Impact of Legislative Changes on Regulatory Exams

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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 the questions in the Regulatory Exams.

This will not impact on those who have already successfully completed the exams. Those who still have to write the exams need to consider the following information very carefully:

IMPLEMENTATION OF THE UPDATED QUESTIONS AND REGISTRATIONS FOR EXAMINATIONS

Persons already registered to write the level 1 regulatory examination BEFORE Monday, 14 April 2014 can still write the current version of the level 1 regulatory examination without the updated questions included.

Persons who registered to write the level 1 regulatory examinations ON or AFTER Monday, 14 April 2014 are obliged to write the new version of the level 1 regulatory examination, which will contain the updated questions affected by the Financial Services Laws General Amendment Act, 2013.

Therefore, persons who write the level 1 regulatory examinations on or after 14 April must ensure that they use updated preparation material.

The standard cancellation policy will apply to all registrations for the regulatory examinations. Candidates who wish to re-schedule their examinations should take careful cognisance of the FSB’s cancellation policy.

For ease of reference these dates apply.

Examination Date

Latest date to request changes to bookings
10 working days prior to date of exam

2014-04-07

2014-03-20

2014-04-08

2014-03-24

2014-04-09

2014-03-25

2014-04-10

2014-03-26

2014-04-11

2014-03-27

2014-04-14

2014-03-28

A comprehensive circular in this regard is being drafted by the FSB and will be distributed as soon as possible.


RE Schedules, Venues and Registration visit our Exam page.