FAIS
- Fit and Proper........... The due date to comply with the column 4
requirements is approaching us with a rapid pace.
In June
2007, amendments were made to the fit and proper requirement for financial
service providers. In essence what this
meant was that an extra year was given before our industry needed to
comply with the column four requirements. (i.e. 30 credits for personal lines
and 60 credits for commercial lines etc.) This brought on a big sigh of relief
to many individuals in our industry at the time, as research showed that about
40% of key individuals and representatives would have been unable to meet these
requirements. A year has past since the amendments were gazetted and if you have
not yet made significant progress towards these requirements you only have 6
months left to get the required credits.
Below is a
list of training providers who can assist you in closing the gap.
PLEASE NOTE: You are not limited to use these providers and a list of all the training providers who are accredited with INSETA can be found on the INSETA website www.inseta.org.za