Regulation, regulation, and more regulation!
The R01 syllabus isn’t the most scintillating. It’s not easy to get excited about regulation, legislation and ethics!
The CII R01 paper requires candidates to have a broad understanding of the regulation, legislation, and Code of Ethics for the financial services industry.
It is this breadth of understanding (of not the most interesting of subjects!) that can make it a tricky paper to crack.
Many candidates start their study of the R01 using the examining body study text which is a rather dry read. The CII book is a technical manual with lots of text on the regulation, legislation and ethical requirements for the sector. This can be pretty heavy going, especially for candidates studying alone, as many do with R01.
What many R01 candidates don’t realise is that they don’t have to use a CII package. It is possible to book the exam stand-alone or ‘assessment only’, though this will be the last option on the CII webpage! Candidates can then choose study materials from other training providers, like BTS. Choosing study materials that suit how you like to learn will be invaluable in helping you to pass the R01 exam.