FRE1: Industry, Regulation and Key Parties
448 questionsFRE1 is the first unit of CeMAP Module 1, covering the structure of UK financial markets, the role of government and taxation, legal principles underpinning financial advice, and the regulatory framework including the FCA and PRA. This unit has 50 multiple-choice questions in the exam and is available to practise completely free on GoCeMAP.
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Topics
- Structure of UK Financial Markets
- Role of Government and Taxation
- Legal Principles Underpinning Financial Advice
- Development of UK Financial Regulation
- Responsibilities of the PRA
- Role and Powers of the FCA
- Overview of Key Financial Products
- The Role of Financial Institutions
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Frequently Asked Questions
How many questions are in the FRE1 exam?
The FRE1 exam consists of 50 multiple-choice questions. You need to score 70% (35 out of 50) to pass.
Is FRE1 free to practise on GoCeMAP?
Yes — all FRE1 practice questions on GoCeMAP are completely free. No credit card or subscription required.
What is the pass mark for FRE1?
You need to achieve 70% to pass FRE1, which means getting at least 35 out of 50 questions correct.