Course Details
- Course Code: UKVC19FSA
- Location: Online
- Duration: 0.75 hours
- Cost: £49.00
- Qualification: All modern browsers and devices
Further Details
- Course Access: 12 months
- Exams Included: Yes
- Compatibility: All major devices and browsers
Approved Course:
The Financial Services and Markets Act
Finance is key to economic development. It provides an investment basis and supports the flow of income and expenses. A country’s financial sector transforms its economic savings into investments. An efficient financial sector does not just accomplish that, but also encourages savings and increased investment.
Eventually, it results in increased income levels, and faster economic growth of the country. The financial sector also provides money and methods of payments to support the exchange of economic goods and services. However, financial regulation is key to the efficient functioning of the financial sector.
Financial regulation comes in to offer varied benefits to both consumers and players in the industry. This course covers the Financial Services and Markets Act (FSMA) in the United Kingdom. It is a key regulator of the UK financial sector.
First, we give extensive details about the Act. The course explains what it is and the varied functions it plays in the UK’s financial sector. It further explains the different regulatory bodies that work under the Financial Services and Markets Act, including subordinate legislation. Next, it states the various regulated financial activities in the UK under the financial framework. Finally, it concludes with a few benefits of regulating a financial services market.
You Will Lean:
- What the Financial Services and Markets Act is and what it does
- The key roles and functions of the FSMA
- The regulatory bodies working under the Financial Services and Markets Act
- The benefits of regulating the financial services sector
- The varied functions of the FCA, PRA and FPC
Benefits of This Course
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Taking this Course Will Help You:
- Understand the role of financial regulators
- Understand the different aspects of the financial services sector that the Act affects
- Understand the Financial Services and Markets Act and its role in the UK’s financial services sector
- Learn the various bodies or regimes involved in financial regulation
- Learn the importance of financial regulation
- Gain basic knowledge of industry regulation before entering the financial sector to start a business
Course Modules/Lessons
Example Certificate
FAQ's
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Who can take the Financial Services and Markets Act Certificate course?
Anyone who has an interest in learning more about this subject matter is encouraged to take the course. There are no entry requirements to take the course. -
What is the structure of the course?
The course is broken down into 1 individual modules. Each module takes between 20 and 90 minutes on average to study. Although you are free to spend as much or as little time as you feel necessary on each module, simply log in and out of the course at your convenience. -
Where / when can I study the course?
You can study the course any time you like. Simply log in and out of the web based course as often as you require. The course is compatible with all computers, tablet devices and smart phones so you can even study while on the move! -
Is there a test at the end of the course?
Once you have completed all 1 modules there is a multiple choice test. The questions will be on a range of topics found within the 1 modules. The test, like the course, is online and can be taken a time and location of your choosing. -
What is the pass mark for the final test?
The pass mark for the test is 70%. -
What happens if I fail the test?
If you don’t pass the test first time you will get further opportunities to take the test again after extra study. There are no limits to the number of times you can take the test. All test retakes are included within the price of the course. -
When will I receive my certificate?
Once you have completed your test you can log in to your account and download/print your certificate any time you need it. If you would prefer us to post you a certificate to a UK address, there will be an admin charge of £10 (certificates sent internationally may cost more). -
How can I pay?
You can either use your Visa, MasterCard, American Express, Solo cards or PayPal account to pay for the online course. Our site uses the latest SSL encryption to ensure your safety. All payments are handled securely by PayPal. -
How long after payment can I begin the course?
You can begin the course immediately after your payment has been received. You will create your login details during the checkout process. We will also send you an email confirming your login details. -
How long does it take to complete the Financial Services and Markets Act Certificate course?
We estimate that the course will take about 0.75 hours to complete in total, plus an additional 30 minutes for the end of course test. -
How long is my certificate valid for?
Once you have been awarded your certificate it is valid for life. The certificate does not expire or need renewing.