Frequently Asked Questions – NISM-IFSCA-01: Certification Course on Anti Money Laundering and Counter Terrorist Financing in the IFSC

Frequently Asked Questions (Frequently Asked Questions – NISM-IFSCA-01: Certification Course on Anti Money Laundering and Counter Terrorist Financing in the IFSC)

1.  Who can take “ NISM-IFSCA-01: Certification Course on Anti Money Laundering and Counter Terrorist Financing in the IFSC?

The NISM-IFSCA-01 Anti Money Laundering and Counter Terrorist Financing in IFSC Certification Examination is suitable for the regulated entities operating in the International Financial Services Centre (IFSC) domain.

2.  How can I register for NISM-IFSCA-01: Certification Course on Anti Money Laundering and Counter Terrorist Financing in the IFSC?

Candidates can register for this exam at:

https://cert.nism.ac.in/

After successful registration, candidates may select a test centre, date, and time slot of their choice on the NISM website. Candidates are required to follow further instructions available on the NISM’s Certification Portal (https://cert.nism.ac.in/)

3. What is the fee structure?

The fees for “ NISM-IFSCA-01: Certification Course on Anti Money Laundering and Counter Terrorist Financing in the IFSC” is Seven Hundred Fifty Rupees (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 (https://api.nism.ac.in/cmp/).

7. I have passed NISM-IFSCA-01: Certification Course on Anti Money Laundering and Counter Terrorist Financing in the IFSC. When will I receive the certificate?

Upon successfully passing the NISM Examination, the certificate will be issued after 72 hours from the date of the exam, provided that your profile is approved as per NISM’s 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

9. I have passed NISM-IFSCA-01: Certification Course on Anti Money Laundering and Counter Terrorist Financing in the IFSC 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  mentioning your enrolment number.

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-IFSCA-01: Certification Course on Anti Money Laundering and Counter Terrorist Financing in the IFSC before the expiry of such (existing) certificate.

12. Can I request for re-evaluation of NISM Certification Examinations?

Please refer to NISM’s re-evaluation policy that is applicable to all candidates of NISM’s certification examinations.