CeMAP Training - United Kingdom

CeMAP Level 1, 2, and 3 Course Outline

Level 1: UK Financial Regulations

Unit 1: Introduction to Financial Services Environment and Products

Module 1: Introducing the Industry, Regulations, and Economics

• Introducing the Financial Services Industry
• Economic Policy and Financial Regulation

Module 2: Tax, HMRC and Benefits

• UK Taxation I
• UK Taxation II
• State Benefits and HMRC Tax Credits

Module 3: Investment    

• Direct Investments - Cash and Fixed Interest Securities
• Other Direct Investments
• Collective Investments

Module 4: Products, Wrappers, and Pensions

• Tax Wrappers
• Pensions

Module 5: Insurance and Assurance

• Life Assurance
• Health and General Insurance

Unit 2: UK Financial Services and Regulation

Module 6: Lending Types

• Secured and Unsecured Lending
  • Secure Lending
  • Repayment Mortgage
  • Flexible Mortgage
  • Commercial Loans
  • Unsecured Borrowing

Module 7: Customers, Concepts, and Advising

• Customer Needs
• Main Advice Areas
• Legal Concepts

Module 8: Regulations, Regulatory Entities, and Supervision

• FCA's Aim and Activities
• Regulating Firms and Individuals
• Prudential Supervision
• Conduct of Business Requirements I
• Conduct of Business Requirements II
• Consumer Credit
• Anti-Money Laundering
• Other Regulations Affecting the Advice Process
• Consumer Rights, Complaints, and Compensation

Level 2: Mortgages

Unit 3: Mortgage Law, Policy, Practice and Markets

Module 9: Introductions to Mortgages, Types of Repayment, and Clients

• Role of Mortgage Adviser
• Property and Mortgage Markets
• Types of Borrowers
• Schemes for Borrowers
• Mortgage Repayment Methods
• Other Mortgage Products
• Repayment Vehicles

Unit 4: Mortgage Applications

Module 10: Property Process and Regulations

• Mortgage Regulations
• Principles of Mortgage and Property Law
• Practical Aspects of Property and Mortgage Law
• Overview on Buying a Property
• Legal Aspects of Property Purchase

Module 11: Assessment of Suitability: Regulation and the Buying Process

• Financial Status
• Borrower's Credit Status
• Suitability and Eligibility

Module 12: Lending and Property

• Assessing the Property
• Valuations and Surveys 
• Factors Affecting Lending Decision

Unit 5: Mortgage Payment Methods and Products

Module 13: Financial Planning, Protection, and Advice

• Financial Protection and Planning
• Types of Financial Protection II
• Pure Protection
• Raising Additional Funds from Property

Unit 6: Mortgage Arrears and Post Completion Issues

Module 14: Post Mortgage Care

• Mortgage Transfer
• Arrears and Debt Management
• Lenders' Legal Rights and Remedies

Level 3: Assessment of Mortgage Advice Knowledge

Unit 7: ASSM

• Case Studies