CPD The Amended Financial Sector Code for Broad-Based Black Economic Empowerment 21_22



COB Category: All Classes of Business

Accreditation valid until: 31 October 2022

CPD Points allocated: 7.5  hours | points on completion and pass of assessment

FPI Approval number: FPI20110018

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Time allotted for course

The course consists of 13 topics with an assessment that needs to be completed. The time allotted for each aspect is as follows:

Topic number Title Word count Level Time allotted
Topic 1 Broad Based Black Economic Empowerment 727 Intermediate 10 minutes
Topic 2 Key Aspects of the Amended Financial Sector Code 6022 Intermediate 55 minutes
Topic 3 General Framework for Measuring 3638 Intermediate 35 minutes
Topic 4 Measuring Ownership  10268 Intermediate 90 minutes
Topic 5 Measuring management control 1435 Intermediate 15 minutes
Topic 6 Measuring Skills Development 2140 Intermediate 20 minutes
Topic 7 Measuring procurement enterprise and supplier development 4552 Intermediate 40 minutes
Topic 8 Measuring Socioeconomic Development and Consumer education 1439 Intermediate 15 minutes
Topic 9 Measuring the empowerment financing and enterprise and supplier development element 4132 Intermediate 35 minutes
Topic 10 Measuring the access to financial services element 4150 Intermediate 35 minutes
Topic 11 Codes of good practice for QSFI’s 1415 Intermediate 15 minutes
Topic 12 Framework for measuring specialised enterprises 4909 Intermediate 45 minutes
Topic 13 Voluntary dispensation for top 100 retirement funds 963 Intermediate 10 minutes
Assessment 0 minutes


    Total time 7 hours

Assessment and certification

After completion of the workshop the learner must complete an electronic assessment on the electronic learning platform.

  • Form of assessment: Multiple Choice Questions
  • Number of questions: 20 questions
  • Duration: 60 minutes
  • Competency mark: 60%


Upon obtaining a competency mark of 60% the learner will receive a certificate of completion. The learner will be afforded an opportunity to re-do the workshop should a competency mark not be attained.