CM-CIS (harvester id) — see CM-SIP entry in IBF announcement (Specified Investment Products – Derivatives and Collective Investment Schemes)¶
Module Identifier¶
- Harvester source id: CMFAS-CM-CIS
- Effective: 1 April 2024 (under MAS Notice SFA 04-N22 and MAS Notice FAA-N26)
Source-extract scope¶
The IBF "Implementation of New Capital Markets and Financial Advisory Services Examinations (CMFAS Exams)" announcement (the authoritative source for this entry) tabulates the new CMFAS Product Knowledge module names under the new SFA classification. The announcement publishes per-row entries for CM-EIP (Excluded Investment Products – Securities, Collective Investment Schemes (EIP) and Foreign Exchange) and CM-SIP (Specified Investment Products – Derivatives and Collective Investment Schemes (SIP)). The harvester recorded a CMFAS-CM-CIS source id for this entry; the announcement table does not contain a per-row "CM-CIS" entry under that exact name — Collective Investment Schemes coverage in the new regime is split across CM-EIP (excluded investment product CIS) and CM-SIP (specified investment product CIS).
Per feedback_kb_pruning_not_versioning.md and CLAUDE.md non-negotiable #9 (no fabrication), this file does not invent a separate "CM-CIS" module specification beyond what the source extract contains.
CM-SIP — Capital Markets – Specified Investment Products – Derivatives and Collective Investment Schemes (SIP)¶
The most directly related Product Knowledge entry from the IBF announcement is CM-SIP. Verbatim from the announcement table:
| Item | Current (pre-1 Apr 2024) | New (from 1 Apr 2024) |
|---|---|---|
| Exam name | Module 6A – Securities and Futures Product Knowledge | CM-SIP – Capital Markets – Specified Investment Products – Derivatives and Collective Investment Schemes (SIP) |
| No. of Questions | 75 | 80 |
| Duration | 120 mins | 150 mins |
CM-SIP fees (excl GST)¶
| Member type | Fee |
|---|---|
| Corporate Member | $190 |
| Non-Corporate Member | $230 |
(Subject to GST at the prevailing rate.)
Passing mark (verbatim from announcement §5.3)¶
(b) 70% for the CMFAS Product Knowledge Exam modules.
Naming convention (verbatim from announcement §5.1)¶
(b) The exam modules on "Product Knowledge" will be renamed accordingly to reflect the new securities and derivatives product classifications under the SFA.
Syllabus details¶
Per the IBF announcement footnote for paragraph 5.2: per-module syllabus details are available on IBF website from 1 February 2024 — see https://www.ibf.org.sg for the syllabus PDF.
Authoritative source¶
For the authoritative regulated-activity → CMFAS-module mapping under the new regime (effective 1 April 2024), see MAS Notice SFA 04-N22 and MAS Notice FAA-N26.