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CPD Accreditation detail

Professional Body: IOBSA

CPD hour allocation: CPD Hours (online learning): 3 CPD hours    

CPD registration number: IOB264

Course description:

In this course we examine the Conduct of Financial Institutions (COFI) Bill and what it means for financial advisors operating in the South African financial services environment. Advisors will gain an understanding of the purpose of the legislation, the regulatory philosophy behind COFI, and how the new framework will influence conduct standards, governance and customer outcomes.

The following topics will be covered in this course:

The purpose of the COFI Bill and its role within South Africa’s Twin Peaks regulatory framework

• The current status of the COFI Bill and expected implementation timelines
• The shift toward conduct-based regulation and the importance of Treating Customers Fairly
• The role of the Financial Sector Conduct Authority (FSCA) and its supervisory powers
• Conduct standards and expectations for financial institutions and advisors
• How COFI will influence the financial advice process and client engagement
• Product governance and target market considerations
• Managing conflicts of interest and transparency in commission-based advice
• Conduct risk management, governance and accountability
• Complaints handling and the focus on fair customer outcomes
• Preparing advisory practices for COFI implementation
• Practical scenarios demonstrating how COFI will influence everyday advice decisions

 By the end of this course, you will be equipped with the knowledge to understand the implications of the COFI Bill and to adapt your advice practices to meet the new conduct-based regulatory framework.

 

11 "CPD" ure Pakket

12 Hour CPD Package

18 Hour CPD Package