Ace Your RE 5 Exam: Premier Preparation Course
Embark on a journey to success with our premier RE 5 Examination Preparation Course. Tailored for professionals seeking to excel in the financial regulatory framework, this program is your cornerstone for mastering the RE exam. Dive deep into strategies, insights, and comprehensive understanding required to navigate the complexities of the Financial Advisory and Intermediary Services Act (FAIS). With expert guidance, detailed study materials, and practice tests, we equip you with the confidence and knowledge to achieve excellence on your exam day.
About this Course
This course is meticulously crafted to equip individuals with the necessary knowledge and skills to assist them to prepare for the Regulatory Exam 5 (RE5). The course material is rooted in the Financial Advisory and Intermediary Services Act, 2002 (FAIS), The Codes of Conduct, various Board Notices and Guidance Notes, as well as the Financial Intelligence Centre Act and amendments to the Acts.
The course covers a broad spectrum of topics, including:
- Understanding the FAIS Act as a regulatory framework
- Maintaining an FSP licence
- Defining the role of the Key Individual in terms of the FAIS Act
- Adhering to specific codes of conduct
- Complying with regulated record-keeping requirements
- Complying with the requirements of the FIC Act and Money Laundering and Terrorist Financing Control regulations
- Dealing with complaints submitted to the Ombud for FSPs
- Operating as a representative in terms of the FAIS Act
To facilitate a comprehensive understanding of these topics, the course provides a glossary of terms, practical examples, engaging case studies, and interactive activities.
Additionally, the course delves into the Twin Peaks model for financial regulation, elucidates the role of the Financial Services Conduct Authority (FSCA), and discusses the different types of FSP licenses.
Learning Objectives Developed in this Course
By successfully completing this course you will develop the following competencies:
- Describe the FAIS Act as a regulatory framework, demonstrating a comprehensive understanding of its implications for financial service providers.
- Understand the requirements for maintaining an FSP license, ensuring compliance with all relevant regulations.
- Define and explain the role of the Key Individual under the FAIS Act, demonstrating an understanding of the responsibilities associated with this role.
- Adhere to specific codes of conduct, demonstrating ethical and professional behaviour in the financial services sector.
- Comply with regulated record-keeping requirements, ensuring accurate and timely documentation of all relevant transactions and interactions.
- Comply with the FIC Act and regulations related to Money Laundering and Terrorist Financing Control, demonstrating an understanding of the importance of these regulations in maintaining the integrity of the financial services sector.
- Demonstrate effective problem-solving and customer service skills regarding the handling of complaints.
- Operate as a representative in accordance with the FAIS Act, demonstrating a comprehensive understanding of the rights and responsibilities associated with this role.
- Understand the Twin Peaks model for financial regulation, demonstrating an understanding of the structure and function of financial regulation in South Africa.
- Understand the role of the Financial Services Conduct Authority (FSCA), demonstrating an understanding of the authority's role in regulating and supervising the financial services sector.
- Identify the different types of FSP licenses, demonstrating an understanding of the different categories of financial service providers and their respective licensing requirements.
Course Delivery, Duration, and Effort
SA Accounting Academy delivers this online 3-month short learning program course. This course is divided into 9 modules. In this way, you can maintain a work-life balance while studying a just-in-time course to upskill yourself. The required effort is 4 to 8 hours per week.
Is this for you?
If you're aspiring to become a representative of a Financial Service Provider (FSP) or preparing for the Regulatory Exam 5 (RE5), this course is tailor-made for you. It offers an in-depth understanding of the FAIS Act, including the role of the Key Individual, codes of conduct, record-keeping requirements, and the FIC Act and Money Laundering and Terrorist Financing Control regulations.
The course also provides guidance on how to handle complaints submitted to the Ombud for FSPs and the role of the representative in terms of the FAIS Act. For those interested in the Twin Peaks model for financial regulation, the role of the Financial Services Conduct Authority (FSCA), and the different types of FSP licenses, this course will offer valuable insights.
Lecturer
Charmaine Nadasan
Charmaine Nadasan has been working in the Training field since 2012. She is the holder of a B. Com (Unisa), Post Graduate Certificate in Education (Unisa), and Advanced Credit Diploma (Institute of Bankers SA). Charmaine is a seasoned Facilitator and is registered as an Assessor and Moderator for the Banking and Generic Management qualifications as well as various other unit standards. In addition, she has 10 years banking experience and has been a franchisee for two popular franchise businesses where she managed the daily operations of these businesses.
Prerequisites / Admission Requirements
There are no prerequisites for this course.
Accreditation
This course is a non-accredited short course designed to prepare you for the Regulatory Examination for Representatives in the Financial Services Sector.
