Practice paper · FRE2 · LIBF

CeMAP FRE2 · Paper C

Full-length FRE2 practice paper (40 marks): 25 standalone MCQs plus three case studies of five linked questions each. Covers regulatory principles and the advice framework (including MAR, AML, data protection, FSCS, charging, cancellation, vulnerability, monitoring and due diligence), ethical behaviour (theories, applied ethics, whistleblowing), and case themes on the advice-process chain (communication through recommendations), complaint-to-FOS journey with unfair contract terms and Consumer Duty/TCF, and CPD with professional ethics codes. Timed at 60 minutes with a 70% pass mark.

Questions

40

Sections

5

Pass mark

70%

Time

60 minutes

Independent practice. Not an official LIBF exam. This sitting is part of a paid pack. Every qualification has a free paper you can sit without buying. Flag a question to jump back to it before you submit. Questions are grouped by topic. Answering one scrolls you to the next in the section.