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Accountable institutions are obliged to develop, document, implement
and maintain a Risk Management and Compliance Programme,
which sets out the FICA compliance obligations of the business and its
procedures for ensuring that these obligations are met. The Amendment
Act dictates that the Risk Management and Compliance Programme
replaces the formerly required FICA internal rules of the organisation.

Employees of accountable institutions must receive comprehensive and
ongoing training on FICA in accordance with their Risk Management
Commercial their duties in terms of FICA when engaging with clients.
and Compliance Programme to ensure that employees are aware of

The board of directors (for legal persons) and the person with the
highest level of authority (non-legal persons) are now tasked with
ensuring compliance with FICA. A specific individual with sufficient
competence and seniority may be appointed to assist with ensuring
compliance with FICA, which appointment is similar to the previous
FICA compliance officer.

If one looks at the amendments introduced by the Amendment Act,
all accountable institutions will need to review their current FICA
frameworks to address the changes identified above. Although the
Amendment Act has been signed, it has not yet come into operation,
which does provide your organisation opportunity to timeously address
your FICA compliance in line with the new amendments.

Where to start with a micro-brewery

Tata Mokwayi
May 2017

“I’ve seen quite a number of micro-breweries popping up
around South Africa. If I wanted to start such a brewery, where
would I start?”

To operate a micro-brewery where you manufacture liquor (at or
below the threshold volume as prescribed by legislation) and sell
it for retail purposes, it requires that you obtain a micro-brewery or
micro-manufacturing liquor licence. In the Free State, the Free State
Gambling Liquor and Tourism Authority is the correct liquor authority
that must be approached for such a licence.
This authority issues various registration certificates for the sale and
supply of liquor, which can be categorised into two main types namely
on-consumption licences (restaurant/tavern) and off-consumption
licences (micro-brewery/liquor store/wine grocer).

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