FSCA & Regulatory Compliance
The FSCA Deadlines module in AtlasOS provides comprehensive tracking for all regulatory obligations facing financial advisory practices in South Africa. It replaces the standard Compliance Calendar with pre-loaded templates for FSCA and FPI requirements.
FSCA Licence Renewals
Every financial services provider (FSP) must maintain a valid licence with the FSCA. AtlasOS tracks:
- Annual licence renewal — due date, submission status, and payment confirmation
- Licence category changes — if you add or remove categories of advice (e.g. Category I, II, IIA, III, IV)
- Key individual notifications — changes to key individuals must be reported within specified timeframes
Set up licence renewal tracking when onboarding your practice. AtlasOS alerts you 60, 30, and 7 days before the renewal deadline.
CPD Tracking
Continuing Professional Development is mandatory for all representatives and key individuals. AtlasOS tracks:
- CPD hours accrued — log hours against approved activities (conferences, courses, self-study)
- Category requirements — ensure the correct split between ethics, technical, and general CPD hours
- Submission deadlines — track when CPD declarations are due to the FSCA and/or FPI
- Evidence storage — attach certificates and attendance records to CPD entries
Access CPD tracking from FSCA Deadlines > CPD Register.
FPI Membership Requirements
For CFP designation holders, FPI membership carries additional obligations:
| Obligation | Frequency | AtlasOS Tracking |
|---|---|---|
| Membership renewal | Annual | Deadline alert with payment tracking |
| CPD declaration | Annual | Linked to CPD register |
| Ethics declaration | Annual | Reminder with submission template |
| Professional indemnity | Annual | Insurance renewal tracking |
FAIS Record-Keeping
The Financial Advisory and Intermediary Services Act requires detailed record-keeping of all advice provided to clients. AtlasOS supports:
- Advice records — log each advisory interaction with the client, including the nature of the advice, products discussed, and suitability assessment
- Risk profile records — store and version client risk profiles with dates of completion
- Product disclosures — record what was disclosed to the client, including fees, conflicts of interest, and product risks
- Needs analysis — document the client's financial needs and objectives as assessed during the advisory process
All FAIS records are stored against the relevant client entity and are accessible from the client detail view.
Compliance Templates
AtlasOS includes pre-built compliance templates for financial advisory practices:
| Template | Body | Frequency |
|---|---|---|
| FSP licence renewal | FSCA | Annual |
| CPD submission | FSCA / FPI | Annual |
| Annual regulatory return | FSCA | Annual |
| Fit and proper declaration | FSCA | On change |
| FPI membership renewal | FPI | Annual |
| Ethics declaration | FPI | Annual |
| Professional indemnity renewal | FSCA / FPI | Annual |
Creating Custom Templates
If your practice has additional compliance obligations (e.g. FICA reporting, Tax Practitioner registration):
- Go to FSCA Deadlines > Templates
- Click New Template
- Define the obligation name, regulatory body, frequency, lead time, and assigned person
- The template generates obligations automatically according to the defined schedule
Calendar View
The compliance calendar shows all upcoming regulatory deadlines in a single view. Filter by:
- Compliance body (FSCA, FPI, or custom)
- Deadline type (licence, CPD, reporting, membership)
- Assigned person
- Urgency (overdue, due this week, due this month)
Regulatory deadlines carry severe consequences if missed — including licence suspension and FSCA enforcement action. Configure alert notifications for all responsible team members and key individuals.