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Professional Development FAIS Act CPD
Naledi renders services in a single subcategory within a single class of business. Under the Fit and Proper CPD requirements, what is the minimum number of CPD hours she must complete in a CPD cycle?
RE5 practice question with a worked answer. This is one of hundreds of FSCA RE5 questions in the RegulatoryExams question bank.
- a) 6 hoursCorrect
- b) 3 hours
- c) 12 hours
- d) 18 hours
Why this is the answer
The minimum is 6 CPD hours per cycle for a single subcategory/single class. The requirement scales up (e.g. 12 and 18 hours) as a person operates across more subclasses, but for one subcategory in one class it is 6.
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