The CACS Paper 1 examination comprises of 80 questions, time given is 2 hours and the passing mark is 75%.
$19.90
6 Oct 2022
CACS Paper 1 Exam Question:
Shares of a Private Trust Company (PTC) held by a Purpose Trust are ultimately owned by the:
a) Company Directors
b) Trustee
c) Settlor
d) There is no ultimate owner of the shares
The CACS Paper 1 examination comprises of 80 questions, time given is 2 hours and the passing mark is 75%.
6 Oct 2022
CACS Paper 1 Exam Question:
A Covered Person of a Covered Entity is not allowed to be an appointed representative of more than one principal:
a) unless their principals are related corporations.
b) unless they work in a specialised unit serving High Net Worth Individuals (HNWIs) only.
c) unless they solely conduct venture capital fund management.
d) under all circumstances.