This course is approved for 2.5 CPD by the FPI. FPI24089950
Course Outcomes: 
Understand the Financial Advisory and Intermediary Services (FAIS) Act and FSCA regulations.
Learn the General Solvency Requirement and its importance.
Comprehend the Working Capital Requirement and best practices.
Grasp the Liquidity Requirement and its compliance measures.
Understand recent regulatory changes regarding subordinated loans and annual financial statements.
Identify early warning mechanisms and their importance.
Know the ongoing monitoring requirements and exemption application process.
Differentiate financial soundness requirements for Category 1 and Category 2 FSPs.
Understand the components and importance of monthly management accounts and annual financial statements.
Recognize the roles of executive management, key individuals, and external auditors in maintaining financial soundness.
Learn about Form 1 and its significance in regulatory assessment.
Prepare for compliance and strategic planning through financial reporting and monitoring.