Moonstone Business School of Excellence (MBSE) has introduced a new learning option designed to make compliance training more accessible: Getting to Know FICA – isiXhosa.
Officially launched in September, this entry-level continuing professional development (CPD) course provides a practical pathway for professionals and support staff who need foundational training on the Financial Intelligence Centre Act (FICA).
According to MBSE operations manager Monique Brummer, the course was developed in direct response to requests from MBSE’s clients and Moonstone Compliance, reflecting MBSE’s learner-focused approach and commitment to widening access to professional education.
“By offering compliance content in isiXhosa alongside English, MBSE is setting a new standard for accessibility in financial services training,” says Brummer.
A first for MBSE: isiXhosa language offering
Getting to Know FICA – isiXhosa is the first course MBSE has launched in isiXhosa, broadening opportunities for students who prefer to learn in their home language. Key features of the course include:
- Supporting material in isiXhosa – all study resources have been translated to ensure clarity and ease of understanding.
- English video lectures with isiXhosa subtitles – preserving content quality while making it accessible to isiXhosa speakers.
- Assessments in isiXhosa – enabling learners to demonstrate understanding in their chosen language.
- Final course evaluations and certificates in English – as required for compliance and business record-keeping.
“This model strikes a balance between accessibility and compliance standards,” says Brummer.
Course content and relevance
Accredited for 1.5 CPD points at a cost of R130 (with accreditation valid until 31 May 2026), the course introduces learners to the fundamentals of anti-money laundering (AML) and counter-terrorist financing obligations under South African law. Core topics include:
- Money laundering, terrorist financing, and proliferation financing.
- The legislative framework governing compliance and sanctions under FICA.
- Key components of a Risk Management and Compliance Programme.
- The role of the Financial Action Task Force and the United Nations, with discussion on South Africa’s grey listing status and measures to avoid blacklisting.
- Reporting obligations to the Financial Intelligence Centre, alongside the consequences of non-compliance.
By offering the course in isiXhosa, MBSE supports clearer understanding of complex legislative requirements and ensures that more learners can engage with compliance content in the language they are most comfortable with.
Brummer explains that the launch of Getting to Know FICA – isiXhosa represents more than just an additional course.
“For learners and institutions committed to building a stronger compliance culture, this course offers a valuable, accessible, and affordable option,” she says.
About MBSE
Since its establishment in 2015, following the acquisition of PSG Academy, MBSE has grown into a leading provider of online education in South Africa. Initially catering to corporate insurance companies, MBSE now serves a diverse student base, with programmes ranging from NQF Level 4 to NQF Level 8 qualifications. Its offerings include industry-focused short courses, Class of Business (COB), and RE 5 legislative training, and more than 60 CPD courses designed to keep professionals up to date with regulatory requirements.
MBSE is accredited by the Council on Higher Education and the Quality Council for Trades and Occupations and is an approved education provider for the Financial Planning Institute of Southern Africa and the Insurance Institute of South Africa. With a decade of innovation and growth, the school continues to focus on practical, professional, and learner-centred education.
CPD subscription packages
For those with more intensive CPD needs – particularly corporates or advisers with higher requirements – MBSE’s subscription packages offer excellent value. The Core Package (R1 750) grants access to the full CPD catalogue, while the Premium Package (R1 900) includes all CPD and COB courses. That means you can complete as many courses as you need without worrying about extra costs.
From an administrative point of view, MBSE offers the option of multiple bookings via a bulk registration process. This gives an FSP the freedom to register students monthly. (Terms and conditions, together with the signed service level agreement, apply.)
The manager’s dashboard allows the following:
- send coupons to candidates to activate their subscription;
- view candidates’ progress at any time;
- view and download reports;
- view and download candidates’ certificates; and
- create a corporate CPD/COB planner.
Click here to choose a package that suits your needs.
Contact help@mbse.ac.za for support with Corporate packages.
