The Singapore Foreign Exchange Market Committee ("SFEMC") introduced the Financial Markets Regulatory & Practice (FMRP) in June 2012 as the professional certification programme for all dealers and brokers engaged in wholesale dealing of OTC foreign exchange, money market instruments and derivative products in Singapore. The programme is endorsed by the Monetary Authority of Singapore, the Association of Banks in Singapore (ABS), the Singapore Money Brokers Association and ACI Singapore - The Financial Markets Association.
The FMRP focuses on assessing the dealers/broker's understanding of wholesale dealing practices and market conduct based on the Singapore Guide to Conduct & Market Practices for Treasury Activities (commonly referred to as "The SFEMC Blue Book"), as well as relevant Singapore laws and regulations. The purpose of the FMRP is to ensure that all market participants have sufficient knowledge that would guide them to act in a way that best safeguards the soundness of the financial market.
The FMRP exam is applicable for all persons in the wholesale and over the counter (OTC) financial markets.
Candidates will receive their results immediately upon completion.
There is no exemptions for the FMRP Examination.
You may learn more about the conduct of
the examinations by referring to the IBF Examinations Rules &
Regulations or FAQs. If you
need further assisstance, please email us at email@example.com.