Exemptions
CMFAS Exemptions
Making reference to MAS Notice No: FAA-N13 (FAA CAP.110) revised copy published on 19th October 2011, please be advised that with effect from 19 October 2011, CMFAS exemption list is as follows:
| Exemptions | Modules Exempted |
| AFPCM | AWPCM | CFP® |
| - | - |  |
|
CMFAS Module 8 Effective 19 October 2011. Reference MAS Notice No: FAA-N13 (FAA Cap 110) |
| AFPCM | AWPCM | CFP® |
| - | - |  |
|
CMFAS Module 9 Effective 19 October 2011. Reference MAS Notice No: FAA-N13 (FAA Cap 110) |
CFP® Certification Programme Exemptions
| Courses | Modules Exempted | |
| CFA | Module 4 course and examination | |
| CPA | Module 3 course and examination | |
Pre-approved qualifications
Only Practitioner Qualifications i.e. CFA and CPA are recognized for exemptions from the courses and examinations of Module 4 and Module 3 respectively.
Non pre-approved qualifications
Any other qualifications will be reviewed on a case-by-case basis.
APPLICATION FOR EXEMPTION FOR THE CFP® CERTIFICATION PROGRAMME
- Candidates may apply for exemptions of up to a maximum of 4 modules of the CFP® Certification Programme.
- A processing fee of $100.00 is payable for each module applied.
- Processing time for pre-approved and non pre-approved qualifications is 2 weeks and 4 weeks respectively.
Requirements to qualify for exemptions:
To qualify for an exemption the applicant’s qualification must meet all of the following requirements:
- Qualification is awarded by an institution recognized by FPAS. What is deemed as recognized is at the full discretion of FPAS.
- Qualification is of an equivalent or of a higher academic standard than that of the FPAS’ Certification Program.
- The course contents of the applicant’s qualification must have covered the equivalent course contents of the FPAS’ qualification.
Documents required:
If r qualification(s) has/have met all the above qualifying criteria, you can then proceed to complete the application form.
- Certified true copy of your certificate, results transcripts and copy of the relevant curriculum details must be submitted together with this application.
- Cheque payment to “FPAS”
Please click to download the forms

Exemption Application Form