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Can this person afford credit?…..Changes to the National Credit Act

“You cannot change the circumstances, the seasons or the wind, but you can change yourself. That is something you have charge of.” – Entrepreneur, author and motivational speaker Jim Rohn Autumn is always a colourful season, with the leaves gradually changing from green to copper to glowing red. Watching the trees shed their leaves is …

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Amendment to Fit and Proper Requirements for Representatives working under supervision

According to Board Notice 260 of 2013, published in the Government Gazette of 19 December 2013, representatives must: 1. successfully complete the relevant first level regulatory examination by 30 June after the expiry of 24 months from         the date of first appointment as a representative 2.  successfully complete the relevant second …

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February 2013: Update on Regulatory exams and other Fit and Proper Requirements

RE Level 1 The deadline for passing the Level 1 Regulatory Examination (RE5) is 31 March 2013 for all representatives who were appointed before 31 December 2010.  At the FSB/Inseta workshops that were held countrywide during January and February 2013 to assist representatives in their preparation for the exam, the FSB indicated that there is …

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