Hi The majority of this question is still examinable. Question 1: For part (i), even though the syllabus is not UK specific anymore, you are still expected to appreciate the PRA and FCA responsibilities; these are provided as specific examples in the Regulatory environment chapter. And for part (ii), even though part vii transfer is not described specifically in detail, the general considerations on any transfer of business should be appreciated. The remaining parts of question one are all examinable. Question 2: The only part which is not examinable is the Retail Distribution Review (part i). For parts (ii) and (iii), testing IFRS, you need to make sure that you are happy with how the contracts would be treated under IFRS. UK GAAP is not explained in detail so you would not be expected to know this. The remaining parts are examinable. Hope this helps. Thanks Em
