OVERVIEW

IBF Examinations

IBF examinations are designed to ensure that professionals in Singapore’s financial industry meet the competency and regulatory standards set by the Monetary Authority of Singapore (MAS). They serve as gateways for individuals to be licensed, certified, or recognised for their knowledge and skills across different functions.

type of exams

IBF conducts regulatory and industry examinations for various sectors in the financial sector in Singapore.

exam1

Capital Markets and Financial Advisory Services (CMFAS)

Securities & futures, fund management, corporate finance, REIT management, financial advisory

exam3

Client Adviser Competency Standards (CACS)

Private banking & wealth management

exam4

Financial Markets Regulatory Practices (FMRP)

Wholesale dealing in over-the-counter (OTC) markets

Announcements


May 05, 2024

Implementation of the New Client Adviser Competency Standards Examinations (CACS Exams)

Sep 28, 2023

Implementation of New Capital Markets and Financial Advisory Services Examinations (CMFAS Exams)

May 12, 2023

Advisory on IBF Examinations - Implementation of New Examination System from 12 June 2023

Study Guide Updates

The IBF Study Guides are updated at appropriate intervals to reflect changes and developments in the financial industry. Candidates should ensure that they have the latest version of the relevant study guide before sitting for the examination.

MODULE DATE VERSION DESCRIPTION
CM-SIP Jan 2026 1.1 Updates
RES 3 Dec 2025 1.4 Updates
CACS Paper 2 Dec 2025 1.3 Updates
CACS Paper 2 Nov 2025 1.2 Updates
RES 3 Feb 2025 1.3 Updates
RES 3 Dec 2024 1.2 Updates
RES 1B Nov 2024 1.1 Updates
CM-EIP Nov 2024 1.1 Updates
RES 1A Nov 2024 1.1 Updates
RES 3 Nov 2024 1.1 Updates
CACS Paper 2 Nov 2024 1.2 Updates
CACS Paper 1 Oct 2024 1.1 Updates
CACS Paper 2 Sep 2024 1.1 Updates
CACS Paper 2 Mar 2022 2.3 Updates

Registration

The Institute of Banking & Finance

For Individuals

Individuals who wish to register for IBF examinations must create and activate an individual account on the IBF Portal.

Creating an IBF Portal account will allow individuals to access IBF e-services such as exam registration, certification application, tracking and managing their training and CPD records as well receiving training suggestions based on their profiles.

The Institute of Banking & Finance

For Corporate Entities

All organisations who wish to register for IBF examinations on behalf of their employees must create a Corporate Login Account on the IBF Portal. Only 1 account may be created per organisation.

The organisation would be identified by the Unique Entity Number (“UEN”), issued by the Accounting and Corporate Regulatory Authority (“ACRA”).

The Institute of Banking & Finance

For Existing Account User

Individuals and organisations who have existing IBF account

All rescheduling of examination dates must be done through the IBF Portal.

Reschedule my Exam

The admin fee payable for each time you reschedule an exam is $81.75 (Inclusive of GST).

  • All rescheduling of examination dates must be done by 12pm, one business day before the exam date e.g. If your exam falls on a Monday, transfer must be done by 12pm on the preceding Friday.
  • You are not allowed to change your registered exam module or change your exam registration to another candidate.
  • Rescheduling of exams are subjected to availability.
  • Any late requests will not be entertained.

For any changes to candidate name or identification information, please write to exams@ibf.org.sg before 12pm, 3 business days before your exam date with your supporting documentation. You will not be permitted to sit for the exam if your request for correction/change is not submitted to IBF by this deadline

The Institute of Banking & Finance

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