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SKILLS DEVELOPMENT

 
  FAIS COMPLIANCE PROGRAMME
 
 
BACKGROUND AND INTRODUCTION

The purpose of this funding guidelines document is to establish the principles underlying the funding of training towards FAIS related qualifications: National Certificate in Banking, Level 4 and 5, SAQA ID Numbers 20185 and 20186. BANKSETA wishes to afford its registered employers who submitted Workplace Skills Planning documents by 30 April 2016 the opportunity to implement their training plans by applying for funding through this funding window. This funding window will allow organisations the flexibility to decide where, when and how to develop the FAIS related skills of their employees. The selected training may use any method of delivery including Recognition of Prior Learning and the Credit Accumulation Transfer Matrix Process. These funding guidelines will be effective from 25 July 2016 until 29 August 2016.
MINIMUM QUALIFYING CRITERIA
  • Employers (referred to as Applicants) must be registered with the BANKSETA for skills development purposes.
  • Only applicants whose Workplace Skills Plan (WSP) reports have already been submitted for the 2016/17 year may apply.
  • Only the following qualifications: National Certificate in Banking, Level 4 and 5, SAQA ID Numbers 20185 and 20186 will be funded.
  • Equity targets of 85% black, 54% female and 4% people with disabilities must be met.
  • Applicants must make use of Training Providers accredited for the selected qualification/s and must provide proof of such accreditation together with their application form.
SUBMISSION OF APPLICATIONS
  • All applications and supporting documents should be submitted by email to Sifiso Mnguni (sifisom@bankseta.org.za) on or before 29 august 2016.
  • Please confirm receipt in all instances to avoid any misunderstanding.
  • Applicants agree to provide information as required by BANKSETA for the purposes of reporting to the Department of Higher Education and Training and other statutory stakeholders. Applicants may be required to complete the information in a specific format and to submit supporting documents to the BANKSETA.

FAIS Compliance Application Form 2016 click here.
FAIS Compliance Guidelines 2016 click here.


 
 
 
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