RE D-Day after 31 March 2013

Monday 15 April was D-Day for those who failed to pass the regulatory exams by the deadline date. An FSP is obliged to advise the FSB of those affected by this, be it key individuals, reps or a sole proprietor.

The Financial Intermediary Association (FIA) sent a comprehensive letter to its members, outlining what needs to be done. We recommend that you study this document to ensure that you keep on the right side of the Regulator.

Please click here to download a copy of the FIA document.

Please make sure that you also follow all the other requirements associated with this process, as outlined in previous articles. For instance, an affected individual is not allowed to provide financial advice or intermediary services, and his or her clients should be advised accordingly, if debarred.

Our exam centres are still very busy. Those who did not pass by the deadline are trying again, and many new entrants are in the process of writing to fit in with the expected new time frame of two years after appointment. We also have a substantial number of enquiries from non-industry people who regard the level I RE as an excellent addition to their CVs.

Please remember the ten working day requirement for booking. Below are links to our exam schedules and registration page.

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