You have only 18 days left as we approach the end of the Continuous Professional Development (CPD) cycle and the deadline for the Financial Advisory and Intermediary Services (FAIS) CPD, which is 31 May 2021.
Although the current cycle commenced on 1 June 2020, Section 2(1) and 2(2) of FSCA FAIS Notice 22 of 2020 provides for reduced CPD hours to be obtained in respect of the 2021 CPD cycle.
As a result, the following minimum CPD requirements were implemented for the 2021 CPD cycle:
- a single subclass of business within a single class of business complete a minimum of 4 and a half hours of CPD activities in respect of the 2021 CPD cycle;
- more than one subclass of business within a single class of business complete a minimum of 9 hours of CPD activities in respect of the 2021 CPD cycle; or
- more than one class of business complete a minimum of 13 and a half hours of CPD in respect of the 2021 CPD cycle.
Are you compliant yet? The Moonstone Business School of Excellence (MBSE) offers access to more than 100 online CPD courses – from only R51 for a 0.5 CPD hour course to R1344 per annum for the packaged subscription. MBSE offers solutions to all your CPD requirements.
If you want to score a double whammy, take a look at our online PoPIA courses. Not only can you prepare for the implementation of this new obligation, you actually fulfil your CPD requirements at the same time.
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