Bribery, Corruption, and Compliance Practices

• Learn the consequences of bribery and corruption and acknowledge the actions against it.
• Get awareness on laws and regulations of anti-bribery and corruption through clear examples so as to mitigate the risks involved in an organization.

Evidence of Treating Customers Fairly

The objective of the TCF initiative is to establish market conduct standards that prioritize the equitable results of financial services provided, rather than solely evaluating compliance of financial service providers and their representatives with all prescribed rules and regulations.The TCF initiative aims to regulate market conduct by basing it on the fair outcome of financial services rendered rather than just looking if financial services providers and their representatives adhere to all the rules and regulations laid down.

FIC for Non-Representatives

• Understand the basics of FIC 
• The new cash threshold amount
• Learn the consequences of money laundering and reporting time limes.
• Get awareness on laws and regulations of FIC through clear examples so as to mitigate the risks involved in an organization.

FICA

• Learn the consequences of money laundering and reporting time limes.
• Get awareness on laws and regulations of FIC through clear examples so as to mitigate the risks involved in an organization.

Financial Markets

The Financial Markets Act (Act no. 19 of 2012) provides for regulation of the financial markets in South Africa. The course provides a brief introduction to the Act and thereafter consider the requirements and responsibilities imposed on the role-players regulated in terms of the Act. The course concludes by considering the stipulations to prevent market abuse and insider trading.

Fraud

Fraud can be prevalent in the workplace and business; employees need to be well trained and vigilant to prevent fraudulent offences from occurring.

Introduction to Investments

By the end of this course you will be able to:

• Know the difference between savings and investments
• Different types of products
• What is risk insurance
• Who the role players are

Long Term Insurance - the basics

After studying the topic, the learner should be able to:

• Define a long-term insurance policy.
• Outline the general features of the different type of life risk policies and long-term investment policies.
• Define the different parties to a long-term insurance policy.
• Explain the principles underlying long-term insurance policies.
• Describe the fees and charges applicable to long-term insurance policies.
• Outline the general risks associated with long term insurance policies

Policy Protection Rules - Long Term

The course considers the policy holder protection rules (2017) issued in terms of the Long-term Insurance Act as amended by Government notice 997 of 28 September 2018.

The new rules also provide for micro insurance product standards to support the microinsurance regulatory framework as established by the Insurance Act 18 of 2017.

Supervision and what it entails

AT the end of the course, learners will understand the following:

• Board Notice 86 of 2018 stipulations regarding the conditions for which representatives may render services whilst working under supervision.

The Internet of Things in Insurance

LEARNING OUTCOMES After studying the topic, the learner should be able to

• Define the Internet of things.
• Describe how the Internet of Things has already and will likely impact insurance in the

Time Management

Time management training most often begins with setting goals. These goals are recorded and may be broken down into a project, an action plan, or a simple task list. Activities are then rated based on urgency and importance, priorities assigned, and deadlines set. This process results in a plan with a task list or calendar of activities. Routine and recurring tasks are often given less focus to free time to work on tasks that contribute to important goals.

Treating Customers Fairly

• Understanding the 6 outcomes
• Fair treatment of customers underpins the General Code of Conduct for financial services providers (FSPs) and Representatives. While the principles embodied within the outcomes may already form part of the culture of an FSP’s business, the demonstration of the outcomes may not yet be in place and changes to some business processes may be required, and in some cases new processes may need to be implemented. 

Understanding Crypto Currency

This course is an introduction to Cryptocurrency (or Crypto Currency) as an investment class. It will address the nature, fees and general risks associated with such investments, with a specific focus on identifying appropriate clients, or group of clients, to this alternative intangible investment class.

Understanding the National Credit Act

Purpose of the National Credit Act

The Act has three main purposes, in terms of section 3; to promote and advance social and economic welfare of South Africans; to promote a fair, transparent, competitive, sustainable, responsible, efficient, effective and accessible credit market and industry, and to protect consumer.

Understanding the process of debarment

Understand the obligation of the FSP to debar a representative or key individual.

·      Understand the meaning of debarment. 

·      Understand in which time frame debarment must be affected by the FSP.

·      Outline the process that must be followed by an FSP when debarring a representative.

·      Describe debarment by Financial Sector Conduct Authority (FSCA).

·      Describe what needs to be done when a person cannot be located.