How long is the NISM Series IFSCA-01 exam?

The exam runs for 60 minutes and carries 50 marks in total.

How long is the NISM Series IFSCA-01 certificate valid?

NISM certifications are generally valid for 3 years from the date of passing, after which they must be renewed. Confirm the current position on nism.ac.in before your certificate lapses.

NISM Series IFSCA-01

AML and Counter-Terrorist Financing in the IFSC

For staff at entities operating in GIFT City / IFSC, covering the AML and counter-terrorist-financing rules specific to that jurisdiction.

Exam pattern

Duration: 60 min
Total marks: 50
Pass mark: 50% (25)
Negative marking: None

There is no negative marking, so never leave a question blank — an uncertain guess costs you nothing.

Syllabus and chapter weightage

Chapter weightages below are evenly distributed — this workbook does not publish a per-chapter table in a machine-readable form. Treat them as indicative.

1Combating the Financing of Terrorism (CFT) and Proliferation Financing (PF)13%
2Prevention of Money Laundering Act, 2002 The Prevention of Money-laundering (Maintenance of13%
3713%
4Scheduled Offences Financing (CTF) and Know Your Customer (KYC) IFSCA (Anti Money Laundering, Counter Terrorist-13%
5813%
6IFSCA Guidelines for KYC norms13%
7Discussion on PMLA related Cases Financial Action Task Force and Its Recommendations13%
86 on AML and CFT13%

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Frequently asked questions

What is the passing mark for NISM Series IFSCA-01?: You need 50% to pass NISM-Series-IFSCA-01: AML and Counter-Terrorist Financing in the IFSC. On a 50-mark paper that is 25 marks.
Is there negative marking in NISM Series IFSCA-01?: There is no negative marking, so never leave a question blank — an uncertain guess costs you nothing.
How long is the NISM Series IFSCA-01 exam?: The exam runs for 60 minutes and carries 50 marks in total.
How long is the NISM Series IFSCA-01 certificate valid?: NISM certifications are generally valid for 3 years from the date of passing, after which they must be renewed. Confirm the current position on nism.ac.in before your certificate lapses.