FAIS Regulatory Examinations in Afrikaans
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2012
Thu
26
Jan
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The Financial Services Board would like to make a correction to certain allegations in an article that appeared in the BEELD newspaper on the 25/01/12.
It is not part of the settlement between the FSB and NAIFA that the FSB will translate any code of conduct or other study material in Afrikaans. However, the FSB has decided, independently from the court case, to translate the Exam Guidelines that are currently published on its website, and to also compile a list of terminology relating to the examination.
The settlement is only applicable to the level 1 regulatory examination and not to any subsequent examinations, the language of which the FSB still has to take a decision on.
As the FSB previously announced, the level 1 regulatory examination will be made available in Afrikaans as soon as possible.
The dates on which the Afrikaans examinations may be taken will be communicated by the FSB to the industry in advance. The dates for the examinations listed in the Beeld are incorrect and misleading.
Information regarding the exams will be announced via the FSB communication-circulars to the industry, and posted on our website, and not through the public media.
Source: Financial Services Board
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