All RE5 questions
Record Keeping Comply with regulated record keeping requirements
The record of advice must show that the client was told of their right to complain. This sits at the intersection of the Code and which other requirement?
RE5 practice question with a worked answer. This is one of hundreds of FSCA RE5 questions in the RegulatoryExams question bank.
- a) Record keeping.Correct
- b) FIC Act compliance.
- c) Financial soundness.
- d) Continuous professional development.
Why this is the answer
The record of advice is the documentary proof of compliance, so capturing that the complaints right was disclosed is a record-keeping matter under the Code. It is unrelated to the FIC Act, solvency, or CPD.
Want to test yourself on 700+ more questions like this?
Start your free RE5 simulator today — timed mock exams, full answer explanations and cloud-synced progress tracking.
More Record Keeping questions
- FSPs must keep client records safe from destruction. For how long must records generall…
- Which of the following is NOT among the records of advice an FSP must keep and be able…
- What must a record of advice issued to a client contain?
- For how long must an FSP retain records of advice and related client documentation unde…