Property Practitioners (Estate Agents and Estate Agencies) need to become AND stay compliant with the latest Financial Intelligence Centre (FIC) legislation.
An easy DIY checklist to be FIC inspection ready without spending too much time on non-money-generating tasks.
The FICA pack includes a fully revised Risk Management and Compliance Program (RMCP) pack including 11 essential forms: plus, a complimentary consultation with our specialist FIC trainer to include your offices specific business risk.
Put together a training plan that will include:
• Initial training
• Ongoing training
• New (and existing) employees training
• Management assistance
• Evaluation of employees on FIC Knowledge
The steps to take when reporting to the FIC including a “Mock Report” and record keeping.
• RMCP
• Governance
• Training
• Employee
• FICA
• Client FICA
• Reports to FIC
The steps/process when you do FICA
• Sellers
• Buyers
• Tenants
• Landlords
and what should be kept on file.
✓ Consumer protection (Code of Conduct)
✓ FFC’s (Registration, De-registration, Renewals, Exemptions)
✓ Education (NQF 4/5, RPL, exemption, practical, EISA, PDE 4/5, CPD)
✓ Financial (Audits and Trust accounts.)
Applicable and effect on:
• Mandates
• Contracts
• Documentation
• Marketing
• Finance
• Forms
• Letters
• Documents
• Payments
• How to do it
• Communication
• Educational steps at different stages.
• Historical candidate
• New candidate
• RPL candidates
• Full status agent
• Principa
• Continues Professional Development
• Steps to take when opening a new business and do not want a trust account.
• Steps to take when using a payment processing agent
• Steps to take if you want to close your trust accounts.
• Facts on audit reports.
• Steps when using a trust account.
• Registrations and FFC
• Financial and transaction
• Documentation
• Business cards, the on-show boards
• Letterheads
• Mandates and contracts
• FICA, POPIA PAIA
• Ask for statements and invoices
• Sent Proof of payments
• Sent proof of compliance
• Request updated statement
• If necessary, arrange for 6 mont s’ payment
The POPI Act is SA's data protection and privacy law, which aims to protect the personal information of individuals and juristic entities from unlawful collection, use, and disclosure. It is a constitutional right to privacy.
• An easy POPIA Framework Template and forms focused on Property Practitioners’ offices.
• POPIA Information Officers registration is included on request.
• The safe approach to direct marketing and staying compliant.
• How do you do it?
• When is it allowed?
• Record keeping
• Make your office “POPIA-proof”
• An easy DIY checklist to change your documents to be POPIA compliant without spending too much time on non-money-generating tasks.
The PAIA Act is SA’s right to access specific data. The purpose is to promote transparency and accountability, and to enable people to exercise or protect their rights.
An easy DIY checklist to change your documents to be PAIA compliant without spending too much time on non-money-generating tasks.
• Your website
• Annual reporting
• An easy PAIA Manual Template focused on Property Practitioners’ offices.
• The annual PAIA report could be included on request.
The documentation that a Property Practitioner uses is their tools. It should not only be legally enforceable but also always protect the consumer within the boundaries of the Code of Conduct.
An easy DIY checklist to change your documents to be code of conduct compliant and kept up to date with all the acts and clauses that have been added in the past 30 years.
An easy DIY checklist to change your documents to be code of conduct compliant and kept up to date with all the acts and clauses that have been added in the past 30 years.