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Prepare for Singapore's IBF-administered CMFAS RES 2B examination with focused coverage of derivatives regulation, non-exchange-member operations, OTC dealing, market conduct, ethics, trading practice and financial-crime controls.
Course syllabus information reviewed for 2026. Always check the awarding body’s latest official syllabus and candidate updates before booking or sitting your exam.
RES 2B practice inventory
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* This is a chapter sample. All audio is available in the full version.
Try 15 questions from Chapter 7: Prevention of Financial Crimes
This preview shows one part of the course. Try this short topic quiz and unlock the full course for complete mock exams and full coverage.
RES 2B covers the rules, ethics and practical skills expected of derivatives dealers acting for non-exchange-member principals in Singapore. The seven chapters move from capital-market structure and licensing through derivatives market conduct, OTC contracts, professional ethics, dealing practice and prevention of financial crimes.
The course turns the current examinable source into seven detailed summaries, 155 active-recall flashcards, a 144-item searchable reference sheet, five timed 60-question mock exams and a tutor grounded in the RES 2B material.
The official examination contains 60 multiple-choice questions, lasts 90 minutes and requires 75% to pass. Each course mock follows that structure. IBF does not publish chapter weights, so the mock allocation is a transparent practice design based on source breadth and regulatory density rather than a claim about the live examination mix.
| Assessment | 60 multiple-choice questions testing knowledge, understanding and application at the IBF Assessment Centre |
| Duration | 90 Minutes |
| Standard Pass Mark | 75% |
| Feature | Exams Academy | Details |
|---|---|---|
| Access Period | Lifetime Access | One-time enrollment with no recurring fee |
| Practice Exams | Unlimited Retakes | Five full-length 60-question mock exams |
| Study Support | Instant 24/7 AI Tutor | Self-service AI support; live instructor support is not included |
| Cost | $189 (One-Time) | One-time payment with no recurring subscription |
Practise the official 60-question structure under a 90-minute timer with the 75% pass mark applied.
Keep licensing, customer accounts, OTC contracts, disclosure, margin, clearing and reporting duties in the correct scope.
Clarify licensing, market conduct, OTC dealing, ethics, strategy and AML/CFT distinctions inside the learning platform.
Revise the IBF-administered RES 2B pathway with MAS, Singapore derivatives rules and financial-crime controls kept in context.
Use the same question bank in two different ways: build understanding with instant feedback, then switch to a realistic simulation when you are ready.
Choose an answer, see immediately whether it is right or wrong, and read the explanation before moving on.
Work against the official-style timer without revealing answers, then review your score and every explanation after submission.
Markets, institutions, regulators, derivatives venues, clearing houses and governing rules.
CMS licensing, representatives, disclosures, accounts, statements, records and customer-asset protection.
SFA derivatives misconduct, customer priority, crosses, churning, overtrading and pre-arranged trades.
OTC risks, reporting, clearing, margin, disclosure, confirmations and collateral.
Ethical framework, professional codes, client duties, conflicts and best execution.
Market analysis, strategy, implementation, monitoring, customer assessments and risk management.
ML/TF, sanctions, governance, CDD, monitoring, reporting, records and training.
Preparation centre
Use these connected guides for the syllabus, exam format, booking and revision strategy.
CMFAS RES 2B contains 60 multiple-choice questions and lasts 90 minutes. It tests knowledge, understanding and application.
The official pass mark is 75%. Each full course mock uses the same threshold.
The Institute of Banking & Finance Singapore administers RES 2B. It is not an SCI examination.
It covers Singapore capital-market structure, derivatives licensing and operations, market conduct, OTC derivatives, professional ethics, dealing practice and prevention of financial crimes.
RES 2B is for derivatives dealers of non-exchange members. RES 2A focuses on derivatives exchange dealers and includes exchange trading systems and infrastructure.
No. The official study guide states that candidates are not tested on monetary amounts of penalties. The prohibited conduct, duties and consequence types remain important.
Yes. The current IBF study-guide update register lists no later RES 2B revision, so the supplied official guide is the current examinable source for this course.
No. IBF does not publish RES 2B chapter weights. The course uses a documented practice allocation so every mock covers the full source.
No. Exams Academy is an independent education provider and is not affiliated with or endorsed by IBF, MAS or SGX.
You receive lifetime access to the current course content with no recurring subscription fee.
Yes! Test your knowledge and see our AI tutor explanations with the free CMFAS RES 2B – Rules, Ethics and Skills for Derivatives Dealers of Non-Exchange Members Topic Quiz below. It contains 15 questions from one named topic and is not a full mock exam or overall readiness assessment.
No. IBF administers RES 2B; SCI administers a different set of CMFAS modules, including RES5.
Use IBF's official CMFAS examination channel to check the current schedule, registration requirements, fees and assessment-centre instructions. Confirm that the latest RES 2B study guide remains examinable before booking.
Exams Academy checkout is in US dollars and the card provider converts the charge to SGD. The official IBF examination fee and official study guide are separate from the course purchase.
🇸🇬 Local market guide
Review the CMFAS pathway, official booking route and derivatives dealing career context before paying the examination fee.
RES 2B is an IBF-administered CMFAS examination for representatives engaged in derivatives dealing for a principal that is not a member of an approved exchange. The employing financial institution should confirm the complete module combination for the intended regulated activity and complete the MAS representative-notification process before the individual begins that activity.
Monetary Authority of Singapore and Institute of Banking & Finance SingaporeUse IBF's official CMFAS examination channel to check the current schedule, registration requirements, fees and assessment-centre instructions. Confirm that the latest RES 2B study guide remains examinable before booking.
View official IBF CMFAS exam detailsRES 2B is relevant to derivatives dealing, operations, risk and compliance roles for non-exchange-member principals. The employer determines the modules and representative-notification requirements for the intended activity.
Exams Academy checkout is in US dollars and the card provider converts the charge to SGD. The official IBF examination fee and official study guide are separate from the course purchase.
Market-specific reading
Prepare for the IBF CMFAS RES 2B exam with structured study notes, active practice, flashcards and a course-grounded tutor.