The course provides an in dept look at the mandate of the Financial Sector Conduct Authority as per the Financial Sector Regulation Act. The strategy as well as the new structure of the Financial Sector Conduct Authority is considered.
It is essential for all regulated officers to complete this course to understand the approach to regulation that will be followed in the future.
Time allotted for course
The course consists of topics with an assessment that needs to be completed. The time allotted for each aspect is as follows:
Assessment and certification
After completion of the workshop the learner must complete an electronic assessment on the learning management system.
• Form of assessment: Multiple Choice Questions
• Number of questions: 20 questions
• Duration: 60 minutes
• Competency mark: 60%
Upon obtaining a competency mark of 60% the learning will receive a certificate of completion. The learner will be afforded an opportunity to re-do the workshop should a competency mark not be attained.
COB Category: All classes of business
Financial planning component: Ethics and Practice Standards
Advice component: Ethics, Standards and Compliance
Accreditation valid until: April 2021
CPD Points allocated: 8.5 hours | 5 points
Professional Body Approval: Institute of Bankers in South Africa (IOBSA) IOBSA
Approval Number: 2020024