Description
This course is designed to help prepare for the Regulatory Examination for Key Individuals (RE1) as required by the Financial Advisory and Intermediary Services (FAIS) Act. Please note that this training focuses on equipping you with the essential knowledge and skills to sit the RE1 exam. The course does not include the exam itself, but after completing the training, you will be well prepared to take the RE1 exam independently.
A Key Individual plays a critical role in the financial services sector by overseeing and managing the activities of a Financial Services Provider (FSP), ensuring compliance with applicable legislation and regulatory requirements. The Regulatory Examination (RE1) for Key Individuals is designed to ensure that Key Individuals have the necessary knowledge and understanding of the FAIS Act and its subordinate legislation, as well as the Financial Intelligence Centre Act (FICA).
RE1 training is essential for all Key Individuals to ensure effective governance, compliance, and oversight within an FSP, and to uphold the integrity of the financial services industry. By successfully completing this training and passing the RE1 exam, Key Individuals demonstrate their competence, accountability, and commitment to ethical and professional conduct.
