CII Certificate in Regulated Financial Services Operations
What is the purpose of this Certificate?
The level 3 Certificate in Regulated Financial Services Operations is aimed at those working in both operational and technical support roles, offering product-specific learning.
Those already holding the Award in Financial Administration or Certificate in Investment Operations will require just one further unit to complete this qualification.
If you are a CII member, you can use the designation Cert CII (FS).
What do I need to do to achieve this Certificate?
To achieve the CII Certificate in Regulated Financial Services Operations you need to pass:
- You can either go the general route:
- CF1 UK financial services, regulation and ethics or
- R01 Financial services, regulation and ethics PLUS two units from
- FA1 Life office administration
- FA2 Pensions administration
- FA5 Individual savings account administration
CII Certificate in Regulated Financial Services Operations
| Criteria | Details |
|---|---|
| Available units: | CF1 UK financial services, regulation and ethics R01 Financial services, regulation and ethics FA1 Life office administration FA2 Pensions administration FA5 Individual savings account administration |
| Credits required for qualification: | 35 |
| Level: | 3 |
CF1 UK financial services, regulation and ethics
| Criteria | Details |
|---|---|
| Credits | 15 - Certificate |
| Exam Format | Online, 2 hours |
| Number of Questions | 100 multiple choice questions (MCQs) |
| Nominal Pass Mark | 70% |
| Current Pass Rate | 60% |
R01 Financial services, regulation and ethics
| Criteria | Details |
|---|---|
| Credits | 20 - Diploma |
| Exam Format | Online, 2 hours |
| Number of Questions | 100 multiple choice questions (MCQs) |
| Nominal Pass Mark | 65% |
| Current Pass Rate | 64% |
FA1 Life office administration
| Criteria | Details |
|---|---|
| Credits | 10 - Certificate |
| Exam Format | Online, 1 hour |
| Number of Questions | 50 multiple choice questions (MCQs) |
| Nominal Pass Mark | 70% |
| Current Pass Rate | 67% |
FA2 Pensions administration
| Criteria | Details |
|---|---|
| Credits | 10 - Certificate |
| Exam Format | Online, 1 hour |
| Number of Questions | 50 multiple choice questions (MCQs) |
| Nominal Pass Mark | 70% |
| Current Pass Rate | 55% |
FA5 Individual savings account administration
| Criteria | Details |
|---|---|
| Credits | 10 - Certificate |
| Exam Format | Online, 1 hour |
| Number of Questions | 50 multiple choice questions (MCQs) |
| Nominal Pass Mark | 70% |
| Current Pass Rate | 84% |