REMINDER OF CPD DEADLINE AND CONSEQUENCES OF NON-COMPLIANCE
Representatives and key individuals who do not comply with the FAIS Fit and Proper Requirements, 2017 (including CPD requirements) may not render financial services or manage and oversee the rendering of financial services and should be removed from the FSP’s license.
Irregularity reports must be filed with the FSCA in all cases of non-compliance with FAIS and the Fit and Proper Requirements, 2017.
To avoid negative repercussions, all FSPs must ensure the completion of the required CPD on/before Tuesday, 31 May 2022.
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