The table below indicates who has to successfully complete the Regulatory Exams by 30 June 2018.
|Representatives’ DOFA||RE 5 Deadline|
|30/06/2015 – 31/12/2015||30/06/2018|
|01/01/2016 – 29/06/2016||30/06/2018|
|30/06/2016 – 31/12/2016||30/06/2019|
DOFA refers to your date of first appointment. For instance, if you were appointed on 1 September 2015, you actually have two years and nine months in which to pass the RE 5 for representatives. If your DOFA is prior to this, and you have not been exempted by the FSCA from passing the REs, you are actually operating illegally, which could have dire consequences for you AND your employer.
Unfortunately, time is now running out for those who are compelled to pass in less than one month.
- Remember that bookings close about two weeks before the actual exam, for logistical reasons.
- In order to write before the DOFA deadline (last exam in June on the 29th), candidates should register by 14 June 2018.
IMPORTANT: It is the responsibility of the candidate to make sure that he/she is registered for the correct examination, date, time and venue.