UK candidate context
UKFR is the dedicated UK regulatory unit, so revision should stay anchored to the current FCA and PRA framework and the Version 33 testing window. Check current UK booking options in MyCISI and use pounds only for ExamsPrep UK course purchases; official CISI examination fees are separate.
- Questions
- 75
- Time
- 90 minutes
- Pass mark
- 70%
- Average pace
- 1.2 min/question
- Study range
- approximately 80 hours
- Primary challenge
- UK regulatory detail
How to use this mini test
- Set a timer based on the average pace shown above.
- Choose one answer before opening the explanation.
- For every error, write the rule or calculation step you missed.
- Retest the same concept with a different question after 24 hours.
Five free UKFR practice questions
Which UK regulator is primarily responsible for prudential supervision of banks and insurers?
- The Financial Ombudsman Service
- The Prudential Regulation Authority
- The Financial Services Compensation Scheme
- The Competition and Markets Authority
Show answer and explanation
Answer: B. The Prudential Regulation Authority
The PRA is responsible for the prudential regulation and supervision of banks, building societies, credit unions, insurers and major investment firms.
Which test asks whether a personal recommendation is appropriate for a retail client's circumstances and objectives?
- Suitability
- Best execution
- Client categorisation
- Financial promotion approval
Show answer and explanation
Answer: A. Suitability
Suitability applies to personal recommendations and requires the firm to consider the client's objectives, financial situation, knowledge and experience.
What is the main purpose of the FCA client-assets rules?
- To guarantee investment returns
- To separate and safeguard client money and custody assets
- To remove market risk
- To replace firm capital requirements
Show answer and explanation
Answer: B. To separate and safeguard client money and custody assets
The client-assets regime is designed to keep client money and custody assets identifiable and protected, particularly if a firm fails.
Which report may be required when a firm knows or suspects money laundering?
- A suitability report
- A suspicious activity report
- A contract note
- A key information document
Show answer and explanation
Answer: B. A suspicious activity report
A suspicious activity report is made through the firm's reporting process when knowledge or suspicion of money laundering arises.
Which body provides an independent route for eligible consumers to pursue unresolved complaints against financial firms?
- The PRA
- The Financial Ombudsman Service
- The Bank of England
- The Takeover Panel
Show answer and explanation
Answer: B. The Financial Ombudsman Service
The Financial Ombudsman Service can consider eligible unresolved complaints after the firm's complaints process has been followed.
What your score means
| Score | Interpretation | Next move |
|---|---|---|
| 5/5 | Strong on this small sample | Take a timed mixed mock |
| 3–4/5 | Useful base with identifiable gaps | Drill the missed topics |
| 0–2/5 | Concept recall is not secure yet | Return to the relevant workbook objectives |
Five questions cannot predict a 75-question result. They are a diagnostic, not a pass guarantee.
Continue with the real demo engine
The free course demo uses the same maintained course data and exam interface as the full platform. You can practise under timed conditions, submit the paper and review explanations without creating a duplicate question bank on this article.
Open the free UKFR mockSources and editorial method
Exam structure and chapter labels were checked against the Official CISI candidate updates for UK Financial Regulation. Candidates should also review the CISI Candidate Update before sitting the exam because workbook amendments and testing windows can change.
Our editorial team begins with the current syllabus and official candidate information, then separates verified exam facts from ExamsPrep UK study guidance. We use original examples rather than recalled or copied examination questions. Before an article is published, its key facts, internal links, visible FAQs and structured data are checked together so search summaries do not contradict the page. We also check that every recommended action is specific enough for a candidate to use in a real study session. When an official source changes, we update the affected fact without rewriting unrelated advice or changing a stable URL unnecessarily. Readers can use the source links above to verify the current position for their own booking and syllabus version.
Last fact-check: 4 August 2026. UK exam fees, test-centre or remote-delivery availability and booking policies can change; the live MyCISI flow is the final source of truth.
Frequently asked questions
Are these UKFR questions free?
Yes. The five questions and explanations on this page are free, and the linked course demo provides a larger timed sample in the shared ExamsPrep UK engine.
Are these official CISI questions?
No. They are original syllabus-aligned practice questions. CISI does not endorse or provide these questions, and they should be used alongside the current official material.
How many questions are in the real UKFR exam?
The real exam has 75 multiple-choice questions in 90 minutes, with a 70% pass mark.
How many practice questions should I complete?
There is no magic count. Continue until unseen full-mock scores are consistently 80% or higher and no chapter remains below 70%.