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RE5 Mock Exam 2

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Key learning outcomes covered by RE5 Mock Exam 2

RE5 Exam Qualifying Criteria for Task 2
Explain the requirements a FSP must meet to maintain a FSP licence
Assist in maintaining a FSP licence by executing the required actions as a Representative, in terms of the Act
Discuss the requirements around the display of licences
Explain the implications for a Representative if an accreditation is suspended or withdrawn or lapsed in terms of the Medical Schemes Act, 1998, or any other enabling legislation.
Explain what is meant by “undesirable practices”.
Check that the execution of duties and actions as a Representative does not constitute undesirable business practices.
Describe the implications for a Representative if the Authority declares a business practice to be undesirable.
Explain the reparation measures available to the Authority if a Representative continues with undesirable business practice.
Describe the offenses prescribed by the FAIS Act.

Sipho Mpeta

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Sipho Mpeta

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