CII R01 study plan

Map the structure of UK financial services regulation, distinguishing the roles of the FCA, PRA, and other key bodies.

Define the FCA's statutory objectives and explain how they shape day-to-day conduct requirements.

Identify the main types of regulated activity and the scope of the regulatory perimeter.

Explain the purpose and core mechanics of the Senior Managers and Certification Regime.

Create a glossary of at least 20 regulatory terms with accurate definitions in your own words.

Outline the FCA's approach to supervision and enforcement, including the types of enforcement action available.

Explain the role of the Financial Ombudsman Service and the Financial Services Compensation Scheme in consumer protection.

Describe the principles of the Consumer Duty and how they interact with existing conduct rules.

Summarise the anti-money laundering and financial crime obligations that apply to regulated firms.

Draft a short comparison of the FCA Handbook modules most relevant to retail advice.

Explain the main types of investment products available to retail clients and their risk characteristics.

Describe the structure and purpose of the main UK tax wrappers (ISAs, pensions, and investment bonds).

Outline how the FCA's product governance and disclosure rules affect product distribution.

Summarise the key features of the main asset classes and how they are traded.

Build a comparison table of at least five retail products across risk, tax treatment, and liquidity.

Explain how the main financial markets operate, including the roles of exchanges and market participants.

Describe the mechanics of collective investment schemes and how they are regulated.

Outline the advice process, including fact-finding, risk assessment, and suitability reporting.

Summarise the disclosure requirements that apply when advising on retail products.

Complete a timed practice set of 30 questions across regulation and products.

Define the core ethical principles that underpin professional conduct in financial services.

Explain how the FCA's conduct rules apply to individual behaviour and decision-making.

Analyse at least three case scenarios involving conflicts of interest and recommend appropriate actions.

Distinguish between ethical obligations and legal requirements in advice contexts.

Write a personal code of conduct that reflects the ethical standards expected of an adviser.

Explain the relationship between ethics, professional standards, and consumer outcomes.

Describe how firms should identify, manage, and disclose conflicts of interest.

Outline the whistleblowing framework and the protections available to individuals.

Apply ethical reasoning to at least two regulatory enforcement case summaries.

Review and refine your personal code of conduct based on feedback and further study.

Consolidate notes across all four domains into a single revision map.

Identify your three weakest topics from practice questions and re-study each one.

Complete a full-length mock exam under timed conditions.

Review every incorrect mock answer and record the underlying rule or principle.

Create flashcards for at least 40 key facts and definitions.

Re-test your three weakest topics with targeted question sets.

Recite the key regulatory bodies, their objectives, and their powers from memory.

Explain the main ethical principles and conduct rules without reference to notes.

Complete a second full-length mock exam and compare results with week 7.

Finalise a one-page exam-day summary sheet of formulas, thresholds, and key definitions.