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Short Course Microfinance Compliance

Financial Intelligence Centre and The Micro Lender

Understand the Financial Intelligence Centre, your compliance obligations as a micro-lender, and how to manage risk under the risk-based approach.

After completing this workshop, you will acquire a solid understanding of:

  • What the Financial Intelligence Centre is
  • The objectives and functions of the FIC
  • The importance of the FIC to you as a micro-lender
  • The Risk Management Compliance Program and how to identify, assess and mitigate risks
  • Customer Due Diligence and how to verify specific identities using the risk-based approach
  • What record-keeping entails, and the storage and retention period of records

At a Glance

Duration
1 Day
Lessons
4
Who should attend
Microfinance practitioners and managers
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