CMFAS Overview | The Institute of Banking and Finance

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Capital Markets and Financial Advisory Services (CMFAS) Examinations

The CMFAS Examinations are the licensing examinations for the capital markets and financial advisory services in Singapore.

After successfully completing the relevant examination modules, candidates must lodge a notification with the Monetary Authority of Singapore (MAS) before they can carry out regulated activities.

Please select from the following to find out your relevant CMFAS Examinations module(s):

I am:

Regulated Activity

I trade in Futures Contracts
(SGX-DT Member)

Capital Markets and Financial Advisory Services Module

Rules and Regulations
1A	1B	2A	3	4A	4B	10
		Checked M2A: Click here to read more

Product K & A
6	6A
	Checked M6A: Click here to read more

Regulated Activity

I trade in Futures Contracts
(Non SGX-DT
Member)

Capital Markets and Financial Advisory Services Module

Rules and Regulations
1A	1B	2A	3	4A	4B	10
		Checked M2A: Click here to read more

Product K & A
6	6A
	Checked 6A: Click here to read more

Regulated Activity

I engage in
Fund Management

Capital Markets and Financial Advisory Services Module

Rules and Regulations
1A	1B	2A	3	4A	4B	10
			Checked M3: Click here to read more

Product K & A
6	6A
Checked M6: Click here to read more

Regulated Activity

I engage in
REIT Management

Capital Markets and Financial Advisory Services Module

Rules and Regulations
1A	1B	2A	3	4A	4B	10
						Checked M10: Click here to read more

Product K & A
6	6A

Regulated Activity

I advise on
Corporate Finance

Capital Markets and Financial Advisory Services Module

Rules and Regulations
1A	1B	2A	3	4A	4B	10
				Checked M4A: Click here to read more

Product K & A
6	6A

Regulated Activity

I advise on
Corporate Finance
(Solely Debt Securities)

Capital Markets and Financial Advisory Services Module

Rules and Regulations
1A	1B	2A	3	4A	4B	10
					Checked M4B: Click here to read more

Product K & A
6	6A

The Singapore College of Insurance (SCI) is the administrator of the CMFAS Examinations for the financial advisory and insurance industry (i.e. CMFAS M5, M8, M8A, M9, M9A). Please refer to their website for more information on these exams.

* K & A stands for Knowledge and Analysis

Entry Requirements

Please refer to Paragraphs 5 & 7 of the MAS Notice SFA04-N09 to find out more about the minimum examination requirements.

Contact

If you need further assistance, please email us at exams@ibf.org.sg.

Examinations