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1 . Derek is the managing director of ExcelPlan ( Pty ) Ltd ( ExcelPlan ) , an authorised financial services provider ( FSP )
Derek is the managing director of ExcelPlan Pty Ltd ExcelPlan an authorised financial services provider FSP in terms of the Financial Advisory and Intermediary Services Act of the FAIS Act to provide Category I financial services advice and intermediary services which provides holistic financial planning services. Which of the following statements is correct? i Derek may authorise ExcelPlan's director of operations, Dumisani, to act as information officer. ii Assuming that Dumisani is acting as ExcelPlan's information officer, he must comply with the Protection of Personal Information Act of the Act iii ExcelPlan's compliance officer has a regulatory obligation to ensure that a compliance framework relating to the protection of personal information is developed, implemented, and maintained. ii i and ii ii and iii iii and iii None of the above
Derek is the managing director of ExcelPlan Pty Ltd ExcelPlan an authorised financial services provider FSP in terms of the Financial Advisory and Intermediary Services Act of the FAIS Act to provide Category I financial services advice and intermediary services which provides holistic financial planning services. Which of the following statements is correct?
i Derek may authorise ExcelPlan's director of operations, Dumisani, to act as information officer.
ii Assuming that Dumisani is acting as ExcelPlan's information officer, he must comply with the Protection of Personal Information Act of the Act
iii ExcelPlan's compliance officer has a regulatory obligation to ensure that a compliance framework relating to the protection of personal information is developed, implemented, and maintained.
ii
i and ii
ii and iii
iii and iii
None of the above
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