Under the post-2010 fit-and-proper entry rules, Refilwe wants to start as a Category I short-term insurance representative. Which statement best describes how she may be appointed?

RE5 practice question with a worked answer. This is one of hundreds of FSCA RE5 questions in the RegulatoryExams question bank.

1. a) She may be appointed with at least a matric/Grade 12 as the minimum entry level and then render services while working under supervision.Correct
2. b) She may not be appointed at all until she has already passed the relevant regulatory examination.
3. c) She may only be appointed once she has accumulated the minimum required years of experience first.
4. d) She must already hold a full recognised qualification before any appointment is possible.