Appeal Process
The FSB provided the following guidelines for RE candidates who wish to appeal: Candidates have the right to lodge an appeal in respect of the regulatory examination. Appeals are directed at the content […]
Regulatory-Exams
SARS pays back R10bn, but some taxpayers’ refunds are being withheld
Taxpayers should inform SARS if they have been unemployed for a full year or longer, to avoid being flagged as non-compliant.
Read moreDOFA Deadlines
The jury is still out on whether 30 June or 31 December is the final date for representatives appointed in 2012 and 2013, as discussed in Thursday’s Moonstone Monitor. The FSB is reviewing the practical […]
Board Notice 260 of 2014
There appears to be conflicting opinion on whether the following change, announced in this BN, will be applied retrospectively: “(e) the representative must successfully complete the relevant first level regulatory examination by 30 June […]
Work Your Plan
The huge spike in registrations of candidates for the final date of 30 June 2014 merely confirms the tendency to leave writing the REs to the last minute. It is almost as if some people […]
Updated Preparation Material
The updated Juta Pocket Statutes edition of the FAIS Act is now available. LexisNexis also updated their Legislation Handbook and Preparation Guide for the RE 1 and RE5 exams. Queries about the latter […]
June 30 Deadline
All those who are required to successfully complete the level 1 Regulatory Examinations by the end of June should note that the final dates for registration are: • Permanent Centres: 13 June • […]
South African Dofa Deadline
Just a gentle reminder to all those who are required to successfully complete the level 1 Regulatory Examinations by the end of June that the final dates for registration are as follows: Permanent […]
Write Wisely
Studying for the regulatory examination is not the only preparation you should do in order to achieve success. Knowing what to expect when you enter the exam room will equip you with a […]
RE Preparation Material
LexisNexis announced the availability of the third edition of its Legislation Handbook and Preparation Guide for the level 1 FAIS regulatory examination – RE1 and RE5. This book reflects the law as at […]
Fraudulent RE Certificates
Candidates who pass the level 1 regulatory examination are issued with certificates which record this fact. These documents contain a number of security features to avoid fraudulent use thereof. Details of this cannot, […]
FAIS Amendments
FAIS Circular 4 of 2014 will be of great value to regulatory exam (RE) candidates who need to take into account recent legislative changes. It is of equal importance to all FSPs who […]
Impact of Legislative Changes on Level 1 REs
The Financial Services Laws General Amendment Act, No. 45 of 2013 (FSLGA Act) was published in the Government Gazette on 16 January 2014, and included changes to the Financial Advisory and Intermediary Services […]
Impact of Legislative Changes on Regulatory Exams
Impact of Legislative Changes on Regulatory Exams The announcement that the Financial Services Laws General Amendment Act, 2013 (Act 45 of 2013) came into operation on 28 February 2014 will necessitate changes to […]
Foreign FSP Registration
Foreign FSP Registration A Foreign representative is recorded on the Registrar’s database using his/her passport number as identification. Unfortunately, each time a passport is renewed, a new passport number is issued. The Registrar’s […]
Final RE date for Reps Working Under Supervision
An important amendment to the conditions applicable to representatives working under supervision was announced in Board Notice 260 of 2013, published on 19 December 2013. Readers may recall that there was some uncertainty […]
RE Exams Pass Rates
Seldom has one seen such disparate views on a matter of national interest as those expressed on the 2013 matric results. While the government sang its own praises based on statistical improvements, concerns […]
