Rules, Ethics & Skills for Securities Dealers of Non-Exchange Members. Sit a free CMFAS RES 1B mock exam: 20 questions in 30 minutes, marked against the 75% pass mark, with a worked answer for every question. No card needed.
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Read the CMFAS RES 1B exam guide: format, syllabus and how to pass →
IBF sets and can change the official format. Always confirm the current CMFAS RES 1B details before you register.
1,000+ verified questions across 8 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 1B (Rules, Ethics and Skills for Securities Dealers of Non-Exchange Members) is the IBF licensing module for anyone dealing in securities for a firm that is not an SGX-ST member — licensing, market conduct, ethics, securities dealing practices, CPFIS and the prevention of financial crimes. It is an MAS-regulated CMFAS module examination.
IBF sets CMFAS RES 1B 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 1,000+ verified, exam-style CMFAS RES 1B 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.
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