CMFAS M5 Exam

Objectives of MAS

• Conduct monetary policy
• Manage the official foreign reserves
• Issuance of government securities
• Supervise and develop the financial sector

Acts Administered by MAS

• Financial Advisers Act (Cap. 110)
• Insurance Act (Cap. 142)
• Banking Act (Cap. 19)
• Exchange (Demutualisation and Mergers) Act (Cap. 99B)
• The Currency Act (Cap.69)

Regulatory Functions of SGX:

• Issuer Regulation
• Member Supervision
• Market Surveillance
• Enforcement
• Risk Management

Objectives of IMAS

• promote professionalism in investment management
• provide a forum for members to discuss issues
• provide a forum for members to discuss issues
• represent members’ interests and acts as voice for members
• represent members’ interests and acts as voice for members
• promote the education of the investing public on investments
• improve professionalism and standards

IMAS members are governed by a Code of Ethics

Key Principles of FAA and FAR

to read more