Assessments
This course includes formative assessments to test your knowledge throughout the modules. Learners must achieve all competencies of the course.
Assessment and Certification
This course will prepare you for the RE5 Exam. You must register separately for the examination and on passing you will receive your RE5 certificate.
Curriculum
Modules:
- Module 1 - Introduction
- Module 2 - Task 1: Understanding the FAIS Act as a Regulatory Framework
- Module 3 - Task 2: Maintaining an FSP Licence
- Module 4 - Task 3: Role of the Key Individual in terms of the FAIS Act
- Module 5 - Task 4: Adhering to Specific Codes of Conduct
- Module 6 - Task 5: Complying with Regulated Record Keeping Requirements
- Module 7 - Task 6: Complying with the FIC Act and Money Laundering and Terrorist Financing Control Regulations
- Module 8 - Task 7: Dealing with Complaints Submitted to the Ombud for FSPs
- Module 9 - Task 8: Operating as a Representative in terms of the FAIS Act
For more information on what will be covered in the curriculum please download the prospectus.
About SA Accounting Academy
The SA Accounting Academy is an accredited private QCTO, SAICA - AT(SA), ICB and BANKSETA qualifications provider. We are committed to providing our students with the highest quality training and support, to ensure that your skills and knowledge are up to date and ready to face the challenges of the modern workplace. Qualifications and courses delivered are designed to ensure that you reach your professional goals and advance your career. With our experienced faculty, staff, and resources, you can be confident that you will receive the highest quality of training.
SAAA is a Level 2 B-BBEE contributor, with 125% procurement recognition. Training spend on certain solutions can be allocated against the Skills Development element of the B-BBEE Scorecard through accredited and nonaccredited training or claimed through SETA grants. In addition, 25% of your Skills Expenditure can be claimed on non-accredited training or courses.
Course Fees
Invest in your future with our comprehensive course. Our fee is an all-inclusive investment in your future.
The course fee is R 2 500.00 and consists of:
Educational Resources
- Online Materials: Access a wealth of online resources, from e-books to webinars, enhancing your learning experience.
Learning Support
- Facilitation: Benefit from expert-led facilitation sessions that offer personalized guidance, addressing individual queries and ensuring a thorough understanding of the subject matter.
- Formative Assessments: Reinforce your understanding with assessments on different topics.
- Learner Forum: Engage in meaningful peer-to-peer interactions through our dedicated learner forum. Share insights, ask questions, and collaborate on projects to enhance your learning experience.
- Continuous Support: Our dedicated team is always on standby to assist with any academic or administrative queries, ensuring a smooth learning process.
Flexibility and Convenience
- Study Online: Complete your course and take your assessments online, giving you the freedom to learn from anywhere.
Payment Methods
Debit / Credit Card or Instant EFT
You can pay directly on our website for an easy, secure, and instant transaction. During promotional periods, customers can take advantage of additional savings. This is the fastest and most efficient option, saving both time and money.
EFT / Bank Deposit
You can make a payment directly into our bank account using your Online Banking App, Online Banking services, or by visiting your local bank branch.
Your Company / Employer
It may be beneficial for your company to invest in training for its staff members. As there are financial and tax advantages for doing so, please speak with your employer or Training / HR manager about the possibility of paying for this training.
Third Party
If you have someone who is willing to pay for your studies, such as a parent or relative, they can either log in and pay on our website or they can pay via any of the payment options above on your behalf.
Payment Options
Option 1: Once off payment
- R 2 500.00.
Corporate Training Solutions
At the Accounting Academy, we recognize the evolving needs of businesses in today's dynamic environment. Beyond our standard webinar offerings, we provide tailored corporate training solutions designed to empower your team with the latest in accounting and professional skills. Whether you're looking for online sessions or face-to-face training, our programs are crafted to ensure a comprehensive and engaging learning experience.
Drawing inspiration from modern training methodologies, our corporate solutions are interactive, adaptable, and focused on real-world applications. We prioritize hands-on learning, ensuring your team can immediately apply their newfound knowledge in practical scenarios.
Interested in a bespoke corporate training experience? Reach out to us at [email protected] or call 010 593 0466. Together, let's design a training program that elevates your team's capabilities and aligns with your organizational goals.
Contact Us
Ready to elevate your expertise in financial statement compilation? Enroll now and embark on a transformative learning journey with SA Accounting Academy.
Have any questions or need any assistance? Contact us today!
- Online chat through our website https://accountingacademy.co.za
- WhatsApp: Start chatting (+27635026114)
- Call: +27 (0)10 593 0466
- Email: [email protected]