Client Adviser Competency Standards (CACS) Assessment
The CACS Assessment is applicable to private banking professionals (or "Covered Persons") who are in a client-facing role and provide financial advisory services to accredited investors.
For more information, please refer to the Private Banking Code of Conduct by the Association of Banks of Singapore (ABS).
Exam Syllabus
- Overview of Wealth Management
- Private Banking Code of Conduct
- Client Due Diligence
- Client Advisory
- Wealth Transfers and Succession Planning
- Ethical Conduct
Exam Format
Format
80 MCQs (computer based)
Duration
2.5 hours
Pass mark
75%
The exam results will be displayed on the computer screens after the exam. Candidates can print their result slips from their IBF Portal Account on the next working day.
Exam Fees (Inclusive of GST):
Corporate Members: S$446.90
Non-Corporate Members: S$534.10
Exemptions
There are no exemptions to CACS 1 paper as it is a Rules and Regulations exam.
Exam Syllabus
- Macroeconomic Analysis and Key Drivers of Asset Prices
- Portfolio Management Process and Performance Measurement
- Foreign Exchange Analysis
- Fixed Income Analysis and Strategies
- Equity Analysis ad Strategies
- Funds Solutions
- Alternative Investments
- Derivatives Market
- Structured Products
- Credit and Leverage
Exam Format
Format
80 MCQs (computer based)
Duration
2.5 hours
Pass mark
70%
The exam results will be displayed on the computer screens after the exam. Candidates can print their result slips from their IBF Portal Account on the next working day.
Exam Fees (Inclusive of GST):
Corporate Members: S$446.90
Non-Corporate Members: S$534.10
Exemptions
From 1 January 2019, CFA Charterholders are exempted from CACS 2.
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