Understanding Regulatory Examinations
What is re5 certification – All Representatives, consisting of those employed or mandated by an FSP, who render a monetary service to a client (leaving out an individual rendering clerical, technical, administrative, legal, accounting or other service in a subsidiary or secondary capability which does not need judgment or does not lead to a particular transaction in regard of a monetary item in reaction to basic queries) are required to write this evaluation.
Distinction Between RE1 and RE5
Difference in between RE1 and RE5 – RE1 is a general assessment that applies to all crucial people and sole proprietors in all the Categories. This evaluation includes 80 questions. All sole owners and key people who are accountable for handling and overseeing a service connecting to the rendering monetary services for FSPs in Category I, II, IIA, III and IV are needed to compose this examination.
RE5 is all Representatives, including those utilized or mandated by an FSP, who render a monetary service to a client (leaving out a person rendering clerical, technical, administrative, legal, accounting or other service in a subsidiary or subordinate capability which does not need judgment or does not cause a specific deal in regard of a financial product in response to general enquiries) are required to write this examination.
Regulatory Examination – It is accepted worldwide practice and requirement to set professional evaluations for occupations. The FAIS regulative examinations are, for that reason, not unique.
RE5 certificate – There are daily requests for copies of results, or RE1 certificates and RE5 certificates from candidates who mislaid theirs. You can download these from the site of the company where you composed the exams.
RE1 Exams Study Material
RE1 exams study product – The Inseta site went through a facelift, and students wishing to download the preparation material for the regulative exams may experience some difficulty in finding it.