Examination & Awards
The Financial Services Act 2013 (FSA) and Islamic Financial Services Act 2013 (IFSA) which came into force on 30 June 2013 integrated several separate laws to govern the financial sector under a single legislative framework for the conventional and Islamic financial sectors respectively.
The following Acts have since been repealed with the FSA and IFSA being in place:
- Banking and Financial Institutions Act (1989) (BAFIA);
- Islamic Banking Act 1983;
- Insurance Act 1996;
- Takaful Act 1984;
- Payment Systems Act 2003; and
- Exchange Control Act 1953.
All study materials will be updated accordingly in due course.
On this note, we wish to advise that examination questions relating to the above-mentioned repealed Acts will no longer be examined from August 2013 onwards and questions on the FSA and IFSA will only be examinable commencing January 2014.
Centre for Paper-Based Examination
|OCTOBER 2020 EXAMINATION VENUES|
|25 OCTOBER 2020 (SUNDAY)|
|Johor Bahru||PROFESSIONAL BANKER (PB 7)
Everest Enrichment Center,
No 167A, Jalan Seri Impian Satu,
Taman Impian Emas,
Amendments have been made to the AICB Examination Fees Refund Policy. Please note that the module fee and examination fee are non-refundable and non-transferrable except in the most extenuating circumstances. Candidates are advised to assess their readiness and make a firm decision before they register for the module and examination.
The key changes are as follows:
- A candidate who has withdrawn or is absent from an examination will not be entitled to any refund of the module fee or examination fee paid or to carry forward the fee to the next examination sitting.
- Withdrawal from module(s) will be considered based on the following grounds:
– Prolonged illness
– Serious injuries
Click here to download the application form for withdrawal.
The Institute may consider allowing a one-time transfer of the examination fee to the immediate next sitting in the case of a candidate who encounters extenuating circumstances and was not able to attend the examination. The module fee is not transferable.
Candidate may also apply for deferment, if the candidate was unable to reschedule the examination at least a minimum of 48 hours prior to the original examination session or unable to take the examination due to extenuating circumstances.
Deferment to the immediate next sitting will be considered for paper-based and online examinations based on the following grounds.
– Illness/ injury/ hospitalisation
– Illness of close family member
– Personal/ emotional circumstances
– Involvement in accident
– Victim of crime
Candidates who wish to apply for deferment under extenuating circumstances are required to email the completed application form and supporting documents, to firstname.lastname@example.org no later than ten (10) working days from the date of the examination. Click here to download the application form for deferment.
Kindly note that candidates should only enrol and register for their selected module and examination date once they are firm with their decision on their preferred module and examination date.
The latest version of the Examinations Regulations containing the amendments can be downloaded below.
Prior to the examination sitting, we will publish the list of examination centres in our website under the Examinations and Award tab.
The decision of the Board of Examiners in regard to a candidate’s examination results is final and no appeals will be entertained.
The Institute’s policy is that the results are based on the grade bands. We will not entertain any requests to release the actual marks for the exams which are kept confidential.
PKMC and IPPC FAQs
Yes, 2 years. A candidate must pass all four modules within 6 consecutive examination sittings (1 exam cycle) failing which the passes gained in the exam cycle will be nullified. The candidate will then be required to immediately start a new exam cycle without any lapse.
No, FMAM membership is sufficient. All new members who pass the examinations in its entirely or who are existing FMAM Ordinary members (a prerequisite for trading in the Malaysian financial markets) will be granted a dual membership in both FMAM and AICB.