South African Institute for Drug Free Sport Act, 1997
R 385
Financial Advisory and Intermediary Services Act 2002 (Act No. 37 of 2002)DeterminationsAmendment of the Determination of Fit and Proper Requirements, 2020Chapter 3 : Competence RequirementsPart 2 : Minimum experience15. General experience requirement |
| (1) | An FSP and representative must have adequate and appropriate experience in the rendering of a particular financial service in respect of a— |
| (a) | particular financial product; and |
| (b) | particular category of FSP, |
for which it is authorised or appointed or in respect of which authorisation or appointment is
sought.
| (2) | A key individual must have adequate and appropriate experience to manage or oversee the rendering of a particular financial service in respect of a particular category of FSP for which it is approved or in respect of which approval is sought. |
