Subject Title - INSETA

(iv)At Degree level, at least one of the subjects must be in the field ofcommerce and of the three subjects, at least one must be a majorsubject (final year level).Qualifications listThe Registrar will publish an updated qualifications list, as subordinatelegislation, at least four (4) times a year. If a particular qualification is noton the list, application can be made to the FSB (download the form from theFSB website) for recognition.Refer to Chapter 2 for examples of a qualification list.Appointment datesThere are different qualification requirements for different appointment dates.Representatives appointed between 2004 and 2009 are subject to thetransitional arrangements published in the subordinate legislation. Theserules determine the type of qualification that is required as well asarrangements regarding the requirements in terms of experience, regulatoryexaminations and CPD.Representatives appointed from 2010 onwards must get a full qualificationfrom the qualification list and comply with the other fit and properrequirements relating to competence.3.3.6 Regulatory examinations for representativesThe principles applicable to the regulatory examinations for key individualswas discussed in Chapter 2. The same basic principles as to the need andreasons apply to representatives, but the application of the examinationsdiffer.To meet the fit and proper requirements in terms of competence,representatives have to complete the relevant first and second levelregulatory examinations (within the prescribed dates).Only when a qualification meets all the qualifying criteria will a person beexempted from the applicable second level (product-related) regulatoryexamination, as discussed above.© INSETA - Section 1 12a 71