
M6A (Set 2)
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4 Feb 2026
CMFAS M6A Mock Question:
Which of the following occurs in an interest rate swap?
a) Net interest payments are made and the notional principal is swapped.
b) Net interest payments are made.
c) Notional principal is returned.
d) Net notional principal is swapped.

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.

FMRP (Set 2)
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4 Feb 2026
FMRP Mock Question:
Which of the following actions cannot be taken when a Broker cannot substantiate his quotation on an Interest Rate Swap?
a) The Broker should close the deal at the next available price and settle the difference.
b) In the absence of prior arrangements, differences are payable on spot date.
c) The Broker can settle the difference by sending a cheque for the amount to the Principal.
d) Principals can request that the deal be contracted at the original rate instead of receiving a settlement of the difference.