SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD: 

Review, formulate and initiate exchange control policies and rules 
SAQA US ID UNIT STANDARD TITLE
7301  Review, formulate and initiate exchange control policies and rules 
ORIGINATOR
SGB Banking and Micro Finance 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
BANKSETA - Banking Sector Education and Training Authority 
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Finance, Economics and Accounting 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 5  Level TBA: Pre-2009 was L5  54 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Reregistered  2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
This unit standard is intended for people who identify and evaluate policy changes and provide recommendations. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
Candidates attempting this unit standard should be competent at a higher education management level. 

Specific Outcomes and Assessment Criteria: 

SPECIFIC OUTCOME 1 
Identify and evaluate policy change requirements. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. A trend in the nature of requests is correctly identified. 

ASSESSMENT CRITERION 2 
2. The trend is evaluated in terms of the economic indicators. 
ASSESSMENT CRITERION RANGE 
Includes but is not limited to inflation rates, exchange rates, interest rates, international and domestic norms.
 

ASSESSMENT CRITERION 3 
3. Relevant internal and external parties are consulted. 

ASSESSMENT CRITERION 4 
4. All deadline and budget requirements are complied with. 

SPECIFIC OUTCOME 2 
Provide recommendations. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. Recommendations as per the agreed formats are submitted to relevant parties. 

ASSESSMENT CRITERION 2 
2. The recommendations provide sufficient justification for changes to policy. 
ASSESSMENT CRITERION RANGE 
Includes but is not limited to positive and negative impacts.
 

ASSESSMENT CRITERION 3 
3. All recommendations are filed and easily accessible. 


UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
1. Anyone assessing a learner against this unit standard must be registered as an assessor with the relevant ETQA.
2. Any institution offering learning that will enable achievement of this unit standard or assessing this unit standard must be accredited as a provider with the relevant ETQA.
3. Moderation of assessment will be overseen by the relevant ETQA according to the moderation guidelines in the relevant qualification and the agreed ETQA procedures.

Therefore anyone wishing to be assessed against this unit standard may apply to be assessed by any assessment agency, assessor or provider institution which is accredited by the relevant ETQA. 

UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
Strategic business planning and applications.
The ability to conceptualise business processes.
Interpersonal Skills, Report Writing Skills, Communication Skills, Negotiation and Conflict Handling Skills. 


Critical Cross-field Outcomes (CCFO): 

UNIT STANDARD CCFO IDENTIFYING 
The learner is able to identify, evaluate and recommend policy changes. 

UNIT STANDARD CCFO COLLECTING 
The learner is able to collect, analyse trends in terms of economic indicators. 

UNIT STANDARD CCFO COMMUNICATING 
The learner able to communicate effectively when consults with internal and external parties. 

UNIT STANDARD CCFO DEMONSTRATING 
The learner is able to understand the relationship between exchange control guidelines and economic indicators and trends. 

REREGISTRATION HISTORY 
As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
  ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
Elective  61589   National Certificate: Banking  Level 5  Level TBA: Pre-2009 was L5  Reregistered  2021-06-30  As per Learning Programmes recorded against this Qual 


PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
 
1. Absa Learning & Development 
2. African Bank Ltd 
3. Chartall Business College 
4. Nedbank Ltd 
5. Plumb Line Risk Alignment 
6. The Facilitation Workshop 
7. The Institute of Literacy Advancement 



All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.