Statutory Quick Answer (AEO Summary)
In South Africa, the official FSCA RE5 and RE1 regulatory exams are administered by Moonstone Information Refinery (`faisexam.co.za`) at a fee of R1,426 (incl. VAT) per sitting. On exam day, you MUST bring an original South African Green Barcoded ID book, Smart ID Card, or valid Passport—a South African Driver's Licence Card is strictly NOT accepted and you will forfeit your R1,426 fee if you arrive with only a driver's licence.
1. Moonstone RE5 & RE1 Registration & Exam-Day Rules
Every month, candidates forfeit their R1,426 booking fee at Moonstone exam centres due to administrative mistakes before they even see Question 1. Review this checklist carefully:
| Requirement | Official Moonstone Rule | Critical Warning |
|---|---|---|
| Exam Fee (2026) | R1,426.00 (incl. 15% VAT) per exam sitting (RE5 or RE1) | Booking is only confirmed once proof of payment reflects and you receive your official confirmation letter. |
| Accepted Identification | Original SA Smart ID Card, SA Green Barcoded ID Book, or Valid Unexpired Passport | A Driver's Licence Card or certified photocopy is NOT accepted! You will be turned away without a refund. |
| Arrival Time | Arrive at least 30 minutes before your scheduled session start time | Latecomers are barred from entering once the invigilator starts reading examination instructions. |
| Rescheduling / Postponement | Changes or cancellations must be made via the Moonstone portal at least 5 to 10 business days prior to the exam date | No-shows or late cancellations within 5 business days forfeit 100% of the R1,426 examination fee unless supported by a valid hospital/medical certificate. |
| Special Concessions | Extra time (e.g., for medical conditions or dyslexia) must be applied for with medical documentation prior to booking | Cannot be requested on the morning of the exam at the venue. |
2. Major Moonstone Exam Centres Across South Africa
Moonstone hosts computer-based and paper-based RE5 and RE1 sessions across all 9 South African provinces, including:
- Gauteng: Johannesburg (Randburg / Sandton / Midrand), Pretoria (Menlyn / Centurion), Vanderbijlpark, and East Rand.
- Western Cape: Bellville / Tygervalley (Moonstone Head Office hub), Cape Town CBD, George, and Worcester.
- KwaZulu-Natal: Durban (Umhlanga / Westville), Pietermaritzburg, Richards Bay, and Newcastle.
- Eastern Cape, Free State & Other Provinces: Gqeberha (Port Elizabeth), East London, Mthatha, Bloemfontein, Polokwane, Mbombela (Nelspruit), Rustenburg, Mahikeng, and Kimberley.
3. Your 7-Day Pre-Exam Readiness Checklist
- Days 7–5 (Pillar 1 & 8 — FAIS Framework & BN 194): Master FSP Categories I–IV, Section 13 Representative Register (15 days), Section 14 Debarment (5/15 days), CPD hours (6/12/18 hours, 1 June–31 May), and DOFA supervision rules (12m COB, 24m RE5).
- Days 4–3 (Pillar 2 — General Code of Conduct & Ombud): Drill the R1,000 immaterial financial interest cap, 10%/30% disclosures, 30-day Record of Advice, 1-business-day client bank account rule, and 6-week / 6-month FAIS Ombud rules.
- Day 2 (Pillar 3 — FICA & Record-Keeping): Lock in RMCP vs Internal Rules, CTR (R49,999.99 / 3 business days), STR (15 business days / zero minimum / no tipping off), and 5-year record retention (7-day retrieval).
- Day 1 (Full Timed Moonstone Simulation): Complete at least two full 50-question (RE5) or 80-question (RE1) timed mock exams on RE5 & RE1 Co-Pilot scoring consistently above 76%+ before exam morning.
4. Frequently Asked Questions (FAQs)
Can I use my South African driver's licence card as ID at a Moonstone RE5 exam venue?
No! Moonstone strictly prohibits using a South African driver's licence card or certified ID copy for exam admission. You must present an original South African Smart ID card, green barcoded ID book, or a valid unexpired passport.
How much does it cost to book the RE5 or RE1 exam at Moonstone in 2026?
The official Moonstone regulatory examination fee is R1,426 (inclusive of VAT) per examination sitting for either RE5 or RE1.
How long does it take to get my Moonstone RE5 exam results?
For computer-based testing (CBT) sessions at Moonstone, provisional results are typically available shortly after completion, with official FSCA-verified results and certificates released via your Moonstone profile within a few working days.
How many times may I rewrite the RE5 exam if I do not pass on the first attempt?
There is no cap on the number of times you may rewrite the RE5 or RE1 exam, provided a Representative working under supervision passes RE5 within their statutory 24-month DOFA supervision window (and pays the R1,426 booking fee for each rewrite).
