Subject Title - INSETA

Self-Assessment QuestionsPlease note that the questions which follow are formative in nature. Thequestions were not developed by the FSB‟s examination bodies and as suchcannot be used as an indication of the nature/structure/level of the questionsthat you will encounter in the FSB‟s regulatory examination.1. When the FAIS Registrar considers the application for an FSP licence,he may:a) refer to the documentation submitted by the applicant onlyb) consider additional information obtained from externalsources without giving the applicant an opportunity tocomment on the informationc) consider additional information obtained from externalsources provided the applicant was given opportunity tocomment on the informationd) only a) and c)2. The Registrar may impose conditions and/or restrictions on the FSPlicence having regard to:a) all facts and information available to the Registrar pertainingto the applicant and any key individual of the applicantb) the category of financial services which the applicant couldappropriately render or wishes to renderc) any guidelines provided to the Registrar by the AdvisoryCommittee or the Boardd) All the above3. The Registrar may:a) withdraw a licence on application by the licensee or on owninitiativeb) not withdraw or amend conditionsc) pursuant to an evaluation of a new key individual, imposenew conditionsd) Only a) and c)© INSETA - Section 1 12a 111