CACS Paper 2 Details

• - Investment Concepts - Risk & Return
• - Portfolio Management
• - Fixed Income and Equity Securities
• - Options, Futures, Foreign Exchange and Swaps Contracts
• - Structured Products
• - Unit Trusts and Fund Products
• - Alternative Investment Products and Services
• - Using Credit and Leverage

• Format: 100 MCQs (computer-based)
• Duration: 2 hours
• Pass mark: 70%

The exam results will be displayed on the computer screens after the exam. Printed result slips will not be issued.

The exemption of Covered Persons (already working in Singapore) who possess at least 15 years of relevant financial services-related experience, as at the date of implementation of this Code i.e. 1 September 2011, from CACS is a once-off exercise.

The deadline of CACS exemption is over, and any individual who meets the definition of "Covered Persons" will have to pass the CACS assessment before he provides any financial advisory service to High Net Worth individuals on behalf of his Covered Entity.