The National Credit Act No 34 of 2005 was passed by Parliament on the 10th of March 2006. It is designed to achieve a number of objectives, most of which are to benefit and protect the consumer. The aim is to introduce a single, functional system of regulation that will apply to all credit activities, thereby ensuring that all credit providers and credit consumers are treated equally.
The National Credit Act No 34 of 2005 was passed by Parliament on the 10th of March 2006. It is designed to achieve a number of objectives, most of which are to benefit and protect the consumer. The aim is to introduce a single, functional system of regulation that will apply to all credit activities, thereby ensuring that all credit providers and credit consumers are treated equally.
The FICA Awareness Training is aimed at employees of accountable institutions and covers basic money-laundering and terrorist financing concepts, anti-money-laundering legislation in South Africa, the risk-based approach, and looks at the requirements for customer due diligence, reporting of certain transactions and record-keeping requirements.
The CIMA Tuition aims to prepare students for CIMA’s Certificate in Business Accounting and the CIMA Professional Qualification. CIMA is the world’s largest professional body of chartered global management accountants, and offer the most relevant accounting qualifications for a career in business and finance.
The FFM course covers basic mathematical concepts and the application of these concepts in the financial planning environment. The course aims to address the maths concepts that students often have a problem with when they enrol for an NQF5 or NQF6 qualification in financial planning.
