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The Singapore Foreign Exchange Market Committee ("SFEMC") introduced the Financial Markets Regulatory Practices (FMRP) Examination in June 2012 as the professional certification programme for all dealers and brokers engaged in wholesale dealing of over-the-counter (OTC) foreign exchange, money market instruments and derivative products in Singapore.

The FMRP Exam focuses on assessing dealers & brokers' understanding of wholesale dealing practices and market conduct based on the Singapore Guide to Conduct & Market Practices for Treasury Activities (commonly referred to as "The SFEMC Blue Book"), as well as relevant Singapore laws and regulations. The purpose of the FMRP is to ensure that all market participants have sufficient knowledge that would guide them to act in a way that best safeguards the soundness of the financial markets.
Financial Markets Regulatory Practices (FMRP) Examination
Exam Syllabus:

1. Overview of Wealth Management
2. Private Banking Code of Conduct
3. Client On Boarding Process
4.Client Relationship Management
5.Wealth Transfers and Succession Planning               

Exam Format: 

FormatDurationPassmark
100 MCQs2 hours 75%

The exam results will be displayed on the computer screens after the exam. Candidate can print their result slips from their portal account on the next working day.

Exam Fees (Before GST):

Corporate Members: $330 (1st Attempt), $310 (Subsequent Attempts)
Non-Members: $400 (1st Attempt), $380 (Subsequent Attempts)

Exam Schedule & Location:

  • Please log into IBF Portal for information on all examination dates and schedule.  
  • All examinations are held in IBF Assessment Centre (20 Anson Road, #05-01, 20 Anson Building, Singapore 079912)

Exemptions:

There are no exemptions for the FMRP examination