Question: 1 . BrilliantPlan ( Pty ) Ltd ( BrilliantPlan ) is an authorised financial services provider ( FSP ) , in terms of the Financial

1. BrilliantPlan (Pty) Ltd (BrilliantPlan) is an authorised financial services provider (FSP), in terms of the Financial Advisory and Intermediary Services Act 37 of 2002(the FAIS Act), to provide Category I financial services (advice and intermediary services). Tony is appointed as a representative of BrilliantPlan. Which of the following statements is correct?
(i) BrilliantPlan is responsible for Tony's activities performed within the scope of his service contract, or mandate, with BrilliantPlan.
(ii) Tony recently completed product-specific training in respect to the participatory interests of a specific product supplier in hedge funds. The training certificate Tony received indicates that the training constitutes 5 continuous professional development (CPD) hours. Tony may count these hours towards meeting his minimum CPD hour requirements in terms of Board Notice 194 of 2017: Determination of Fit and Proper Requirements.
(iii) BrilliantPlan has appointed Tony as its representative in respect of various subcategories. Tony is not rendering services under supervision in respect of these subcategories. BrilliantPlan also appoints Tony to render services under supervision with respect to participatory interests in hedge funds. Since Tony is not rendering financial services under supervision for most of the subcategories for which he has been appointed, he does not need to disclose to clients that he is rendering financial services under supervision in respect of participatory interests in hedge funds.
(i)
(i) and (ii)
(i) and (iii)
(i),(ii) and (iii)
None of the above

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