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🇸🇬 Financial Planning & Wealth
CMFAS RES5 Exam Preparation
Prepare for both parts of the SCI-administered CMFAS RES5 examination with source-grounded coverage of Singapore financial-advisory rules, professional ethics and the advisory process.
Source audit completed 28 August 2026: SCI Version 1.2 remains the exam basis through 21 September 2026, and Version 1.3 applies from 22 September 2026. The official format remains a 150-question multiple-choice examination with separate Part I and Part II pass requirements.
600 Unique Questions · 5 Mocks × 150 Detailed Study Notes Realistic mock exams
Course syllabus information reviewed for 2026. Always check the awarding body’s latest official syllabus and candidate updates before booking or sitting your exam.
Exactly what is included
- 5 mock exams × 150 questions · 600 unique questions · 750 total question slots · unlimited retakes
- Focus Learn · key areas, pitfalls, exam traps & key numbers
- Flashcards · fun, fast and effective recall
- Exam cheat sheet · key facts, rules and numbers by chapter
- Audio Learning · every chapter in audio
- AI Analyzer & Mentor · pinpoints your weak areas
- Study Mode Exams · learn while you train
- AI Chat trained specifically for this exam
- Community-polished data, improved every day
- Exam format and public syllabus scope verified; current eBook reconciliation is tracked in the dated notice above
AI Audio Summaries New
Listen to course modules on the go. Perfect for studying while driving or commuting.
🎧 Audio
* This is a chapter sample. All audio is available in the full version.
Syllabus
Module 1: Financial Advisers and Representatives
🎧 Audio
Licensing, exemptions, protected terms and representative status.
Module 2: Conduct of Business, Power of Authority and Offences
Product information, recommendations, client assets, MAS powers and offences.
Module 3: MAS Notices - Part I
Recommendations, client information, disclosure and dual-currency investments.
Module 4: MAS Notices - Part II
Introducers, provisional representatives, misconduct, balanced scorecards and competency.
Module 5: AML/CFT for Financial Advisers
Risk assessment, CDD, monitoring, enhanced measures, records and reporting.
Module 6: MAS Notices - Part III
Incident reporting, technology risk, direct purchase insurance and cyber hygiene.
Module 7: MAS 307 Investment-Linked Policies
ILP information, illustrations, charges, suitability, replacement and ongoing disclosure.
Module 8: MAS Guidelines - Part I
Licence criteria, fit and proper standards, appointment checks and conduct.
Module 9: MAS Guidelines - Part II
Structured deposits, switching, FSG-G04 fair dealing, remuneration, reference checks and pre-transaction checks.
Module 10: MAS Guidelines - Part III
Research conflicts, online no-advice life policies, regulation 32CB arrangements, digital advice and marketing conduct.
Module 11: Code on Collective Investment Schemes
Authorisation, constitutive documents, custody, valuation, dealing and disclosure.
Module 12: Securities Dealing and Market Conduct
Market misconduct, insider trading, manipulation and controls.
Module 13: Central Provident Fund
CPF structure, nominations, investment and retirement-planning relevance.
Module 14: Why Professional Ethics Matter
Trust, professional judgement and conduct beyond minimum compliance.
Module 15: Professionalism
Competence, accountability, continuing development and professional standards.
Module 16: Ethical Behaviour
Principled decisions, customer interests and transparent reasoning.
Module 17: Unethical Behaviour
Misrepresentation, concealment, pressure, exploitation and record manipulation.
Module 18: Conflict of Interest
Identification, avoidance, mitigation, disclosure and management.
Module 19: Fair Dealing
Fair outcomes, understandable communications, complaints and remediation.
Module 20: Ethical Marketing and Sales
Accurate claims, balanced presentation and non-coercive sales conduct.
Module 21: Client-Representative Relationships
Scope, expectations, communication, trust and records.
Module 22: Fact Finding and Needs Analysis
Client facts, objectives, risk, capacity, priorities and information gaps.
Module 23: Evaluating Financial Status
Cash flow, balance sheet, ratios, protection gaps and retirement position.
Module 24: Strategies and Solutions
Priorities, affordability, product fit, risks, costs and alternatives.
Module 25: Presentation of Analysis and Solutions to Clients
Recommendation rationale, limitations, understanding and implementation.
Module 26: Reviewing Clients' Portfolios
Personal and external changes, product performance and review action.
Module 27: Basic Financial Planning Guide
Emergency funds, protection, investment, legacy planning and rule-of-thumb limits.
