Full-length mock papers
RE5 papers of 50 questions and RE1 papers of 80, at foundation, exam-standard and stretch levels, with new papers as they publish.
RE1 & RE5 exam preparation · by Compliance Factory
Walk into your regulatory exam already knowing the paper.
Full-length mock exams set on the FSCA qualifying criteria, timed to the real clock, with every answer explained down to the section of the Act. Built by the compliance officers who work with these rules every day.
- 20-question free diagnostic per exam
- Practice and timed modes
- Source references on every answer
Set on the qualifying criteriaEvery question maps to a criterion in the FSCA preparation guide — nothing off-syllabus.
Timed to the real clockSit the full paper under exam conditions, or practise untimed with instant feedback.
Explained to the sectionEach answer cites the Act, Code or Notice it comes from, so you learn the rule, not the trick.
Written by practitionersReviewed by the compliance officers at Lebon Consulting, who apply these rules for FSPs every day.
How it works
From first sign-in to exam-ready, in four steps.
- 1
Create your account
Register with your email address and verify it. Takes a minute; no card needed.
- 2
Write the free diagnostic
A 20-question paper for your exam shows where you stand, topic by topic, before you commit to anything.
- 3
Choose a package
Pick the package for your exam and unlock every paper for 90 days.
- 4
Practise until it’s routine
Every mock paper, timed and untimed, with the study coach on hand and your readiness tracked per topic.
Inside the studio
Everything between you and the pass mark.
Short topic sets
Ten-, twenty- and thirty-question sets to drill one area — FAIS, FICA, the General Code — when you have half an hour.
Practice and timed modes
Untimed with feedback after each question, or the real clock and the real pass mark. Resume where you left off.
Answers with their source
After every paper: why the right option is right, why yours wasn’t, and the section it comes from.
Readiness by topic
Best, last and average scores per exam, and a readiness bar for every topic area so you know what to revise next.
Study coach
Ask anything about the legislation in plain language and get an answer grounded in the Acts, Codes and Notices themselves.
Who it’s for
Representatives and key individuals, each with their own paper.
Representatives · RE5
Newly appointed under supervision, or approaching the two-year deadline? RE5 tests the FAIS Act, the General Code of Conduct, FICA and the representative’s own duties. Our RE5 papers cover all five topic areas in the FSCA’s own proportions.
See the RE5 papersKey Individuals · RE1
Responsible for managing and overseeing the business? RE1 adds the KI’s oversight duties, fit-and-proper requirements, complaints and the compliance function across six topic areas. Longer paper, higher stakes.
See the RE1 papersAbout Compliance Factory
Exam preparation from the people who build compliance software for FSPs.
Compliance Factory is the compliance platform used by compliance practices and financial services providers across South Africa — licensing, monitoring, fit-and-proper registers, FICA and regulatory training. The practitioners behind it, at Lebon Consulting, apply the FAIS Act, the General Code and FICA for FSPs every day and review every paper here, so what you practise is what the regulator actually examines.
Ready when you are
Start with the free diagnostic today.
Create your account, write 20 questions for your exam and see exactly where you stand. Then unlock every paper.