The Financial Sector Conduct Authority has published a guidance notice 1 of 2019 to provide guidance on the application of section 14 of the FAIS act particular with the regard to the rational applied and the processed to be following when effecting debarments.
This course considers this guidance note as well as the statutory stipulations regarding debarment.
Time allotted for course
The course consists of 1 topic with an assessment that needs to be completed. The time allotted for each aspect is as follows: Topic number Title Number of pages to read Time allotted Topic 1 The process of debarment Assessment
Assessment and certification
After completion of the online workshop the learner must complete an online assessment on the Forward learning management system.
Form of assessment: Online Multiple Choice Questions
- Number of questions: 8 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 online workshop should a competency mark not be attained.
CPD Category: Online programme
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: 1.5 hours | 1 point
Professional Body Approval: Institute of Bankers in South Africa (IOBSA) IOBSA Approval Number: 2020023