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.
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Animated video explains the two-pot retirement system
NCA Credit providers’ FICA obligations
NCR Desktop Audits
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Looking back at this year’s FPI Professional’s Convention
Enhance your HR skills by attending our insightful webinars in November
Webinars on how to investigate misconduct and address poor performance
The importance of the FSCA’s RE Preparation Guide
The Preparation Guide outlines exactly what the examination will be testing and where to find the information. Studying the Preparation Guide is in fact the very first step a candidate should take to […]
The importance of the FSCA’s RE Preparation Guide
The Preparation Guide outlines exactly what the examination will be testing and where to find the information. Studying the Preparation Guide is in fact the very first step a candidate should take to […]
Still need to write the RE in 2020? – There is very little time and opportunity left
Failure to complete the compulsory Regulatory Exams by the due date means that you are no longer fit and proper. Your employer has no option but to terminate your employment, either by removing […]
FSCA RE Study Material update June 2018
The May edition of the FSCA FAIS Newsletter contains a summary of events since the publication of Board Notice 194 of 2017 (the “Fit and Proper” Board Notice) which came into effect on […]
Regulatory Exam Material Update
The following message currently appears on the Inseta Website: Regulatory Exams Learning Material The BANKSETA is currently revising the RE Learning Materials that INSETA developed in 2014. The revised RE Learning Materials will […]
New Fit and Proper Regulatory Exam Requirements
Board Notice 194 of 2017 contains the latest information on who should write which exams. The competence requirements relating to regulatory examinations determine that all FSPs, key individuals and representatives should write and […]
New Fit and Proper Regulations and the Regulatory Exams
The long anticipated amended “Determination of Fit and Proper Requirements for Financial Services Providers, 2017” was finally printed in December last year. Do not be fooled by the fact that the determination, sans […]
REs for Compliance Officers
We recently published a template showing the deadlines for compliance officers to successfully complete specific regulatory exams. The FSB very kindly expanded on our original publication, including CO’s for Licence Category 4, and also […]
R E and Qualifications Fraud
In a holding statement published on Thursday, 15 June, the Financial Planning Institute (FPI) responded as follows to a media release by the FSB: Falsification of Regulatory Examination Results and Issuance of Fraudulent Certificates […]
Compliance Officer RE Obligations
We requested clarity from the FSB on the interpretation of the various publications on this matter. Two of my colleagues at Moonstone Compliance then very kindly drew up the table below which certainly […]
Regulatory Exam Seats Filling up Fast
As the end of June draws near, availability for seats to write the exams before the DOFA deadline are becoming increasingly scarce. It is not only those who have to write before 30 June. […]
Legislation Handbook and Preparation Guide for REs
The Legislation Handbook for Level 1 Regulatory Exams provides the legislation specified as relevant to the regulatory exams RE 1 and 5. The Preparation guide includes the qualifying criteria provided by the FSB for these […]
Pending Legislative Changes and the Regulatory Exams
Documents released in December 2016 reveal that the FSB intends changing no fewer than seven (7) pieces of legislation in the near future, some possibly coming into effect as early as May 2017. Those who […]
RDR Status update November 2016 Part 1
The new “Level 2” REs and CPD Background Almost exactly six years ago, give or take a day or five, Moonstone presented the very first Level 1 Regulatory Examinations. At that time, it was […]
Authentication of RE Certificates
We often receive queries from employers regarding the validity of RE certificates produced by prospective applicants. This is indeed wise, as we are aware of instances where people fraudulently replicate documents by means […]
New CO Fit & Proper Proposals
We reported on the 18th of April of two new draft Board Notices which aim to clarify the regulatory exam requirements for compliance officers and COs under supervision. A compliance officer must successfully […]