Interactive preview
Free RES5 – Rules, Ethics and Skills for Financial Advisory Services Practice Questions & Exam Preview
Try 15 RES5 – Rules, Ethics and Skills for Financial Advisory Services practice questions from RES5 Rules, Ethics and Advisory Skills
Practice RES5 – Rules, Ethics and Skills for Financial Advisory Services exam questions with answers and explanations. The full course includes 5 mock exams and complete syllabus coverage.
Exam Preview
RES5 Rules, Ethics and Advisory Skills
Which RES5 concept is correctly described here? A person carrying on a business of providing a financial advisory service must fall within the licensing or exemption framework under the FAA.
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Flashcards
Card 1 of 10Number Recall
Question
How many questions are in RES5 Part I?
Tap to reveal answer
Focus Learn
- Financial Adviser's Licence
- Exempt Financial Adviser
- Protected Financial Adviser Terms
- Use of Independent
- Representative Notification Framework
- Appointed Representative
- Provisional Representative
- MAS Representative Powers
Part I Chapter 1: Financial Advisers Act and Financial Advisers Regulations - Financial Advisers and Representatives
What this chapter tests
This chapter focuses on regulatory duties, notices, conduct requirements and Singapore financial-advisory controls. RES5 questions commonly change a small fact—such as the person's status, the timing of a disclosure, the source of a recommendation or the stage of the client process—so the correct answer depends on the exact trigger rather than a broad slogan.
Core rules and distinctions
Financial Adviser's Licence. A person carrying on a business of providing a financial advisory service must fall within the licensing or exemption framework under the FAA.
Exempt Financial Adviser. An exempt person may provide the permitted financial advisory services without holding a separate financial adviser's licence, but remains subject to applicable FAA dutie…
Unlock all Focus Learn
Open every chapter’s key areas, pitfalls, exam traps and key numbers.
Adaptive study tools
Focus weak topics, learn with feedback, then switch to exam conditions.
Practice modes
Learn first. Then prove you’re ready.
Learn with feedback, then switch to exam conditions.
Exam Mode
Realistic exam simulation
Use the timer, keep answers hidden, then review your result.
Preparation Package at a Glance
| Feature | Exams Academy | Details |
|---|---|---|
| Access Period | Lifetime Access | One-time enrollment with no recurring fee |
| Practice Exams | Unlimited Retakes | Five full-length 150-question mock exams |
| Study Support | Instant 24/7 AI Tutor | Self-service AI support; live instructor support is not included |
| Cost | $151 (One-Time) | One-time payment with no recurring subscription |
Preview & See What You Will Get
Frequently Asked Questions
RES5 is a three-hour, English-medium closed-book computer-screen examination with 150 multiple-choice questions: 110 in Part I and 40 in Part II.
You must score at least 75% in Part I and at least 80% in Part II. Both requirements must be met; there is no compensating overall pass.
No. Each correct answer earns one mark. A wrong or blank answer receives zero and no mark is deducted.
Part I covers the Singapore financial-advisory regulatory framework, MAS notices and guidelines, ILPs, collective investment schemes, market conduct and CPF.
Part II covers professional ethics and the customer-advisory process from relationship and fact finding through analysis, presentation and ongoing review.
SCI Version 1.2 remains the examination basis through 21 September 2026. Version 1.3 applies from 22 September 2026. The course source was audited on 28 August 2026, and version-specific content is being reconciled against the current SCI eBook.
The official exam page states that candidates receive a result slip and that no certificate is issued.
No. Exams Academy is an independent education provider and is not affiliated with or endorsed by the Singapore College of Insurance.
You receive lifetime access to the current course content with no recurring subscription fee.
Yes! Test your knowledge and review detailed explanations with the free RES5 – Rules, Ethics and Skills for Financial Advisory Services Mock Exam Preview below. It contains 15 exam-style questions from one named topic; the full course provides complete mock exams and syllabus coverage.
No. CMFAS RES5 is administered by SCI and covers rules, ethics and skills for financial advisory services. Singapore competence requirements are role-specific, so the employing financial institution should confirm whether RES5 and any other CMFAS modules apply to the intended representative activity.
Use the official SCI RES5 page and SCI registration channel for the current examination schedule, eligibility, fees and booking instructions.
Exams Academy checkout is in US dollars and the card provider converts the charge to SGD. The official SCI examination fee and official study material are separate and are paid through the applicable SCI channel.
Key Benefits
Five Full-Length RES5 Mock Exams
Practise the official 110-question Part I and 40-question Part II structure under a three-hour timer.
- ✓ 600 practice questions across Mocks 1-4.
