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
- 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.
- 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.
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