National Heritage Resources Act, 1999
R 385
Financial Advisory and Intermediary Services Act 2002 (Act No. 37 of 2002)DeterminationsAmendment of the Determination of Fit and Proper Requirements, 2020Chapter 1 : Interpretation, Purpose and Application of Determination4. Fit and proper requirements |
(1) | The fit and proper requirements for each of the categories of FSPs, key individuals and representatives are— |
(a) | personal character qualities of honesty and integrity, as set out in Chapter 2; |
(b) | good standing, as set out in Chapter 2; |
(c) | competence, as set out in Chapter 3; |
(d) | continuous professional development, as set out in Chapter 4; |
(e) | operational ability, as set out in Chapter 5; and |
(f) | financial soundness, as set out in Chapter 6. |
(2) | To qualify for authorisation, approval or appointment as an FSP, key individual or representative a person must comply with the fit and proper requirements to the extent applicable to FSPs, key individuals and representatives in the relevant categories. |