Explore the links to access additional resources to deepen your understanding of UBO obligations.
Everything You Need To Know about Ultimate Beneficial Owners (UBOs)
UBOs have become one of the most talked-about FICA topics, often raising more questions than answers. Join our upcoming webinar to gain more insight into everything you need to know about UBOs according to the FIC Act and get all your burning questions answered!
Trusted by hundreds of law firms, financial institutions, high-value goods dealers and other discerning businesses
Upcoming Online Webinar:
- 20 August 2025
- 10:00 - 11:00 SAST
- The Webinar is Free of Charge
About the webinar:
Our most in demand webinar is back! After receiving many requests we will be hosting this popular webinar which aims to answer all you need to know about verifying Ultimate Beneficial Owners (UBOs). Be sure to book soon as we always reach max capacity!
FICA requires accountable institutions to identify and verify Ultimate Beneficial Owners. This is to prevent criminals from concealing ownership through complex structures. The FIC (Financial Intelligence Centre) has lowered the threshold for identifying UBOs, strongly recommending institutions consider individuals holding 5% or more of ownership interest as having a controlling stake, rather than the previous 25%.
Based on this, as an Accountable Institution, you must take several important steps to identify and verify UBOs, taking this guidance into account.
Join us to gain more insight into everything you need to know about UBOs according to the FIC Act and get all your burning questions answered. We will aim to answer questions such as: How do I determine who qualifies as a UBO? How should UBOs be integrated into my RMCP? And what does the 5% threshold mean for my business? If you’ve asked any of these questions, this webinar is for you!
🎁 ***ADDED BONUS:*** Attendees will receive a newly created UBO Guide! The document is packed with insights and tips to help you identify UBOs.
Topics to be discussed:
- What is an UBO
- The importance of UBOs
- How to find a UBO and the challenges that come with that
- Insight on the beneficial ownership register
- How nCino KYC can help you become FICA compliant
A certificate of attendance will be sent to delegates who attend the session for longer than 45 minutes.
If you any questions regarding the webinar, please contact us on kycafrica.communication@ncino.com
Meet Our Expert Speakers
Val Brink
Enterprise Business Development Executive
Val Brink is an Admitted Attorney of the High Court of South Africa and Enterprise Business Development Executive at nCino. She holds an LLB (UP), LLM in Corporate Law (WITS), and Business Management Honours (Henley).
Val worked at Werksmans Attorneys before founding her own legal practice and consulting firm. At nCino, she helps Accountable Institutions navigate FICA compliance by identifying regulatory gaps and implementing automated technology solutions. She specializes in combining deep legal knowledge with innovative business solutions to streamline AML and KYC compliance processes.
Hawken McEwan
Director of Risk & Compliance
Hawken has over 25 years’ experience in financial crime compliance, regulatory operations, banking operations, risk and change. Specialising in FICA and Anti-Money Laundering, Hawken is an FSCA approved Compliance Officer, FAIS Key Individual and an advisor to BankSETA around AML due diligence and transaction monitoring. He holds a Masters from the University of Edinburgh, a PGCE from the University of Sunderland and is a certified Anti-Money Laundering Specialist.
Webinar Resources
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