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					                                5
                              MODULE

         FAIS
    LEARNING GUIDE

Inter-Bank Compliance Training Project
Sponsored by BANKSETA




              Facilitators
                     guide
B A N K S E T A          S p o n s o r e d           P r o j e c t
                                                                           Non-compliance
                                                                                 Module 5

                             MODULE 5 LESSON 5.1

Lesson 5.1           Non- Compliance.


Preparation          Prepare the following for this lesson:
                      Slide of the L/Os
                      Slide of the responsibilities of the compliance function
                      Slide of the description of non-compliance
                      Slide presentation on the consequences of non-compliance
                      Flashcards of the powers of the registrar and the Courts for Non-
                        compliance.


Introduction         Introduce this topic as follows:
                      Review the three ways in which industry players can react to
                         regulations
                      Show the L/Os:
                         1. Describe the responsibilities of the compliance function
                         2. Describe non-compliance
                         3. Specify the consequences of non-compliance
                         4. Outline the powers of the Registrar and the court in relation to
                            non-compliance.




                                                                                     Page 2
Facilitators guide        Developed by Gray Training 011 472 3516                 Jan 2004
B A N K S E T A          S p o n s o r e d             P r o j e c t
                                                                          Non-compliance
                                                                                Module 5

                                LESSON 5.1 L/O #1

L/O #1               Describe the responsibilities of the compliance function.


Introduction         Introduce the TOPIC as follows:
                      Show the L/O.



Compliance              Show slide of the requirements
requirements            Debate the intention of these responsibilities and the effect they
                         will have on the organisation.




                                LESSON 5.1 L/O #2

L/O #2               Describe Non-compliance.


Introduction         Introduce the TOPIC as follows:
                      Show the L/O.



Describe Non-           Show the slide
compliance              Discuss the meaning of non-compliance.




                                                                                    Page 3
Facilitators guide         Developed by Gray Training 011 472 3516               Jan 2004
B A N K S E T A          S p o n s o r e d             P r o j e c t
                                                                        Non-compliance
                                                                              Module 5

                                LESSON 5.1 L/O #3

L/O #3               Specify the consequences of non-compliance.


Introduction         Introduce the TOPIC as follows:
                      Show the L/O.


Consequences         Choose one of these options:

                     Option 1
                      Divide learners into two groups
                      Run a debate on the topic: The consequences of non-compliance
                       are excessive
                      Debrief this exercise carefully, ensuring that learners understand
                       the intent of FAIS.
                     Option 2
                      Work through the slide presentation on consequences
                      Discuss the implications of each point.


Activity 1            Run this activity as a class activity
                      Develop a flipchart of contributions.




                                                                                  Page 4
Facilitators guide        Developed by Gray Training 011 472 3516              Jan 2004
B A N K S E T A          S p o n s o r e d              P r o j e c t
                                                                             Non-compliance
                                                                                   Module 5

                                LESSON 5.1 L/O #4

L/O #4               Outline the powers of the Registrar and the court in relation to
                     non-compliance.


Introduction         Introduce the lesson as follows:
                      Show the L/O.


Non-Compliance:      Choose one of these options:
Powers of the
Registrar and the
Courts               Option 1:
                      Use the flashcards to develop a visual display of this important
                       content.
                     Option 2:
                      Mix up the „If” and “Then” cards
                      Hand them to the learners to sort and match.



Activity 2           Use the activity as an individual consolidation for this lesson.




                                                                                          Page 5
Facilitators guide         Developed by Gray Training 011 472 3516                      Jan 2004
B A N K S E T A          S p o n s o r e d           P r o j e c t
                                                                          Non-compliance
                                                                                Module 5

                                     LESSON 5.2

Lesson 5.2           The Compliance Officer.



Preparation          Prepare the following for this lesson:
                      Slide of the L/Os
                      Slide of the reasons for having a CO
                      Slide of the responsibilities of the CO.



Introduction         Introduce this lesson as follows:
                     Show L/Os:
                     1. Describe why it is necessary to have a CO
                     2. Outline the approval criteria and responsibilities of COs
                     3. Generate a brief discussion on the general role of the CO in the
                         banking environment.




                                LESSON 5.2 L/O #1

L/O #1               Describe why it is necessary to have a CO.


Introduction         Show the slide of the L/O.



Why appoint a        Discuss in class using the following questions as a prompt:
CO?
                      Who is appointed as a CO in our bank?


Responsibilities     Show slide.
                      Discuss these responsibilities in line with the FAIS requirements
                        for compliance.




                                                                                     Page 6
Facilitators guide        Developed by Gray Training 011 472 3516                  Jan 2004
B A N K S E T A          S p o n s o r e d          P r o j e c t
                                                                       Non-compliance
                                                                             Module 5

                               LESSON 5.2 L/O #2

L/O #2               Outline the approval criteria and responsibilities of Compliance
                     officers.


Introduction            Show the L/O.



Approval Criteria    General discussion on the topic::
                     What qualities or characteristics do you think a CO must have to be
                     approved as a CO?
                      Capture the points that emerge on flipchart
                      Then direct learners to learning guide to pick up any points that
                        they may have missed.


Responsibilities      Show slide detailing the CO responsibilities.




                                                                                 Page 7
Facilitators guide        Developed by Gray Training 011 472 3516             Jan 2004
B A N K S E T A          S p o n s o r e d            P r o j e c t
                                                                             Non-compliance
                                                                                   Module 5

                                     LESSON 5.3

Lesson 5.3           The Compliance Report.



Preparation          Prepare the following for this lesson:
                      Slide of the L/Os
                      Slide of the requirements of the compliance report
                      Slide of the mortar between the bricks diagram.


Introduction         Introduce this lesson as follows:
                     Show L/Os:
                     1. Identify the requirements relating to the compliance report
                     2. List other legislation that works hand in hand with FAIS.

                     Briefly review the relevance of this lesson to the learners.




                                LESSON 5.3 L/O #1

L/O #1               Identify the requirements relating to the compliance report.



Introduction         Introduce the lesson as follows:
                      Show L/O
                      Place the lesson into the context of FAIS.


Compliance              Show slide of these requirements
Report: Form and
                        Discuss each point briskly.
Manner




                                                                                      Page 8
Facilitators guide         Developed by Gray Training 011 472 3516                  Jan 2004
B A N K S E T A          S p o n s o r e d           P r o j e c t
                                                                           Non-compliance
                                                                                 Module 5

                                LESSON 5.3 L/O #2

L/O #2               List other relevant legislation that works hand in hand with FAIS.



Other key               Show slide of „The mortar between the bricks‟
legislation             Use this slide to provoke a discussion around the network of
                         legislation that protects consumers, financial institutions and the
                         country.



Consolidation        Summarise key points briefly.




                                                                                     Page 9
Facilitators guide         Developed by Gray Training 011 472 3516                Jan 2004

				
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