Career path
Corporate finance & markets: your exam route
You advise on deals or work in equity capital markets: M&A, IPOs, nomad or corporate broking, or company secretarial and governance. CFR covers the UK rules around those transactions.
Who this path is for
- Corporate finance and M&A executives
- Equity capital markets executives
- Nominated advisers and corporate brokers
- Company secretaries and governance professionals
- Compliance staff supporting deal teams
Your exams
Which order?
- CFR covers the regulatory environment, managing regulatory obligations (the heaviest chapter), corporate governance, takeovers and mergers, and equity capital markets. It's built on the UK's current prospectus regime, which changed on 16 January 2026.
Career paths are a guide, not a rule. Requirements vary by employer and regulator, so confirm what your own role needs before you book an exam.
Related guides
FAQ
Is this UK-specific?
Yes. CFR covers the UK framework: the FCA, the Takeover Panel and Code, the Listing Rules and the AIM Market.
Is the prospectus material current?
Yes. It follows the POATR and PRM regime that replaced the old Prospectus Regulation Rules on 16 January 2026.
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