Fees (₹)
1200
+
Test Duration (in minutes)
0
No. of Questions
0
Maximum Marks
0
Pass Marks* (%)
0
Certificate Validity (in years)#
0
NISM Series-III-A: Securities Intermediaries Compliance (Non-Fund) Certification Examination
The examination seeks to create a common minimum knowledge benchmark for all persons engaged in the compliance function with any intermediary registered as Stock, Depository, Sub-brokers, Participants, Merchant Bankers, Underwriters, Bankers to the Issue, Debenture Trustees and Credit Rating Agencies.
Examination Objectives:
- Understand the structure of financial and securities markets in India; financial intermediaries and the types of products available in the Indian market.
- Understand the regulatory framework and the role of the various regulators in the financial system.
- Understand the Importance of Compliance function and the scope and role of the compliance officer in the Indian securities market.
- Understand the various regulations and rules of the Indian securities market as related to the defined group of intermediaries.
- Understand the importance of compliance of the rules and regulations and the penal actions initiated in case of any default or failure.
Assessment Structure:
Exam Component
Total Marks
Number of Questions
Exam Duration
Negative Marking
Passing Score
Details
100
100 (1 mark each)
2 hours
25% per incorrect answer
60%
