Your Place
in the Profession
Your career in financial markets continues to evolve long after your qualification is earned. SAIS membership supports your progression through recognised designations, continuous professional development (CPD) and access to guidance on the issues shaping the industry. It gives members a clear way to demonstrate their professional standing, keep their expertise current and progress with confidence throughout their careers.
For many financial market professionals, CPD is a requirement of the Financial Sector Conduct Authority (FSCA). SAIS CPD records may also be used for FSCA reporting, provided they meet the relevant criteria.
Member Benefits
Continuous Professional Development
Continuous Professional Development (CPD) is your investment in maintaining professional excellence throughout your career. In a rapidly evolving financial markets environment, where regulations, technology, products and global market dynamics are constantly changing, ongoing learning is essential to remain competent, relevant and effective. Beyond meeting professional requirements, a commitment to CPD demonstrates accountability, enhances credibility with employers, clients and peers and reinforces public confidence in the profession.
SAIS recognises that valuable learning takes place through a wide range of providers and activities, allowing members the flexibility to source their own CPD that meets the SAIS requirements while conveniently recording and maintaining their CPD records through the SAIS membership system. It is through continuous learning that professionals not only advance their own careers but also contribute to raising standards across the financial markets industry.
For many financial market professionals, CPD is a requirement of the Financial Sector Conduct Authority (FSCA). SAIS CPD records may also be used for FSCA reporting, provided they meet the relevant criteria.
Member Benefits
Thought Leadership
SAIS plays an active role in the conversations that shape South Africa’s financial markets. Through industry fora, regulatory engagement and policy input, SAIS contributes practical insight on the issues affecting the profession. By working with regulators, exchanges, legislators and industry stakeholders, SAIS helps ensure the profession has a voice in the decisions that influence its future.
Professional Designations
The SAIS offers seven professional designations, representing a broad spectrum of roles in the financial markets:
CSb(SA)
Certified Stockbroker (SA) Associate
CSb(SA)
Certified Stockbroker (SA) Affiliate
CFMP(SA)
Certified Financial Markets Practitioner (SA)
CFMP-G(SA)
Certified Financial Markets Professional (SA) General™
CFMP-T(SA)
Certified Financial Markets Professional (SA) Trading™
CFMP-S&A(SA)
Certified Financial Markets Professional (SA) Settlement and Administration™
CFMP-C(SA)
Certified Financial Markets Professional (SA) Compliance™
CFMP-PIM(SA)
Certified Financial Markets Professional (SA) Portfolio and Investment Management™
Certified Stockbroker (SA) Associate
In order to become a Certified Stockbroker Associate and hold the designation CSb(SA)-Associate all of the Professional Stockbroker Exams and practical experience in the financial markets is required. Peruse the requirements in our Education Policy.
Become a Member
Certified Stockbroker (SA) Affiliate
In order to become a Certified Stockbroker Affiliate and hold the designation CSb(SA)-Affiliate all of the Professional Stockbroker Exams must be completed. Affiliate is used for individuals that complete the theoretical part of the qualification but who have not yet met the relevant, prescribed practical work experience requirements. Peruse the requirements in our Education Policy.
Become a Member
Certified Financial Markets Practitioner (SA)
Once the Occupational Certificate: Financial Markets Practitioner has been obtained, successful candidates are eligible to apply for the designation CFMP(SA)-Certified Financial Markets Professional (SA), awarded by the SAIS.
Become a MemberDesignation Levels
Each designation is assigned a level: Affiliate or Associate.
Affiliate
Completed the theoretical requirements only.
Associate
Completed both theoretical and prescribed practical experience.
Compliant members are considered “Members in Good Standing” and marked as “Active.”
Both levels enjoy the full benefits of SAIS membership and are expected to:
Adhere to the SAIS Code of Conduct
Meet CPD requirements and report activities
Pay annual membership fees
Membership Categories
Candidate Stockbroker
Registered to write SAIS Professional Stockbroker Examinations (PSE) leading to a designation.
EISA Candidate
Registered to write the External Integrated Summative Assessment (EISA) for the Financial Markets Practitioner (FMP) qualification.
Active
Fully compliant and paid-up member.
Resigned
Officially withdrawn. No longer holds designation but may reapply without penalty.
Lapsed
In arrears with fees. Reinstatement incurs penalties and late fees.
Suspended
Under investigation or non-compliant with CPD.
Terminated
Membership revoked following disciplinary procedures.
Retired
No longer active in markets but retains designation. Reduced fees apply. CPD optional.
Honorary
Conferred by SAIS Council for exceptional service (e.g., past Presidents, 50-year members).
If an individual has not been a SAIS member for more than three years, a new application must be submitted and will be assessed against current criteria.
Corporate Membership
Unlock exclusive benefits and shape the future of the financial markets by signing up for a Corporate Membership with the South African Institute of Stockbrokers (SAIS).
Our tailored memberships ensure that both top-tier and smaller brokers can participate equally, fostering a more inclusive financial ecosystem.
Influence Regulatory Change
Corporate members gain privileged access to SAIS comment papers submitted to regulators. This unique opportunity allows your organization to actively participate in shaping the financial markets landscape for the benefit of all participants and the public.
Leadership Opportunities
Secure a voice on the SAIS Council with reserved seats for Corporate Members (limited number of Corporate Member seats). Follow our standard governance procedures to take up these influential positions and drive industry advancements.
Professional Development Perks
Enjoy a set number of CPD activity approvals, with preferential rates for additional approvals once the initial quota is met. Corporate Members also receive significant discounts on most SAIS training programs.