Statistics Act, 1999
R 385
Financial Advisory and Intermediary Services Act 2002 (Act No. 37 of 2002)DeterminationsAmendment of the Determination of Fit and Proper Requirements, 2020Chapter 3 : Competence RequirementsPart 1 : Application and General Requirements12. General competence requirements |
An FSP, key individual and representative must—
| (a) | have adequate, appropriate and relevant skills, knowledge and expertise in respect of the financial services, financial products and functions that it performs; |
| (b) | comply with the minimum requirements set out in Part 2, 3, 4 and 5 of this Chapter; and |
| (c) | maintain their competence. |
