The new Fit and Proper Determination requires that certain individuals are required to obtain a specified number of Continuous Professional Development (CPD) hours between 1 June 2018 and 31 May 2019.
In response to an application to the FPI, a SAQA recognised Professional Body, for recognition of the Moonstone Monitor as a vehicle towards obtaining (CPD) hours; we received the following response from the professional body:
It is a privilege to inform you that your Moonstone Monitor newsletter has been recognised as a recommended source for Continuous Professional Development purposes…”
This means that, subject to conditions outlined below, you will be able to claim 0.5 hours for Fit and Proper CPD purposes every time you read the Moonstone Monitor.
We are in the process of applying for similar recognition of our other publication, the Moonstone Investment Indicators. Should this be successful you will be able to get one CPD hour per week simply by reading your favourite industry newsletters and answering a few questions.
Fit and Proper Requirement for CPD recognition
In order to qualify for such recognition, subscribers will have to register for access to an online assessment to enable us to verify to the FSCA that you did in fact read and understand the newsletter.
Please click here to read more about registering for the online assessment as well as the cost involved. Access the “View Guide” link on the page to assist you with the registration process.