Your single source of truth to pass the RE5 exam.
RE5 (Regulatory Examination 5) is the FSCA exam every South African financial-services representative must pass under FAIS. Study the full syllabus, prove it with exam-grade practice drawn from 1000 real-style RE5 questions, and track your progress in the cloud to pass first time.
RE5 Study Guide
Work through the full FAIS/RE5 syllabus with an interactive, guided study course.
Exam Practice
Test yourself against 1000 real-style RE5 questions with timed exams and untimed practice.
RE5 Blog & Tips
Study strategies, legislation breakdowns and exam-day advice to help you pass first time.
What is the RE5 exam?
The RE5 (Regulatory Examination 5) is the FSCA regulatory exam that every representative working under the Financial Advisory and Intermediary Services (FAIS) Act must pass. It is a closed-book exam of 50 multiple-choice questions with a two-hour time limit, and you need 65% to pass. Read the complete guide to what RE5 is for who needs it and how it fits with the other Regulatory Exams.
The syllabus covers the FAIS Act and its subordinate legislation, the General Code of Conduct, the duties of a representative and key individual, the role of the FSCA and the FAIS Ombud, complaints handling, record-keeping and the ethical standards expected of financial-services professionals in South Africa.
RegulatoryExams turns that syllabus into a step-by-step RE5 study guide and a bank of real-style practice exams so you can learn the material and prove you are ready before you sit the real thing.
Everything you need to pass the RE5
A complete RE5 preparation toolkit — study, practice and track — built specifically for FAIS representatives.
Guided RE5 study guide
Modules mapped to the official FSCA exam tasks — the FAIS Act, General Code of Conduct, FICA, ethics and the full regulatory framework — so you study exactly what is examined.
Real-style practice exams
Hundreds of exam-grade questions with full explanations, available as timed 50-question mock exams or untimed topic drills.
Cloud-synced progress
Your scores and history follow you across devices, so you always know which topics still need work before exam day.
Built for FAIS reps
Purpose-built for South African financial-services representatives preparing for the RE5 regulatory exam — no fluff, just what you need to pass.
Track and compete
Benchmark yourself on the leaderboard and watch your average climb as you work through the question bank.
Pass first time
Strategies, legislation breakdowns and exam-day advice from our blog combine with the question bank to get you exam-ready, fast.
Popular RE5 guides
All articlesYour First 90 Days as a Newly Authorised Representative
A practical roadmap for your first 90 days as a newly authorised financial services representative in South Africa. Covers supervision, the advice process, record-keeping, CPD, and building compliant habits that protect your career from day one.
Read moreThe Compliance Officer's Role in an FSP, Explained
What a compliance officer actually does at a South African FSP: monitoring and reporting duties, the FSCA relationship, and why RE5 tests this role.
Read moreRetirement Funds and Annuities: RE5 Guide
A clear guide to retirement funding products for RE5 candidates and financial advisors. Covers pension and provident funds, retirement annuities, preservation funds, the two-pot system, and living versus guaranteed annuities in the South African context.
Read moreHow to Answer Scenario-Based RE5 Questions
A technique for RE5 scenario questions, where most candidates lose marks: how to spot keywords, eliminate distractors, and pick the best answer.
Read moreFailed the RE5? How to Pass Your Resit
Failed the RE5 exam? Learn how to read your result, diagnose what went wrong, rebuild your study plan, and go into your resit with confidence.
Read moreSuitability of Advice: How to Document It (RE5)
What makes financial advice suitable under the FAIS General Code, how to document your rationale, and how suitability is tested in the RE5 exam.
Read moreFree RE5 resources
Start learning right now — no account needed.
RE5 Readiness Calculator
A 2-minute check that scores how ready you are and builds a personalised study plan.
OpenFree RE5 questions
Real-style RE5 questions with the correct answer and a full explanation for each.
OpenRE5 & FAIS glossary
Plain-English definitions of FSP, Key Individual, Fit and Proper, Debarment and more.
OpenCompare RE5 tools
See how RegulatoryExams stacks up against other RE5 study options.
OpenRE5 exam — frequently asked
What is the RE5 exam?
The RE5 (Regulatory Examination 5) is the FSCA regulatory exam that every representative operating under the Financial Advisory and Intermediary Services (FAIS) Act must pass. It tests your knowledge of the FAIS Act, the General Code of Conduct, the role of the FSCA and the FAIS Ombud, and the regulatory framework governing financial-services representatives in South Africa.
How many questions are in the RE5 exam and what is the pass mark?
The RE5 exam has 50 multiple-choice questions and you have 2 hours to complete it. You need to answer 65% correctly (33 out of 50) to pass. Our practice exams mirror this format so you walk in knowing exactly what to expect.
How should I study for the RE5 exam?
Work through the full FAIS syllabus with a structured study guide, then prove your knowledge with timed practice exams drawn from a real-style question bank. Reviewing detailed answer explanations for every question — especially the ones you get wrong — is the fastest way to close knowledge gaps and pass first time.
How long does it take to prepare for the RE5?
Most working professionals are ready in three to six weeks of consistent study. A focused 30-day plan that combines daily study-guide modules with regular mock exams is enough for the majority of candidates to pass on their first attempt.
Are the practice questions similar to the real RE5 exam?
Yes. Our question bank is written to match the style, difficulty and FSCA exam-task coverage of the real RE5 exam, with full explanations for every answer so you understand the legislation rather than just memorising it.
Can I try RegulatoryExams for free?
Yes. You can take a full free RE5 mock exam and start the first study-guide module at no cost. Create a free account to save your results and track your progress across every attempt.
Ready to pass the RE5?
Start with the guided study guide or jump straight into a free practice exam — your progress is saved automatically once you create a free account.