M1B (Set 2)
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4 Feb 2026
CMFAS M1B Mock Question:
Which stage of the money laundering process refers to the creation of financial transactions designed to disguise the audit trail of money laundering?
a) Placement stage
b) Layering stage
c) Integration stage
d) Transfer stage
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M1B (Set 1)
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4 Feb 2026
CMFAS M1B Mock Question:A person who is aware of an investigation regarding a money laundering case and discloses to any other person information which is likely to prejudice the investigation is guilty of a:
a) money laundering offence.
b) tipping-off offence.
c) suspicious transaction reporting (STR) offence.
d) failure to comply with Production Order offence.
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CGI Set A
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4 Feb 2026
ComGI Mock Question:If a motor vehicle cannot be restored to a safe pre-accident condition and the total repair costs exceeds the Economic Repair Value, the insurer will have the option to settle the claim on a:
a) Constructive Total Loss Basis
b) Repair Discharge Basis
c) Disabled Vehicles Basis
d) Damage Limit of Indemnity Basis
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PGI Set B
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4 Feb 2026
PGI Mock Question:Which of the following statements correctly describes the term Subrogation?
a) The insurer need not to pay any claims if the claims are fraudulent.
b) The insurer has the right to pursue the wrong-doer in the insured’s name.
c) The insured must inform the insurer in writing of any change of circumstances which can increase the possibility of loss, injury or damage.
d) The insurer and the insured have the right to cancel the policy if mutually agreed upon.
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M3 (Set 2)
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4 Feb 2026
CMFAS M3 Mock Question:Which of the following is NOT a criteria for Fund Managed Companies (FMCs) to meet?
a) An FMC should ensure that the minimum competency requirements are met.
b) An FMC should satisfy MAS that its shareholders, directors, representatives and employees, as well as the FMC itself, are fit and proper.
c) An FMC carrying out fund management on behalf of any customer other than an accredited or institutional investor does not need to meet the base capital thresholds.
d) An FMC should have in place compliance arrangements that are commensurate with the nature, scale and complexity of its business.
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FMRP (Set 1)
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4 Feb 2026
FMRP Mock Question:Which of the following statements is FALSE regarding rollovers of foreign exchange transactions at off-market rates?
a) Maturing forward contracts can be extended or rollover-ed.
b) The current market spot rate should be used to liquidate the maturing contract and used as a base from which the new forward rate is derived.
c) The use of off-market rates is strongly discouraged.
d) Deals done at off-market rates may be used as a means to conceal profit or loss, or to perpetuate a fraud.
