ASIC makes licensees responsible as it releases 2023 exam dates
The Australian Securities and Investments Commission (ASIC) has told financial advice licensees that it is their responsibility to apply for exam eligibility numbers for their new financial advisers.
ASIC has released the dates for the 2023 sittings of the financial adviser exam and has stipulated that new or foreign financial advisers will need to have their eligibility to sit the exam assessed by ASIC before they can actually make a booking.
“If ASIC determines that you are eligible to sit the exam, you will be issued with an exam eligibility number which you must use to book for the exam,” ASIC said.
“To make sure new financial advisers are issued an exam eligibility number in time to book for an exam, their AFS licensee should apply for an exam eligibility number through the ASIC Regulatory Portal no later than 15 days before the last day of the booking period for an exam.”
It said the first exam sitting of 2023 would be held on 16 February 2023. Enrolments for the February Cycle 20 sitting will be open from 10 January 2023 and close on 30 January 2023.
All exams are delivered by remote proctoring.
Financial adviser exams 2023
The dates for 2023 exam sittings are as follows:
| Exam Sitting 20 | Exam Date |
| February, 2023 | Thursday 16/2 |
| Enrolments for Sitting 20 open on 10 January and close on 30 January 2023 | |
| Exam Sitting 21 | Exam Date |
| May, 2023 | Thursday 11/5 |
| Enrolments for Sitting 21 open on 3 April and close on 21 April 2023 | |
| Exam Sitting 22 | Exam Date |
| August, 2023 | Thursday 10/8 |
| Enrolments for Sitting 22 open on 3 July and close on 21 July 2023 | |
| Exam Sitting 23 | Exam Date |
| November, 2023 | Thursday 9/11 |
| Enrolments for Sitting 23 open on 2 October and close on 20 October 2023 | |
That’s ALWAYS been the process Mike!