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M5 (Set 2)
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CMFAS M5 Exam Question:A financial adviser must disclose all of the following except:
a) any lien imposed on a life policy.
b) the bid and offer prices of a collective investment scheme with a single pricing scheme.
c) the risk factors that may result in the benefits payable to be less than that illustrated in the benefit illustration.
d) whether the units of a collective investment scheme will be priced on a historical or forward basis.
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M1B (Set 2)
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CMFAS M1B Exam 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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M6 (Set 1)
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4 Feb 2026
CMFAS M6 Exam Question:Which of the following types of equity securities has the lowest risk?
a) Ordinary shares
b) Non-ordinary shares
c) Non-voting shares
d) Preference shares
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M5 (Set 1)
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4 Feb 2026
CMFAS M5 Exam 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.
