There are a number of changes brought in by the new Exemption of Supervision (FAIS Notice 86 of 2018), which takes effect on 1 February 2019.
It is, therefore, important to know what exactly the Exemption provides, and to plan and supervise accordingly. The Exemption is not only applicable to new entrants to the industry, but also to existing representatives working under supervision.
Focus Area:The focus of this course is to equip you with the knowledge you will need to ensure a smooth transition from the previous to the new supervision regime.
Who should Attend:Anyone who needs to supervise representatives working under supervision according to FAIS.
CPD Info:6 CPD Hours
08:30 -9:00: Coffee / Tea & Registration
09:00 – 9:30: Classroom / Online | Background and introduction to Board Notice 86 of 2018
9:30 to 10:45: Classroom / Online | Conditions of Exemption – introduction and entry-level requirements
10:45 – 11:00: Tea Break
11:00 – 12:00: Classroom / Online | Compliance periods
12:00 – 13:00: Classroom / Online | Supervision agreement
13:00 – 13:45: Classroom / Online | Duties of supervisor, supervisee and FSP
13:45 – 14:15: Lunch
14:15 – 15:00: Self-assessment questions. Discussion of self-assessment questions