RE1 Study Guide 2019
There are 2 sets of material which can be used for preparation purposes:
The Preparation Guide for RE1 and RE5 which is available at https://www.fsca.co.za/Regulated Entities/Pages/LR-FAIS-Amendments.aspx and
The legislation itself. The Preparation Guide refers to the relevant sections in the Act and subordinate legislation that must be studied.
The Preparation Guides are vital as they state the material of the examinations, because they seek to describe what the examination questions will be testing. All examination questions are based on the material as set out and in addition the Preparation Guides map out exactly where you can find the relevant info in the legislation.
The task describes what the candidate must be able to do in respect of the legislation.
The qualifying criteria refer to the knowledge that a person must have to perform the task.
REFERENCE / MOTIVATION
In this column the reference to the actual legislation is provided – if you read the particular section of the legislation, then you will have the required knowledge as referred to in the qualifying criteria.
Every question in the question bank for all the regulatory examinations is based upon the “qualifying criteria” (or the knowledge column) as explained. The questions must be linked to these knowledge requirements otherwise it may not be included in the examination as an examination question.
It is very important to check out the real legislation. One can not anticipate to be evaluated on legislation without having actually checked out the legislation. By reading the legislation you will get used to the meanings, terms and the way in which the legislation is drafted. Please be encouraged that the very same terminology and method is used in the examination questions. The questions need to be technically appropriate because the appropriate legal terms should be utilized at all times. Reading the legislation will help you to interpret the questions properly.
Training Material for RE Exams
There are several guides available from different providers including INSETA. It is important to ensure you use updated and correct study material so you don’t get nasty surprises during the exams. Lets Study have compiled a study guide which is available when you attend a workshop or can be ordered online or by calling our offices.
The printed guide contains all the relevant information you will need to study to pass your exams.
RE1 Study Guide 2019 RE1 & RE5 Workshops – Contact Us