FSCA focused
Specialist support aligned with FAIS fit-and-proper requirements.
FAIS management & oversight
Key Individual Services
Strong leadership. Regulatory confidence.
RCC places approved Key Individuals into FSPs, capacitates them for the management and oversight the role demands, and trains them to remain fit and proper.
Discuss your KI requirementsEnd-to-end support
From readiness and approval to ongoing compliance monitoring.
Licence protection
Keep approved KI coverage visible across every authorised category.
Risk reduction
Identify gaps early and strengthen management accountability.
Our Key Individual services
Placement. Capacitation. Training.
Three services cover the Key Individual function end to end: placing approved Key Individuals into your business, capacitating them for the oversight duties the role carries, and training them to stay fit and proper.
FAIS s.8(4)(b)
Key Individual Placement
Approved, experienced Key Individuals placed into your FSP, giving every authorised category the accountable management and oversight the licence requires.
Get supportBN 194 of 2017
Key Individual Capacitation
Structured capacitation that equips new and existing Key Individuals with the frameworks, registers and oversight routines the role demands in practice.
Get supportRE1 · CPD
Key Individual Training
Training across FAIS management and oversight duties, regulatory examination preparation and the annual CPD required to remain fit and proper.
Get supportFit & proper standards
Five pillars. One ongoing standard.
Section 6A of the FAIS Act and BN 194 of 2017 set the standard a Key Individual must meet before approval and continue to meet thereafter.
- 01
Honesty, integrity & good standing
Evidence of trustworthy conduct, good character and the absence of disqualifying criminal, regulatory or debarment outcomes.
- 02
Competence
Relevant practical management experience, a recognised qualification and the applicable Key Individual regulatory examination.
- 03
Operational ability
Capacity to manage and oversee the FSP effectively, including credible time and resource allocation where a KI serves more than one entity.
- 04
Financial soundness
The Key Individual may not be an unrehabilitated insolvent or subject to current insolvency or sequestration proceedings.
- 05
Continuous professional development
Annual CPD must remain current and evidenced, with the required hours determined by the scope of the approved business activities.
Licensing & ongoing obligations
KI coverage is licence-critical.
A juristic FSP acts through natural persons. The Key Individual is the direct management and governance link between the FSP, its representatives and the FSCA. If that link is lost, the licence may be exposed.
FAIS s.8
A licensing condition
The FSCA must be satisfied that every proposed Key Individual meets the fit-and-proper requirements before an FSP licence can be granted.
FAIS s.8(4)(b)
Approval comes first
A new appointment, replacement or relevant change in circumstances must be formally submitted to and approved by the FSCA.
FAIS s.8A
Compliance is continuous
The FSP and its Key Individuals must remain fit and proper at all times. Approval is the start of the obligation, not its conclusion.
FAIS s.9
Coverage protects the licence
If approved KI coverage is lost and not replaced, the FSP may no longer meet its licence conditions, exposing it to suspension or withdrawal.
How we work with you
From readiness to continuity.
- 01
Assess
Map the role, licence categories and current fit-and-proper evidence.
- 02
Prepare
Close readiness gaps and compile the required application evidence.
- 03
Submit
Lodge the application and manage FSCA communication and follow-up.
- 04
Maintain
Monitor ongoing compliance, CPD, competence and licence coverage.
Your Key Individual. Our priority.
Put approved, accountable management behind every authorised activity.