The examination data as at 30 June 2011 indicated that only 11% of candidates who are requiredto write the examination have in fact sat for the examination. Accordingly the Registrar has decidedto extend the deadlines for the level 1 regulatory examinations as follows:

Level 1 Regulatory Examination

New deadline

Deadline for rewrite

RE1 (key individual for category I, II, IIA, III and IV)

30 June 2012

30 September 2012

RE3 (key individual for Category II and IIA)

30 September 2012

31 December 2012

RE4 (Key Individual for Category III)

30 September 2012

31 December 2012

RE5 (Representatives of Categories I, II, IIA, III and IV excluding Representatives for sub-category 1.1 and 1.19

30 June 2012

30 September 2012

* The deadline for the RE2 level 1 regulatory examination for sole proprietors and key individuals forsubcategories 1.1 and 1.19 is 31 December 2013. Representatives for sub-categories 1.1 and 1.19 are notrequired to write the level 1 regulatory examination.

The Registrar has also decided to extend the deadline, as detailed in the table above, for those persons who wrote the examination but who were not successful. Despite the above concession, affected person are urged not to delay their enrolment for the examination as this will result in candidates being placed under unnecessary time constraints and ultimately being unable to write the examination on a preferred date and at a preferred venue due to examination sessions being fully booked.

FAIS CIRCULAR – Regulatory Examinations – 12 July 2011

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