All You Wanted to Know About CISI Financial Regulation Exam

Chartered Institute for Securities and Investment is a professional organization that works in the finance and investment sector. The institution is majorly responsible for setting standards for ethics and code of conduct for the businesses in the financial sector. They also provide professional courses for various job roles in the respective sector. These courses and tests are taken up by more than 40000 students worldwide, in more than 70 countries. The list of exams includes wealth management, introduction to securities and Investment, portfolio construction theory in wealth management, regulation and compliance, Global Security Operations, financial regulation Exam and CISI IOC (Advance Global Securities Operations).

CISI Financial Regulation exam is required by all analysts and financial professionals who indulge in regulated activities. The course offers comprehensive knowledge of the financial service sector, along with the global view of investments and financial markets. The examination helps and prepares a student to gain knowledge regarding the regulatory environment, financial market act 2002, and financial market act 2012, associated regulation and legislation, FCA business sourcebook/client assets, and complaints and redress. This is a computer-based exam that is available on-demand, and the results are provided immediately. CISI Financial Regulation exam offers a comprehensive understanding of the field of financial service with a concentration on global investments and financial markets. It is the third stepping stone in CISI's qualification. The examination will check a student's knowledge regarding the regulatory environment, financial market act 2000 and 2012, associated legislation and regulation, and FCA Conduct of Business(client assets). According to CISI statistics, only 81% of hardworking individuals are able to crack it.

Details About the Exam

The computer-based exam has multiple choice based questions, consisting of 75 questions. The time allotted is 1 hour and 30 minutes. According to CISI boards, the courses require at least 90 hours of focused studying to crack the CISI Financial Regulation exam. According to CISI, the exam might also contain 10% additional queries.

Passing Criteria

The current CISI statistics claim that only 19% of students fail to crack this exam while the other 81% can crack it easily. The passing marks required is 70%. You need to score more than 68 to pass with merit(68 to 75), to pass you need more than 52(52-67), marginal fail means you score less than 51(45-51) and if you score lower than 44, you fail to crack the exam.

Re-Examination

CISI offers a maximum of 6 attempts at a single exam within a year.

Syllabus for CISI Financial Regulation Exam

Course content includes - Regulatory Environment, Financial Services and Market Act 2000, and Financial Services Act 2012, Associated Regulation and Legislation, FCA Conduct of Business(Sourcebook//Client assets), Complaints and Redress. Official Workbooks and revision tools are available online for students. Students can also seek help from institutes that help prepare for CISI.