Compliance Training Crucial for Financial Institutions in South Africa
As the financial sector continues to evolve, regulatory compliance has become a top priority for institutions in South Africa. In response, the Compliance Practitioner (SA) designation has been established to ensure that professionals have the necessary knowledge and skills to navigate complex compliance requirements.
What is the CPrac (SA) Designation?
The CPrac (SA) designation is awarded to candidates who meet specific eligibility criteria, including holding a relevant qualification and having sufficient work experience in compliance-related roles. The designation is registered with the South African Qualifications Authority (SAQA), providing assurance of its quality and relevance.
Eligibility Criteria for the CPrac (SA) Designation
To be eligible for the designation, candidates must meet the following requirements:
- Hold a minimum qualification of Matric (NQF 4) or equivalent
- Have corresponding work experience requirements, with at least three years of experience necessary regardless of qualification level
Exam Dates and Registration
For those who meet the eligibility criteria, Compliance SA invites applications for the next exam date, scheduled for October 9, 2024. Registration opens on July 15, 2024, and closes on August 15, 2024, with a prep session mandatory for all applicants.
- Exam Date: October 9, 2024
- Registration Opens: July 15, 2024
- Registration Closes: August 15, 2024
Upcoming Exam and Registration Details
The following year’s exam is set for June 4, 2025, with applications closing on March 2, 2025.
- Exam Date: June 4, 2025
- Registration Closes: March 2, 2025
How to Pursue the CPrac (SA) Designation
Compliance professionals who wish to pursue the CPrac (SA) designation can contact Compliance SA at professionalism@compliancesa.com for further information and queries.
Please note that registration details may be subject to change, so it’s best to verify with Compliance SA directly for the most up-to-date information.