Hire with confidence. Ensuring that your representatives are qualified and capable is not only a legal requirement but also a critical aspect of maintaining trust and delivering quality financial services to your clients.
According to the Financial Advisory and Intermediary Services Act 2002 (Act no. 37 of 2002), representatives who provide advice on financial services must meet certain Fit and Proper standards. This means they need to have the necessary skills and knowledge to effectively carry out their roles. Our Fit and Proper Verification service simplifies this process for you, enabling you to easily verify whether an individual possesses the operational ability to perform their duties as a representative of the FSP (Financial Services Provider). Dots Africa is integrated directly with the FSCA (Financial Sector Conduct Authority via API) through an advanced API (Application Programming Interface). This cutting edge integration facilitates real-time verification of Fit and Proper details of potential representatives and includes:
Experience the future of representative registration today with our innovative and efficient method for registering your representatives in South Africa. Bid farewell to Microsoft Excel as we usher in a new era with Rep Register on the cloud!
Experience the future of representative registration today with our innovative and efficient method for registering your representatives in South Africa. Bid farewell to Microsoft Excel as we usher in a new era with Rep Register on the cloud!Our seamless API integration with the Financial Sector Conduct Authority (FSCA) offers more than just Fit and Proper Status verification for your representatives. It empowers you to take full control of your representative register within the Dots360 platform - 24/7/365.As stipulated by the FSCA Act of 2002, it is mandatory for authorised financial services providers to uphold a comprehensive register of representatives and key individuals associated with these representatives. Our Rep Register is in accordance with this legal mandate and is seamlessly integrated into our comprehensive Dots360 pre-employment screening platform This unified solution creates a fluid workflow process, ensuring a smooth transition from the responsibilities of the HR department to those of the compliance department.
Dots360 offers you the capability to promptly identify and detect Politically Exposed Individuals (PEP) and individuals listed on the Watchlist, enabling you to assess their potential impact on your business in real time.
Our platform delivers all-encompassing PEP and Sanctions reports, furnishing you with crucial information such as PEP Status, risk assessment score, as well as a succinct overview of their watchlist status. This valuable data equips you to make well-informed judgments when onboarding new personnel, clients, or suppliers.
Enhance your company's protection and demonstrate your commitment to upholding ethical standards and complying with international regulations.
The digital era has increased the efficiency of criminal activities; it is now critical for businesses to put in strategies to guard against being exposed to money laundering activities and ensure they comply with anti-money laundering legislation. Politically Exposed Person Screening is the process of cross-checking individuals against international watchlists, including sanction lists, to determine if they are a risk to your business.
Maintain the integrity of your financial operations and align with industry standards and expectations.
Sanctions searches play a crucial role in the financial sector, serving as a targeted tool in fighting financial misconduct, money laundering and terrorist financing. This type of background screening scans comprehensive international sanctions lists from to identify potential matches for organisations and their UBOs (Ultimate Beneficial Owners). Conducting sanctions searches is more than just a best practice; it's a necessary and forward-thinking check for effectively vetting both potential and existing employees. By cross-referencing candidate information against targeted financial sanctions databases, companies can proactively pinpoint, evaluate, track, mitigate, and control the risks associated with money laundering, terrorist financing, and proliferation financing.
In delivering public services, public servants are responsible for the development of a nation, hence ensuring that all their records are verified for elicit activity, politically exposed and
sanctions screenings insure that vulnerabilities posed by undesireable elements are removed from public service.
