Regulatory
Exams

According to the FAIS Act, financial advisors and intermediaries are required to meet specific competence requirements before they can deal with members of the public.
These criteria are part of the FSB’s licensing conditions.

One of the requirements is the passing of regulatory exams (REs). There are several types of exams for individuals, depending on their roles in the industry. Insurance professionals are required to hold the relevant regulatory exam.

Exams are administered by two bodies, Moonstone and FPI. Check with your employer which one of these providers they prefer.

All the information regarding registration, exam preparation and study material is available on the respective websites. Be sure to discuss requirements, registration and payment options with your employer upfront.

Find out more on the FSB website.