Guidance to be given on Sydney FASEA exam

The Financial Adviser Standards and Ethics Authority (FASEA) will communicate in the next couple of days as to what Sydney exam takers’ options will be regarding the July exam which could be impacted by the lockdown.

The exam would be due to be held on 15 to 20 July but there was a possibility that in-person exams would not be allowed as Sydney’s lockdown had been extended by another week until 16 July.

Speaking at a webinar hosted by the Association of Financial Advisers (AFA), Amelia Constantinidis, FASEA standards director, said: “Given the breaking news [on Wednesday] regarding the extension [of the Sydney lockdown], I’ve been working with our exam administration to work through what the options are for the advisers that are impacted.

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“Please make sure you stay close to your email as you will be emailed a number of options, hopefully by tomorrow or Friday at the very latest.

“We are on top of the situation trying to get as much advice as we can from the health experts in terms of what will be available and what we can and can’t do, and we will communicate it as soon as possible.”

During the Melbourne lockdowns last year, FASEA gave candidates the option to sit online or defer to a later sitting, although it was yet to be confirmed if that would be the case in this scenario.




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