Responsible Executives Accreditation Exams (RE Exams)

The Responsible Executives Accreditation Exams are designed to assess knowledge of the rules governing the markets and clearing & settlement facilities operated by the Australian Securities and Investments Commission (ASIC), the ASX Group and competency in their application. There are 3 examinations.

This page contains:

 Go to Practice Exams

Who Should Book an RE Exam

Each of the three RE Exams are relevant to specific roles; please read the exam information below to best identify which exam is applicable to you. However, generally the RE exams are suitable for:

  • Responsible Executives of ASX Market Participants required to maintain compliance standards
  • Responsible Executives seeking broader roles.

Exam Information

Information specific to each exam is provided in this section.

To access the RE Exam you will need to log onto the My Kaplan section of the Kaplan website, you can use the login section at the top right hand side of the screen. If completing the exam in your office, ensure your computer has reliable internet access and Microsoft Internet Explorer 5.0 or higher. You will need to bring your student ID and relevant password to the exam, otherwise your exam cannot begin. These will be provided once your application has been processed.

  • Note: Photo identification is required for all Kaplan exams.

The RE Exam will be waiting under your profile on the internet. The exam can only be accessed once and requires your supervisor to enter a high level password to start the exam. If the exam security has been breached in any way, Kaplan reserves the right to cancel the exam immediately.

Your supervisor will have complete instructions on how to access the exam. However, you MUST remember your student ID and password.

Exam conditions must be maintained at all times throughout the RE Exam. No access to printers, mobiles, email or file saving is allowed during the exam.

1. The ASX Markets Responsible Executives Exam

PDF ASX RE Exam Syllabus

This examination covers the ASIC/ASX Market Integrity Rules and relevant sections of the Corporations Act. It is designed to assess knowledge of the rules governing the markets operated by ASIC/ASX and competency in their application.

This exam is beneficial to anyone who conducts business in or related to ASX’s markets. The exam will also assist those seeking a broader Responsible Executive role. This exam is mandatory for persons intending to be Responsible Executives for an ASX Participant’s market operations for the purpose of the ASIC/ASX Market Integrity Rules.

Exam content

The exam is broken down into 10 modules with 4 questions being asked in each module and 1 compulsory question (ie 41 questions in total).

Exam format

  • Online exam consisting of 41 questions
  • 1 hour duration
  • Multiple choice, closed book.

A minimum of 27 correct answers is required for successful completion.

2. The ASX Markets Responsible Executives Principal Trader only Exam

PDF ASX RE/PT Exam Syllabus

This examination covers the ASIC/ASX Market Integrity Rules and relevant sections of the Corporations Act affecting ASX Principal Trader only Participants. It is designed to assess knowledge of the rules governing the markets operated by the ASIC/ASX and competency in their application.

This exam is beneficial to anyone who conducts business related to ASX’s markets as Principal. The exam will also assist those seeking a broader Responsible Executive role. This exam is mandatory for persons intending to be Responsible Executives for an ASX Participant’s market operations for the purpose of the ASIC/ASX Market Integrity Rules where the Participant conducts only principal (ie no agency) business.

Exam format

  • Online exam consisting of 40 questions
  • 1 hour duration
  • Multiple choice, closed book.

A minimum of 27 correct answers is required for successful completion.

3. The ASX Clear (ACH) Clearing and Settlement Responsible Executives Exam

PDF ASX Clear (ACH) RE Exam Syllabus

This examination covers the ASX Clear (ACH) Clearing Rules and ASX Settlement (ASTC) Operating Rules and relevant sections of the Corporations Act. It is designed to assess knowledge of the rules governing the clearing and settlement facilities operated by ASX Clear (ACH) and ASX Settlement (ASTC) and competency in their application.

This exam is beneficial to anyone who conducts business related to clearing and settlement. The exam will also assist those seeking a broader Responsible Executive role. This exam is mandatory for persons intending to be Responsible Executives for an ACH Participant’s clearing and settlement operations for the purpose of the ACH Clearing Rules.

Exam content

The exam is broken down into 8 modules with 5 questions being asked in each module and 1 compulsory question (ie 41 questions in total).

Exam format

  • Online exam consisting of 41 questions
  • 1 hour duration
  • Multiple choice, closed book.

A minimum of 27 correct answers is required for successful completion.

How to Prepare for an RE Exam

Before attempting an RE exam, candidates should review the exam syllabus and read the relevant rules and sections of the Corporations Act, Corporations Regulations and ASIC Act.

The rules and sections can be accessed via the following websites:

 ASIC Market Integrity Rules
 ASX Market Operating Rules 
 ASX Clear Operating Rules
 ASX Settlement Operating Rules
 ASX Enforcement and Appeals Rulebook ASIC Class Orders
 Corporations Act
 Corporations Regulations
 ASIC Act

Continuing Professional Development (CPD)

Successful completion of the RE Exams may be counted towards CPD requirements.

Kaplan suggests allocating three hours of compliance based training, however licensees should make their own determination as to a relevant and appropriate amount of time.

Enrolment and Further Information

How to book an RE Exam

To book a Responsible Executive (RE) Exam or Exam Resit, candidates must complete the Exam booking form:

PDF Download the Responsible Executive Exam booking form

Study Information

Refer to the following links for further information, or visit Study Information:

 Practice Exams
 Forms for all ASX related forms
 Timetables and Dates for Kaplan Exam Office Times

Back to Top