Frequently Asked Questions (AML and CFT Provisions in Securities Markets Certification Examination)
1. Who can take NISM Series XXIV: AML and CFT Provisions in Securities Markets Certification Examination?
NISM Series XXIV: AML and CFT Provisions in Securities Markets Certification Examination is suitable for the employees of securities market intermediaries as the examination aims to create awareness about the provisions of Anti Money Laundering (AML) and Combating the Financing of Terrorism (CFT) guidelines in securities market.
2. How can I register for NISM Series XXIV: AML and CFT Provisions in Securities Markets Certification Examination?
Candidates can register for this exam at:
https://certifications.nism.ac.in/nismaol/
After successful registration, candidates may select a test centre, date, and time slot of their choice on the Test Administrator’s website. Candidates are required to follow further instructions available on the Test Administrator’s website.
3.What is the fee structure?
The fees for “NISM Series XXIV: AML and CFT Provisions in Securities Markets Certification Examination” is Seven Hundred Fifty Rupees only (Rs. 750/-) plus taxes.
4. What is the assessment structure?
The examination consists of 50 questions of 1 mark each and should be completed in 1 hour. There is no negative marking. The passing score for the examination is 50 percent.
5. Is there a study material available for preparing for this examination?
You will receive a soft copy of the workbook/study material after enrolment for the examination. For non-receipt of soft copy of the workbook/study material, you may contact the NISM helpdesk at : certification@nism.ac.in
You can also download the soft copy of the workbook/study material from NISM website after keying in your details at : https://api.nism.ac.in/cmp/
6. Do I have to pay for the study material?
You will receive a soft copy of the workbook/study material free of cost after enrolment for the examination. . You can also freely download the soft copy of the workbook/study material from the NISM website.
Candidate can buy NISM workbooks online through Taxmann Publications Private Ltd. Visit https://www.taxmann.com/bookstore/nism-iibf-books.aspx to place your orders for NISM workbooks.
7. I have passed NISM Series XXIV: AML and CFT Provisions in Securities Markets Certification Examination. When will I receive the certificate?
Upon successfully passing the NISM Examination, the NISM certificate will be issued after 72 hours from the date of the exam, provided that your profile is approved as per NISM requirements.
8. Where do I get sample questions for the Certification Examination? How can I appear for a mock test?
Candidates may refer to the chapter-end sample questions and the worked-out examples/ illustrations provided in the workbook. To appear for a mock test, candidates may click here.
9. I have passed NISM Series XXIV: AML and CFT Provisions in Securities Markets Certification Examination and also provided PAN details. However, I have not received the certificate. Whom should I contact?
For non-receipt of certificate, please send an email to certification@nism.ac.in in mentioning your enrolment and exam details.
10. What is the validity period of the certificate?
The certificate will be valid for 3 years from the date of the examination.
11. How do I renew my certificate?
To renew your current certificate, you need to successfully pass the NISM Series XXIV: AML and CFT Provisions in Securities Markets Certification Examination before the expiry of such certificate.
12. Can I request for re-evaluation of NISM Certification Examinations?
NISM Policy on Re-evaluation of performance of candidates appearing for Certification Examination and resolution of doubts about the questions forming part of such examination, if any. Click here for Re-evaluation Policy details.
