Regulatory Exam Material Update

Posted on 11 Comments

The following message currently appears on the Inseta Website:

Regulatory Exams Learning Material

The BANKSETA is currently revising the RE Learning Materials that INSETA developed in 2014. The revised RE Learning Materials will be made available on the websites of both the INSETA and BANKSETA during the second week on May 2018. To access the old material, please follow the below link.

http://www.inseta.org.za/inner.aspx?section=3&page=24

A number of readers have expressed great concern about having to prepare for an exam where the content has changed without having access to amended study material. Some called us “irresponsible” for publishing the current material on our website. In view of this, we have decided to remove the outdated Inseta material until the amended guides are available. Candidates will have to check the Inseta website for updates. We will also replace it, once available, and advise readers.

Candidates with a 30 June 2018 deadline are particularly concerned. Many of them have elected to write earlier so as to be able to rewrite in case they do not pass at the first attempt. Using study material that is not updated cannot be good for one’s confidence.

The best we can do at the moment is to indicate which of the Qualifying Criteria are affected by the new Fit and Proper requirements, and ask that candidates and trainers identify the relevant tasks, and amend it according to the new F&P requirements.

Candidates writing the RE 5 for representatives should note that only one task is affected by the new legislation, not the entire study 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

11 thoughts on “Regulatory Exam Material Update

  1. I will like to have information regarding RE5 fees structure and the duration

  2. Good day, I need the RE5 study material please.

    Will you please send instructions on were I can navigate to get it or send me the information.

    1. Good day
      Thank you for your interest in Moonstone’s RE service.
      Moonstone does not provide RE study material or workshops. In terms of our mandate from the FSCA, we cannot recommend training providers.
      We do publish guides and other resources to help you prepare for the exams: https://www.moonstone.co.za/library/regulatory-examination-library/#RE1
      We also have four exam preparation videos: https://vimeo.com/showcase/regulatory-exam-preparation

  3. Good day
    I am interested in obtaining my RE1 certificate as I have RE5 already that I completed with Moonstone College. Can I please be furnished with Costs and dates that are available.

    Thank you

    1. Good day
      Thank you for your interest in Moonstone’s RE service.
      Information about how to register to write the RE exams can be found here: https://www.moonstone.co.za/services/regulatory-exam-body/
      The exam fees are set by the Financial Sector Conduct Authority. The current fee to write the exam is R1 226 (VAT inclusive) per examination per candidate.
      Moonstone has venues around South Africa where students write the exams. To find a venue, go to https://www.faisexam.co.za/nav/public and click on the Venues tab. To check the exam schedule, click on the Exam Schedule tab.

  4. Does RE5 exam mainly focus on aspects relating to FICA?

    1. No, it focuses on the FAIS Act and its related regulations.

      1. Thank You. I noticed examinations are scheduled for February in most of the places for 2024, so will there be another schedule later this year or they are written once in a year?

        1. There will be another schedule.

  5. Good day
    Please advise where in Gauteng can I register for RE…please and how much

    1. Moonstone does not have a registration office in Gauteng. Your registration options can be found by going to https://www.moonstone.co.za/services/regulatory-exam-body/
      Click on how do I make a booking.
      The exam fees are set by the Financial Sector Conduct Authority. The current fee to write the exam is R1 226 (VAT inclusive) per examination per candidate. This fee will increase in 2024.

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