Annual Financial Statements
A final reminder to all FSPs whose financial year end was 28 February 2019 to ensure that their annual financial statements are submitted to the FSCA by 30 June 2019. FSPs which are required to submit Annexure A (FAIS Notice 82 of 2015) together with their Annual Financial Statements, are reminded to do so.
It remains the responsibility of the FSP and Key Individual to ensure that these statements are submitted within the prescribed period. Failure to do so can result in the FSP’s licence being suspended and a penalty imposed.
Update your Competence Register
FSPs must ensure that the Competence Register is updated with CPD activities within 30 days after the expiry of each CPD cycle.
Planning for the new CPD cycle
The new CPD cycle started on 1 June 2019 and will end on 31 May 2020. FSPs, KIs, and Reps are advised to put a CPD Plan together in order to manage and plan ahead to ensure that the type and combination of CPD activities undertaken are relevant, contribute to the knowledge, skills and ethical standards of the FSP, its KIs and Reps and addresses any identified needs or gaps, and that the required CPD hours are timeously obtained.
Masthead’s 2019/2020 Online CPD Package Deal is now available at a special discounted offer, saving you R500. By signing up for this package, you will have access to over 50 hours of a variety of CPD accredited online learning activities until 31 May 2020. Click here to find out more