IEASA Webinar - How to prepare for FIC/PPRA inspections - 29 October 2024

IEASA Webinar - How to prepare for FIC/PPRA inspections

• What to expect when you are inspected?
• How to be compliant and stay compliant as a Property Practitioner in 2022 onwards.
• FOCUS ON: FICA and PPRA inspection readiness

VIRTUAL INSPECTION (FICA)

By Property Practitioners Regulatory Authority (PPRA) to conduct an 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: Tuesday 29 October 2024

Time:  10h00 - 12h00

Cost:   R300

Location: Online via Zoom

Certificate of Attendance will be issued.