Going back into the City

[Faceman78]

Hi there, after a bit of advice please.

First done my exams (regs and securities) back in 2002, got FSA approved person status to work as a private client broker until i left the City in 2008.

Got a little frustrated with the business of clients losing money, so thought i would try another career, long story short, bored of that, and have been offered a job back at a broking firm in the City.

My question is this, how long after i was last FSA regd as an approved person can i wait before i have to do exams again?

It also seems the exam structure has totally changed from when i took them 8 years ago.

Thank you for the help.

 

[Faceman78]

anybody?

 

[RPEX]

I guess it would depend on when the last firm took you off the register (or if the FSA does). I remember that with the current exams, if you are not in an approved person role within someting like 18 months of taking them then they are useless. I might be lying about that 18 months, maybe its 12. But maybe it's different if you took a different set of exams. Clear as mud, i know. Call the FSA or CISI, they normally get back to your emails in like a week.

 

[anley]

Got a little frustrated with the business of clients losing money

Bet your firm did ok

 

[anley]

2 years is probably slightly too long but as the other poster suggests call the FSA.

 

[Faceman78]

yup have done, they said it's down to the discretion of the new firm.

once you have passed the exams, that is it for the FSA.