FSB Regulatory Exam update – What will be significantly impacted by Board Notice 194

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The amended requirements contained in the 2017 Determination of Fit and Proper Requirements will impact on the content of the study material for the REs.

Persons who registered to write the regulatory examination ON or AFTER Tuesday, 3 April 2018 are obliged to write the new version of the regulatory examination, which will contain the updated questions. It is very important for these candidates to ensure that they use updated preparation material that is aligned with the qualifying criteria in Annexure Four of Board Notice 194 of 2017.

The following areas in the new Task and Criteria will be significantly impacted by Board Notice 194 of 2017. Please note there may also be individual questions in other specific areas that can be impacted, but when all questions are reviewed this will be indicated in the prep guide.

Regulatory Examination Task Criteria
RE1 Task 3 Criteria 1 – 3
Task 4 Criteria 1 – 15
Task 5 Criteria 1 – 11
Task 13 Criteria 1 – 2
Task 15 Criteria 1 – 5
RE5 Task 8 Criteria 3 & 8

We also received confirmation from Inseta that their adjusted study material will be available before or on 1 April 2018.

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