RE 5 Examination Preparatory Course

Course Overview

The RE5 is a regulatory exam set by the Financial Sector Conduct Authority provides the holder of the license to offer advice that leads to the conclusion of a financial transaction, examples of such include advice on products from financial services providers, such as insurance and banking, as well as financial contracts offered by retailers and cellphone operators.

The qualification is designed for Representatives who offer a financial service on behalf of a Financial Service Provider in terms of the conditions of employment, or any other mandate, but exclude a person rendering clerical, technical, administrative, legal, accounting or any service that does require judgement.  The license is a mandatory requirement in accordance with the FAIS Act and renders the holder ‘Fit and Proper’ to provide advice in the conclusion of a financial transaction. The objective of the Regulatory Exam is to regulate and professionalise the Financial Services Sector and to ensure that advice offered by financial service providers is not detrimental to the consumers.

Course Content

  • FAIS Act and sub-ordinate Legislation
  • Apply knowledge of financial products within the Financial Services environment
  • Roles and functions of a Compliance Officer

Course Outcomes

  • Develop a tactical strategy when approaching the RE5 exams
  • Acquisition of effortless compliance with legislative requirements of the FAIS Act
  • Attain professionalism in the execution of your tasks thereby protecting your clients
  • Benefit from a unique examination guidance methodology that removes the legalese associated with the RE5 course
  • Guidance by a seasoned facilitator who has more than 15years’ experience in the Financial Services sector and years of experience facilitating the course(workshops)

Course Requirements

Matric and or experience in the Financial Services Sector

Course Qualification

Learners will receive a certificate of attendance, following which they can register for the exam.

Course Duration

Course to be completed after 6 months of registration with Charter and the Examination body.