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Competency Framework Review

The determination of Fit and Proper requirements, published in 2008, referred to four competency requirements: Experience Qualifications Regulatory Exams (Level 1 FAIS Legislation and Level 2 Product knowledge) Continuous Professional Development (CPD) The first two, plus the Level 1 REs were implemented. At the FSB’s FAIS Conference in March 2016, it was pointed out that the challenges regarding Level 2 […]

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National Credit Act Training

A recent article posted on Bizcommunity provided a summary of the amendments to the National Credit Act which was published on 19 May 2014. The amendments aim to provide added protection for consumers, and places new demands on credit providers to ensure fair treatment of clients. In view of the happenings at African Bank, these […]

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