FRE1 — Industry, Regulation and Key Parties
Welcome to Your CeMAP Course
The Three CeMAP Modules
CeMAP is awarded by the London Institute of Banking & Finance (LIBF) and consists of three modules, each with its own exam:
Module 1
Financial Services, Regulation & Ethics
Papers: FRE1 & FRE2
Module 2
Mortgages
Papers: MRT1 & MRT2
Module 3
Assessment of Mortgage Advice
Paper: ASEW / ASSC
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Course Content
Topic 1 - The Role and Structure of Financial Markets
Introduction
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The Role of Money
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Asset Classes
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Financial Markets
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The Main Markets
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Function & Operation of Financial Services
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Financial Crime
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Topic 2 - The Role of the Government
Managing the Economy
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Fiscal Policy
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Income Tax & National Insurance
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Capital Gains Tax
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Corporation & Inheritance Tax
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Stamp Duties & Property Transfer Tax
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Monetary Policy
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Inflation
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Interest Rates
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Regulation and Legislation
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EU Impact on UK Regulation
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Global Co-Operation
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Topic 3 - State Benefits and HMRC Tax Credits
State Benefits & Financial Planning
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