Exam fraud: FSCA urges financial firms to verify RE certificates
FSPs have a statutory obligation to combat exam fraud by verifying certificates directly with Moonstone or the FSCA.
FSPs have a statutory obligation to combat exam fraud by verifying certificates directly with Moonstone or the FSCA.
In their latest scheme, fraudsters are peddling fake Regulatory Examination certificates, utilising the name and logo of Masthead (Pty) along with the FSCA’s.
Moonstone will check the authenticity of a certificate if provided with written consent.
The chairperson of Stellenbosch University’s council was also a director on Moonstone’s board.
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