IEASA Webinar - How To Prepare For Inspections - PPRA and FIC - 17 November 2026

IEASA Webinar - How To Prepare For Inspections - PPRA and FIC

Presented by Koti Steynberg

A brand-new session

The PRACTICAL focus on:

THREE CATEGORIES OF INSPECTIONS OF THE PPRA

• Compliance inspections
• Enforcement
• Transformation

THE PPRA TYPES OF INSPECTIONS

• Independently issued
• Office at a private residence
• Search warrant

THE PPRA METHODS OF INSPECTIONS

• Investigation
• Desktop audit
• Assessment and determination
• Verification

THE PPRA INSPECTIONS FOCUS ON.

• FFC s
• Marketing
• Stationary
• Consumer protection
• Mandatory disclosure form
• Mandates
• Contracts
• Code of Conduct
• Transformation requirements
• Educational requirements
• Audit requirements
• FIC and other acts

COMMUNICATION WITH THE PPRA

• Different exemption types and emails.
• General tips and steps for quicker reactions.

INSPECTIONS OF THE FIC - Inspection in terms of section 45B of the FIC Act

VIRTUAL AND ON-PREMISES INSPECTION (FICA)

• Make sure that your RMCP is updated and submitted to the FIC via goAML
• The updated RMCP must explain the processes
• How to submit reports,
• How to register a user on goAML (including internal process)
• How to scrutinise customers on whether they are FPEPs, DPEPs or PIPs at onboarding
• How to scrutinise for targeted financial sanctions
• How to train your employees on the RMCP and the FIC Act and how often.
• Your RMCP needs to be worded in such a way that anyone would understand it.
• When receiving the inspection notice
• Acknowledgement and first communication.
• How to submit the information.
• Business and registration documents
• RMCP and applicable forms
• Questionnaire mirroring your RMCP and forms
• Records of Sales/rentals
• Financials
• Draft inspection report
• Receiving and checking the draft report.
• Reacting to the draft report.
• Showing intended improvement.
• Final inspection findings/report
• Receiving and checking the final report.
• Reacting to the final report.
• Required remedial action
• Non-compliance
• Actions or omissions that may lead to criminal prosecution and/or an administrative sanction
• Object to the inspection
• Follow-up inspection

Date: Tuesday 17 November 2026

Time: 10h00 - 12h00

Location: Online via Zoom

Cost: R100 IEASA Members / R150 Non-Members