Unit Standard No.12164Page 46
TASK SHEET 2.4
SELF REFLECTION and then GROUP DISCUSSION
Given the fact that FAIS is not institutional in nature but FUNCTIONAL, what are some of the institutions that you think may be subject to FAIS and why. Once you have jotted down your thoughts, discuss in your group and compare the type of organisations you have listed. Remember, in order for FAIS to apply to an organisation, it must either render an intermediary service, or render financial advice, or both.
INSMAT final materials31/10/03