- ✓ Mock 5 mixes questions from all four papers.
- ✓ Separate pass results for Part I and Part II.
RES5-Grounded AI Tutor
Clarify Singapore regulatory rules, close distinctions and client-process scenarios inside the learning platform.
- ✓ Financial Advisers Act, Regulations and MAS material.
- ✓ Professional ethics and conflicts of interest.
- ✓ Fact finding, needs analysis and recommendations.
Active-Recall Revision
Build recall with 428 flashcards and a 215-item searchable reference sheet.
- ✓ Coverage across all 27 workbook chapters.
- ✓ Dedicated numerical and exam-format recall.
- ✓ Specific traps and easily confused requirements.
Detailed Chapter Summaries
Move quickly from the rule to its practical trigger, duty and exam consequence.
- ✓ Thirteen Part I regulatory chapters.
- ✓ Fourteen Part II ethics and advisory-process chapters.
- ✓ Direct exam method, pitfalls and revision checks.
Exam Format & Details
| Assessment | 150 multiple-choice questions in an English-medium, closed-book computer-screen examination |
| Duration | 180 Minutes |
| Standard Pass Mark | At least 75% in Part I and at least 80% in Part II |
Prepare for both parts of the CMFAS RES5 examination
RES5 combines Singapore's financial-advisory regulatory framework with professional ethics and practical advisory skills. Part I tests the Financial Advisers Act and Regulations, MAS notices and guidelines, investment-linked policies, collective investment schemes, market conduct and CPF. Part II tests ethical judgement and the full client process from the relationship and fact-find through analysis, recommendations, presentation and review.
This course turns all 27 workbook chapters into detailed summaries, 428 active-recall flashcards, a 215-item searchable reference sheet, five timed 150-question mock exams and an AI tutor grounded in the RES5 material.
Practise the official two-part structure
The official examination contains 110 Part I questions and 40 Part II questions in three hours. You must score at least 75% in Part I and at least 80% in Part II. The course therefore reports each part separately: a high score in one part never masks a failed result in the other.
The course source was audited on 28 August 2026. SCI Version 1.2 remains the examination basis through 21 September 2026, and Version 1.3 applies from 22 September 2026. The repository's archived workbook is an earlier edition, so version-specific learning content is being reconciled against the current SCI eBook; the official exam structure and current public chapter scope shown here have already been rechecked.
Who Is This For?
✓ Candidates preparing for the CMFAS RES5 examination
✓ Financial-advisory representatives working in Singapore
✓ Professionals studying CMFAS rules, ethics and advisory skills
✓ Candidates who need full mocks with accurate part-specific scoring
Preparation centre
RES5 – Rules, Ethics and Skills for Financial Advisory Services Exam Guides
Use these connected guides for the syllabus, exam format, booking and revision strategy.
Exam format
CMFAS RES5 Exam Guide: Format, Pass Marks and Study Plan
Understand the CMFAS RES5 exam format, separate Part I and Part II pass marks, 27-chapter scope and a direct study plan for the Singapore exam.
Exam guideRES5 Version 1.3: Which Study Text Applies to Your Exam?
Sitting Singapore RES5 around 22 September 2026? Check which study-text version applies, how to avoid mixed-version notes and what to revise before exam day.
🇸🇬 Local market guide
RES5 – Rules, Ethics and Skills for Financial Advisory Services in Singapore: pathway, booking and careers
Review the RES5 pathway, official booking route and Singapore career context before paying the examination fee.
Regulator and qualification pathway
CMFAS RES5 is administered by SCI and covers rules, ethics and skills for financial advisory services. Singapore competence requirements are role-specific, so the employing financial institution should confirm whether RES5 and any other CMFAS modules apply to the intended representative activity.
Monetary Authority of Singapore and Singapore College of InsuranceBooking and official examination
Use the official SCI RES5 page and SCI registration channel for the current examination schedule, eligibility, fees and booking instructions.
View official SCI RES5 detailsCareer and employer context
RES5 is relevant to financial-advisory, client-service, compliance and supervisory roles that require knowledge of Singapore's financial-advisory framework. The employer determines the exact requirement for the regulated activity.
Price and currency
Exams Academy checkout is in US dollars and the card provider converts the charge to SGD. The official SCI examination fee and official study material are separate and are paid through the applicable SCI channel.
Market-specific reading
Understand the pathway before booking
Ready to Pass Your Exam?
Prepare for the SCI RES5 exam with structured study notes, active practice, flashcards and a course-grounded tutor.
RES5 – Rules, Ethics and Skills for Financial Advisory Services
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