IEASA Webinar - How to prepare for FIC/PPRA inspections - 3 April 2025

IEASA Webinar - How to prepare for FIC/PPRA inspections 

Presenter: Koti Steynberg

Host: Annette Evans

What to do when receiving the inspection notice. (For compliance officers)

What to expect when you are inspected?

How to be compliant and stay compliant as a Property Practitioner in 2025 onwards.

FOCUS ON: FICA and PPRA inspection readiness

VIRTUAL INSPECTION (FICA)

• Inspection in terms of section 45B of the Financial Intelligence Centre Act 38 of 2001 (the FIC Act)
• Information to be submitted (RMCP & Forms)
• Documentation to be submitted (RMCP & Forms)
• Inspection Questionnaire (7 Compliance obligations)
• Preliminary inspection findings/report
• Final inspection findings/report
• Required remedial action
• Non-compliance
• Actions or omissions that may lead to criminal prosecution and/or an administrative sanction
• Object to the inspection

VIRTUAL INSPECTION (PPA/PPR)

• By Property Practitioners Regulatory Authority (PPRA) to conduct an inspection in terms of section 25(2) of the Property Practitioners Act, 22 of 2019 (the PP Act).
• Compliance or non-compliance of PPA & PPR (and Code of Conduct)
• Documentation to be available/accessible
• Employees and management to be present
• Minor Compliance Notice - remedy and/or fine
• Substantial contraventions notice - Notice of Adjudication - You will have to appear before an Independent Adjudicator who has authority to adjudicate the dispute so formulated by the PPRA.
• Non-compliance
• Sanctionable Conduct

Date:  Thursday 3 April 2025

Time:   10h00 - 12h00

Cost:    R300 IEASA Members / R400 Non-Members  

Location: Online via Zoom

Certificate of Attendance will be issued