FAIS Compliance Toolkit 2026 — The Working Professional's Guide, Flash Cards & 50-Question Practice Simulator

Passing RE5 was the entry ticket. Working under FAIS every day is the actual job — and that's what this toolkit is for.

The FAIS Compliance Toolkit is the desk-side companion for people already working in financial services: representatives who want the rules at their fingertips, key individuals overseeing teams, and FSPs that need every staff member sharp on the framework they're licensed under.

What's inside — one interactive file, three tools:

📘 Ten chapters covering the working FAIS landscape:

• The regulatory architecture: Twin Peaks, the FSCA, the Financial Services Tribunal
• Key individuals, representatives, registers, mandates, and supervision
• Fit and proper as a continuous obligation — the five BN 194 components, the real CPD bands (6/12/18 hours by breadth, 1 June–31 May cycle), and what happens when someone falls short
• The General Code of Conduct in working detail: disclosures, suitability, records of advice, conflicts, churning and replacement rules
• The Ombud — the R3.5 million limit, the six-weeks/six-months complaint path, and the 3-years-from-awareness time limit that catches FSPs off guard
• FSCA supervision, debarment step by step, and enforcement
• Seven practical case studies — the missing record of advice, the debarred rep who reapplies elsewhere, the volume-override conflict, the CPD shortfall — plus a true/false exam drill

🃏 40 Flash Cards and 📝 a 50-question practice simulator — timed or practice mode with instant explanations, per-topic results, unlimited retakes.

Why this toolkit:

• ✅ Current to 2026, checked against primary sources — the R3.5m Ombud limit, the real CPD structure, the actual debarment timelines (5 days to notify, 15 for grounds)
• ✅ Case-study driven — because the job tests you in scenarios, and so do regulators
• ✅ Honest scope: this is working knowledge and practice support. Preparing for RE5 or RE1 specifically? Our dedicated exam packs are built for exactly that — this toolkit is what you keep open after you pass.

Who it's for: Working representatives and key individuals, FSP compliance officers, practice managers onboarding new staff — and FSPs that want a team-wide refresher that reflects the law as it stands.

Sovereignty by Char (Pty) Ltd is an independent publisher, not affiliated with the FSCA, the Ombud for Financial Services Providers, or any examination body. Education, not advice.