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 […]
Regulatory-Exams
Crypto transfers: new client information requirements coming for CASPs and intermediaries
The ‘travel rule’ means CASPs and FSPs cannot initiate a crypto asset transfer unless they can transmit prescribed information.
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Revised F & P requirements for Key Individuals
The RDR Phase 1 status update provided clarity on the FSB’s thinking on the future role and functions of a Key Individual. Under the discussion of Proposal Y: Advisers may not act as representatives […]
RE Deadline for Local and Foreign FSPs
Candidates are required to successfully complete the applicable level 1 Regulatory Exam by 30 June after expiry of 24 months from the date of first appointment as representative. In practical terms, this means that those […]
UK exam and bulk registrations
New UK exam date Our next UK exam is scheduled for 17 March 2016. For more information contact Marietjie at faisexam@moonstoneinfo.co.za. REs in Mauritius We received several enquiries from candidates resident in Mauritius regarding the […]
Temporary cancellation of Fais examination
Often, candidates, despite having paid within 24 hours of registration, receive a notification advising that their examination was temporarily cancelled due to failure of payment. The important word here is TEMPORARY. Our system […]
RE in Afrikaans afgeskaf
Die FSB het aangekondig dat die Afrikaanse regulatoriese eksamens nie na 30 November 2015 beskikbaar sal wees nie. Volledige besoderhede is vervat in Fais Circular 5/2015. Slegs Moonstone bied die eksamen aan. Om te registreer, besoek asseblief […]
Just do it
Candidates who are required to write the Level 1 before the end of June next year should not leave it till the very last moment. Not all those who write pass at the first […]
Amended RE Terms and Conditions
The FSB just released a document containing amended terms and conditions applicable to the Regulatory Exams. It clarifies several issues with which candidates experienced problems in the past and is applicable with immediate […]
What Exam should I write?
There appears to be a major miscommunication between certain employers and their staff, judging by the volumes of questions we receive. “My employer said I must write the RE 1.” In 99% of these […]
Durban Permanent RE Venue News
The Moonstone Regulatory Exam Centre in Durban, situated in the Musgrave Centre, will only remain in use until 29 September as a result of major renovations to the centre. The new Durban venue, which will […]
Various Types of Questions
A very important part of your preparation is to make sure that you read and understand the information contained in the FSB’s Preparation Guide. According to this document, there are four levels of […]
RE: Preventing Cheating
The terms and conditions, which candidates are obliged to sign prior to writing the exam, contain a number of rules to prevent cheating. Here are some which you need to be aware of: […]
Inseta Learning Material
The Inseta website underwent a facelift, and learners wishing to download the preparation material for the regulatory exams may experience some difficulty in finding it. Click on this link to go directly to […]
Important Exam Day Requirements
Our website contains a more detailed document of what is required. The following is a short extract of some of the problems regularly encountered by our exam venue staff: Attendance Candidates are required […]
Recurring RE Problems
Our Regulatory Exam department listed the following recurring problems which can be prevented with a little more care: Candidates register with only one name when they have two or more. This results in […]
Mental Conditioning
An important part of preparing to write the regulatory examinations, concerns your mental approach. In an interview with Moneyweb, Paddy Upton, the mental conditioning coach of the Proteas had the following to say: […]
