Introduction to CMFAS
The Capital Markets and Financial Advisory Services Examination (CMFAS Exam) is a modular examination structure effective since 1 December 2002 in accordance with the Notices issued by Monetary Authority of Singapore (MAS) under the SFA and FAA.
The CMFAS Exam comprises the following important Modules:
The CMFAS Exam comprises the following important Modules:
Rules & Regulations
Product Knowledge & Analysis
Candidates who wish to act as an appointed CMFAS representative are required to pass the applicable CMFAS examinations prior to lodgement of the notification to act as an appointed representative with MAS. For details, please refer to the relevant notice under SFA (SFA 04-N09) and FAA (FAA-N13).
Click here for more information on the Modules.
For more information on the CMFAS Examinations, please also refer to the:
SFA FAQs [Updated May 2012]
FAA FAQs [Updated May 2012]
The Institute of Banking & Finance (IBF) administers CMFAS Modules 1A, 1B, 2A, 2B, 3, 4A, 4B, 6, 6A and 10, while the Singapore College of Insurance (SCI) will administer CMFAS Modules 5, 8, 8A, 9 and 9A. For more information on the examinations administered by SCI, please refer to their website at http://www.scicollege.org.
Click here for more information on the Modules.
For more information on the CMFAS Examinations, please also refer to the:
SFA FAQs [Updated May 2012]
FAA FAQs [Updated May 2012]
The Institute of Banking & Finance (IBF) administers CMFAS Modules 1A, 1B, 2A, 2B, 3, 4A, 4B, 6, 6A and 10, while the Singapore College of Insurance (SCI) will administer CMFAS Modules 5, 8, 8A, 9 and 9A. For more information on the examinations administered by SCI, please refer to their website at http://www.scicollege.org.