these operations are alarming, and there’s a risk that your business could be unwittingly implicated. Understanding how criminals exploit businesses and knowing how to spot red flags and conduct effective client screening is critical to protecting your business.
Join us for a complimentary breakfast session led by our compliance experts, where we will explore this growing trend and its implications.
During the session, we will discuss real-world case studies of businesses involved in money laundering, explain how to identify potential red flags, and share practical strategies to protect your business from becoming a target.
Topics to 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 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 nCino KYC can help your business.
- Q&A session: An opportunity to address any questions or concerns regarding FICA compliance.
If you have any questions regarding the event, please contact us on kycafrica.communication@ncino.com
Meet Our Expert Speakers
Tertia Barrett
Area Vice President,
nCino KYC Africa
Tertia Barrett is the Area Vice President for nCino KYC Africa – Africa. nCino KYC Africa is a leading FICA automation solution. Tertia has been in the compliance technology space for over 15 years, working in a variety of highly competitive and fast-paced industries.
She holds an MBA Cum laude from GIBS Business School and has a successful track record in managing business growth, strategic planning, business development, and go-to-market strategies.
Thilomi Govender
Financial Crime Compliance Manager,
nCino KYC Africa
Thilomi Govender is a highly qualified Compliance Officer at nCino KYC with extensive experience in corporate governance and financial crime compliance.
She holds an Honours in Compliance Management, and is also a Certified Global Sanctions Specialist Candidate. With 9 years of experience in financial crime compliance in the financial sector, Thilomi has a wealth of knowledge in Transactional Monitoring, Customer Due Diligence, and Know your Customer processes. Her practical experience also includes FIC reporting and onboarding intricate entity types.
Join us in person
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Melrose Arch
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