In this essential course, Melissa Mellett, director of eFICA and a legal expert in FICA compliance, provides a detailed overview of the latest FICA obligations for estate agents, rental agencies, and other accountable institutions. With a focus on the practical application of compliance requirements, this course equips participants with tools and knowledge to navigate FICA inspections, implement risk-based compliance programs, and understand the importance of Ultimate Beneficial Ownership (UBO).
Key topics covered include:
- Transitioning to a risk-based approach for FICA compliance.
- Drafting and implementing a Risk Management and Compliance Program (RMCP).
- Understanding Ultimate Beneficial Ownership (UBO) requirements.
- Ongoing client monitoring and sanctions screening processes.
- Preparing for and responding to FICA inspections.
Expert guest Melissa Mellett also introduces the eFICA system, demonstrating how it simplifies risk assessments, document verification, and compliance management.
Please click on the first link below to get started. Enjoy!