M5 - Rules And Regulations For Financial Advisory Services
For Whom
Those intending to provide any of the following financial advisory services are required to pass this module, together with the relevant product knowledge and analysis modules, in compliance with the requirements as laid down by the Monetary Authority of Singapore (MAS).
Objective
To ensure potential financial advisers / representatives possess the requisite knowledge of the regulatory framework, including the laws and regulations, and associated codes, notices, practice notes and guidelines governing the capital markets and life insurance intermediaries in Singapore.
Contents
Chapter 1 - The Regulatory Bodies and Associations
Chapter 2 - Financial Advisers Act And Financial Advisers Regulations – Financial Advisers And Representatives
Chapter 3 - Financial Advisers Act And Financial Advisers Regulations - Conduct of Business, Powers Of Authority And Offences
Chapter 4 - MAS Notices – Part I [Notice Nos:FAA-N01; FAA-N03 & FAA-N11]
Chapter 5 - MAS Notices – Part II [Notice Nos:FAA-N02; FAA-N10; FAA-N12; FAA-N13; FAA-N14 & FAA-N15]
Chapter 6 - MAS Notice No: FAA-N06 – Prevention Of Money Laundering And Countering The Financing Of Terrorism – Financial Advisers
Chapter 7 - MAS Notice Nos: MAS 302 And MAS 307
Chapter 8 - MAS Guidelines – Part I [Guideline Nos: FAA-G01; FSG-G01; FAA-G04; FAA-G05; FAA-G06 & FAA-G07] And Circular No: CMI 01/2011
Chapter 9 - MAS Guidelines – Part II [Guideline Nos: FAA-G08; FAA-G09; FAA-G10 & FAA-G11]
Chapter 10 - Revised Code On Collective Investment Schemes
Chapter 11 - Central Provident Fund (CPF)
Chapter 12 - Needs Analysis
Structure & Format
100 multiple-choice questions.
Duration
2 hours.
Minimum Passing Grade & Result Slip
75%
One mark will be awarded for each correct answer. No mark will be awarded or deducted for any wrong or blank answer.
No certificate will be issued. Only Result Slip will be issued.
Those intending to provide any of the following financial advisory services are required to pass this module, together with the relevant product knowledge and analysis modules, in compliance with the requirements as laid down by the Monetary Authority of Singapore (MAS).
- 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.
Objective
To ensure potential financial advisers / representatives possess the requisite knowledge of the regulatory framework, including the laws and regulations, and associated codes, notices, practice notes and guidelines governing the capital markets and life insurance intermediaries in Singapore.
Contents
Chapter 1 - The Regulatory Bodies and Associations
Chapter 2 - Financial Advisers Act And Financial Advisers Regulations – Financial Advisers And Representatives
Chapter 3 - Financial Advisers Act And Financial Advisers Regulations - Conduct of Business, Powers Of Authority And Offences
Chapter 4 - MAS Notices – Part I [Notice Nos:FAA-N01; FAA-N03 & FAA-N11]
Chapter 5 - MAS Notices – Part II [Notice Nos:FAA-N02; FAA-N10; FAA-N12; FAA-N13; FAA-N14 & FAA-N15]
Chapter 6 - MAS Notice No: FAA-N06 – Prevention Of Money Laundering And Countering The Financing Of Terrorism – Financial Advisers
Chapter 7 - MAS Notice Nos: MAS 302 And MAS 307
Chapter 8 - MAS Guidelines – Part I [Guideline Nos: FAA-G01; FSG-G01; FAA-G04; FAA-G05; FAA-G06 & FAA-G07] And Circular No: CMI 01/2011
Chapter 9 - MAS Guidelines – Part II [Guideline Nos: FAA-G08; FAA-G09; FAA-G10 & FAA-G11]
Chapter 10 - Revised Code On Collective Investment Schemes
Chapter 11 - Central Provident Fund (CPF)
Chapter 12 - Needs Analysis
Structure & Format
100 multiple-choice questions.
Duration
2 hours.
Minimum Passing Grade & Result Slip
75%
One mark will be awarded for each correct answer. No mark will be awarded or deducted for any wrong or blank answer.
No certificate will be issued. Only Result Slip will be issued.
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