1. What is RE5?
RE5 Induction Day : 01 Oct 2025
1. What is RE5?
A: RE5 is the Regulatory Examination Level 5 for financial services practitioners in South Africa. Passing RE5 qualifies you to operate as a Representative under the FAIS Act, demonstrating that you understand financial products, compliance, and ethical responsibilities in the financial services industry.
2. How long is the RE5 exam?
A: The RE5 exam is 2 hours long and consists of multiple-choice questions. It tests your knowledge, comprehension, application, and analysis of the FAIS Act, financial products, and compliance requirements.
Pass Mark: 66% (at least 33 correct answers)Â
3. Is the RE5 exam written online?
A: No, you cannot write the RE5 exam online; it must be written in person at an authorized Moonstone exam venue across South Africa, though you can book and register for the exam online through the Moonstone website.
A: There are no formal educational requirements to register for the RE5 exam. However, having a background in financial services or related fields can help you grasp the material more quickly. Our training is designed to prepare learners at all levels.
A: We provide structured online classes via Teams, guided study material aligned with the latest Moonstone RE5 standards, practice exams, and continuous support to ensure you are fully prepared to pass the exam with confidence