CACS Paper 1 - Legislations, Regulations & Industry Codes of Practice — Information & Free Practice
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Exam Review
About CACS Paper 1 - Legislations, Regulations & Industry Codes of Practice
CACS Paper 1 - Legislations, Regulations & Industry Codes of Practice · SG
Key exam facts
- Provider
- The Institute of Banking & Finance Singapore (IBF) conducts the assessment; IBF and the private banking industry reviewed the examination, with content and questions approved by an industry panel.
- Format
- Computer-based multiple-choice examination with knowledge-based and application-based questions. Each question has four options and one correct answer.
- Exam questions
- Total questions: 80.
- Time limit
- 2.5 hours of examination time.
- Passing score
- 75% pass mark for CACS Paper 1.
- Exam fee
- S$446.90 for Corporate Members; S$534.10 for Non-Corporate Members, inclusive of GST. IBF FAQ Q7 states that first and subsequent attempts have the same fees.
Topics covered
Overview of Wealth Management
Private Banking Code of Conduct
Client Due Diligence
Client Advisory
Wealth Transfers and Succession Planning
Ethical Conduct
How to prepare
Work through the topics, read the explanation after each answer, and revisit the areas where you miss questions. Use the official outline and reference materials below to guide your study.
These independent practice questions are not actual exam items and do not guarantee a passing result.
Frequently asked questions
What is the exam format?
Computer-based multiple-choice examination with knowledge-based and application-based questions. Each question has four options and one correct answer.
How many questions are on the exam?
Total questions: 80.
How long is the exam?
2.5 hours of examination time.
What is the passing score?
75% pass mark for CACS Paper 1.
How much does the exam cost?
S$446.90 for Corporate Members; S$534.10 for Non-Corporate Members, inclusive of GST. IBF FAQ Q7 states that first and subsequent attempts have the same fees.
Official sources and references
- IBF: CACS examination details
Paper 1 — Exam Syllabus
- IBF: CACS examination details
Paper 1 — Exam Format
- IBF: CACS examination details
Paper 1 — Duration
- IBF: CACS examination details
Paper 1 — Pass mark
- IBF: CACS examination details
Paper 1 — Exam Fees (Inclusive of GST)
- IBF: Examination FAQs
Q48
- IBF: Examination FAQs
Q49
- IBF: Examination FAQs
Q7
Confirm current exam arrangements with the exam provider.