Keep a look out for your Levy invoice
The FSCA will prepare and send Levy Invoices to FSPs towards the end of September 2021. FSPs are reminded to check that the FSCA has their up-to-date contact details to ensure that the Invoice reaches the FSP and can be paid before the deadline date, 31 October 2021. If an FSP does not receive their invoice ahead of the deadline date, we suggest that they contact the FSCA to request that this be re-sent to them. Failure to pay levies timeously can result in license suspension.
CPD Progress
FSPs, KIs and Reps are reminded that they should be on track with achieving the required number of hours which evidences their continuous professional development (CPD) in the industry. Your professional development should be in line with areas identified in your CPD Training Plan.
Although the deadline to meet the minimum number of required CPD hours is 31 May 2022, FSPs, KIs and Reps should structure CPD activities and training plans to ensure that appropriate progress is made throughout the year and not aim to only achieve the minimum number of CPD hours, shortly before deadline.
Should you require more information on the various approved CPD activities that Masthead offers, please get in touch with us on info@masthead.co.za or contact your Masthead Compliance Officer.