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  M3 (Set 2)

  $19.90 Add to cart

   
  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.

• 

  BCP Set A

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  4 Feb 2026
  BCP Mock Question:

  Which of the following statements about ‘common law’ is NOT TRUE?

  a) It is sometimes called ‘unwritten law’.

  b) It consists of generally accepted rules and requirements that a civilized society will consider automatic.

  c) It can be modified or abolished by statute law.

  d) It cannot be modified by the mutual agreement of parties to a contract.

• 

  M5 (Set 1)

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  4 Feb 2026
  CMFAS M5 Mock Question:

  Which of the following statements regarding Financial Advisers is NOT true?

  a) A financial adviser who provides financial advisory service in respect of securities has to maintain a register of its interest in securities.

  b) A financial adviser can withdraw monies related to a contract of insurance
  from a bank account maintained by it.

  c) A financial adviser can disclose to its clients any information on past performance in relation to a Collective Investment Scheme based on the simulated results of a hypothetical Collective Investment Scheme.

  d) A financial adviser can make comparisons of the past performance of a Collective Investment Scheme with that of another Collective Investment Scheme to a client.

• 

  BCP Set B

  $14.90 Add to cart

   
  4 Feb 2026
  BCP Mock Question:

  Which of the following statements regarding insurable interest is incorrect?

  a) There must be some property, rights, interest or potential liability capable of being insured.

  b) The property, rights, interest or potential liability must be the subject matter of the insurance.

  c) The insured must not stand in a relationship, recognized by law, with the subject matter of the insurance.

  d) The proposer must benefit from the continued existence of the subject matter of the contract or be prejudiced by its loss.