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
- MAS FAA Notices
- 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.

Relevant Products

- 1074 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

CMFAS Academy has always been the first in the industry to update its material and content to align to any change or update in the official exam syllabus.

Certificate of Completion

CMFAS Certificate of Completion Sample

Get a Certificate of Completion for your learning efforts, even before you pass the exam! This is especially useful when you need to convince potential employers of your readiness for the job.

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Official Study Guide and Booking of Exam Date

CMFAS Academy is a private institution offering online e-learning programs to help candidates pass the exams. The official administrator of the exams are Institute of Banking & Finance (IBF) and Singapore College of Insurance.

Candidates who are unsure which exam to take should check with the compliance department of the company. To book for the exam, please register online through the official websies of IBF or SCI College.

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