FSRE Course – Financial Services, Regulation and Ethics
Financial Services, Regulation and Ethics (FSRE) is the first module of both the CeMAP and DiPFA qualifications.
FSRE provides the regulatory and ethical foundation for further study and develops an understanding of three key areas:
- Financial Services – financial markets, financial products, providers and the role and responsibilities of regulated firms and advisers.
- Regulation – the UK regulatory framework, including the roles of the FCA and PRA and the regulatory requirements applying to financial services.
- Ethics – professional and ethical standards, including the principles and behaviours expected when dealing with clients.
What Does FSRE Cover?
The FSRE syllabus includes:
- Financial institutions and the services they provide
- The structure of the UK financial services industry
- Financial markets and economic influences
- The main components of the financial system
- Financial planning products
- Legal concepts relevant to financial services
- Financial services regulation
- The role of the Financial Conduct Authority (FCA)
- The relationship between regulation and legislation
- Meeting the financial needs of customers
- Ethical and professional behaviour
- Essential skills required when dealing with clients
FSRE Assessment
FSRE consists of two mandatory units:
- FRE1 – Industry, Regulation and Key Parties
- FRE2 – Skills, Principles and Ethical Behaviours
Each unit is assessed by a one-hour examination consisting of:
- 25 standalone multiple-choice questions
- 3 case studies with 5 linked multiple-choice questions each
- 40 marks available per unit
- 70% pass mark for each unit
Both units must be passed to complete FSRE.
Clarity FT FSRE 5-Day Course
Our 5-day FSRE course (9.30am to 5pm) provides structured tutor-led training covering the complete FSRE syllabus.
The course is designed to simplify technical subjects and help students understand how different areas of financial services, regulation and ethics connect.
Throughout the five days, we use explanations, examples, calculations and practice questions to reinforce your knowledge and develop your exam technique.
What’s Included in Our FSRE Course?
Depending on your chosen study option, your training can include:
- 5 days of structured tutor-led training
- Clarity FT presentation materials
- Summary tables and revision resources
- Whiteboards and diagrams to help visualise complex topics
- Worked calculations and examples
- Explanations of financial markets and how they interrelate
- Practice and exam-style questions
- Testing throughout the course
- Mock examination practice
- Online study tools
- Tutor support by email
- Relevant distance learning access for classroom and live webinar students
- Access to Mock-Quiz-Expert
Mock-Quiz-Expert contains over 5,000 multiple-choice questions and case studies across our qualifications, helping students test their knowledge and identify areas requiring further revision.
Qualifying classroom and live webinar courses are also covered by our Pass Guarantee, subject to our Terms and Conditions.
FSRE for CeMAP and DiPFA
FSRE forms part of both qualification routes:
CeMAP – FSRE provides the financial services, regulatory and ethical foundation before progressing to the mortgage-specific CeMAP modules.
DiPFA – FSRE is the first module of the Level 4 Diploma for Financial Advisers before progressing to Taxation, Investments, Protection, Retirement Planning and Financial Advice Coursework.
Study FSRE with Clarity FT
Clarity Financial Training Ltd is an LIBF Accredited Learning Support Provider.
FSRE training is available through classroom, live tutor-led webinar and distance learning, allowing you to choose the study method that best suits you.
