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Financial advisory
RES5Financial Advisory Services✓Rules, Ethics & Skills for Securities & Derivatives Dealers of Non-Exchange Members. Sit a free CMFAS RES 12B mock exam: 20 questions in 30 minutes, marked against the 75% pass mark, with a worked answer for every question. No card needed.
Or practise RES 12B by topic, freePractise 1,650+ verified, exam-style questions with worked answers, then sit full timed mock exams scored the way the real RES 12B paper is.
Unofficial study aid aligned to the public CMFAS RES 12B syllabus — not endorsed by MAS or IBF.
IBF sets and can change the official format. Always confirm the current CMFAS RES 12B details before you register.
1,650+ verified questions across 13 syllabus topics — every one with a worked explanation:
One note per topic: the must-know facts, the rules in plain English and the traps that cost marks. The opening of every note is free.
CMFAS RES 12B (Rules, Ethics and Skills for Securities and Derivatives Dealers of Non-Exchange Members) is the IBF combined paper for dealers licensed for both securities and derivatives at a non-exchange member — one sitting covering the RES 1B and RES 2B syllabus. It is an MAS-regulated CMFAS module examination.
IBF sets CMFAS RES 12B as 60 multiple-choice questions over 1 hour 30 min, with a pass mark of at least 75%. Confirm the current format on the official IBF page before you register.
CMFASPrep has 1,650+ verified, exam-style CMFAS RES 12B practice questions across every syllabus topic, each with a worked explanation — plus full-length timed mock exams. Start free, no card needed.
Practise by topic to build coverage, then sit full timed mock exams until you score above the 75% pass mark consistently. Read the worked answer on every question you miss.
Practise by topic with instant worked explanations, then sit full timed mock exams. Start free — upgrade when you're ready.
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