Module 5 (M5) - Rules And Regulations For Financial Advisory Services
The Module 5 Exam applies all persons who wish to provide any of the following financial advisory services:
- Advise on securities and / or futures;
- Advise on and / or arrange life insurance (whether or not include investment-linked policies);
- Advise on and / or market of collective investment schemes.
Exam Syllabus (5th Edition)
- The Regulatory Bodies and Associations
- Financial Advisers Act And Financial Advisers Regulations - Financial Advisers And Representatives
- Financial Advisers Act And Financial Advisers Regulations - Conduct of Business, Powers Of Authority And Offence
- Notices and Circulars of MAS and FAA
- Prevention Of Money Laundering And Countering The Financing Of Terrorism - Financial Advisers
- MAS Guidelines
- Revised Code On Collective Investment Schemes
- Central Provident Fund (CPF)
- Needs Analysis
About the Exam
- 100 MCQs (computer-based)
- Duration: 2 hours
- Passing score: 75%
- Fee: $85.60 to $146.59, depending on member status, timing of exam and first/subsequent attempt
There are no exemptions for M5 because it is a Rules & Regulations examination.
- 1076 unique practice (mock exam) questions in all packages
- 14 Hrs of E-Learning tutorial video content offered in Success package or higher
A recommended study time of 68 Hrs is recommended to prepare for this exam.
Up to Date, Latest Edition
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Exam Prerequisites / Resitting
There is no prerequisite to take this exam. You may also retake it immediately and with no restriction as to the number of times you take it before you pass.
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