AICB-CFS Exam Information and Outline
Certificate in Financial Services (CFS)
Syllabus Update Checked on: November 6, 2026
AICB-CFS Exam Syllabus & Study Guide
Before you start practicing with our exam simulator, it is essential to understand the
official AICB-CFS exam objectives. This course outline serves as your roadmap.
The information below reflects the 2026 syllabus defined by
AICB.
Below are complete topics detail with latest syllabus and course outline, that will help you good knowledge about exam objectives and topics that you have to prepare. These contents are covered in questions and answers pool of exam.
- Exam Format
- 80 multiple-choice questions; duration 2 hours (Pearson VUE online)
- 1. Financial Services Sector in Malaysia (15%)
- Malaysian financial system structure
- Banking products and services; payment systems
- Benefits of a well-functioning financial sector; ethics
- 2. Serving Customers: Products, Services and Distribution Channels (13%)
- Bank customers and the role of marketing in financial services
- Distribution channels and marketing strategies
- 3. Principles and Practice of Bank Lending in Malaysia (28%)
- Lending in banking and the credit process cycle
- Legal status of borrowers
- Secured and unsecured lending products
- Credit Mediation Bureau and credit rating agencies
- Credit documentation, information and verification
- Securities, guarantees and indemnities
- Digital innovations in lending
- 4. Risk Management in Banking (20%)
- Definitions, classifications and types of risk
- Risk governance, control functions and methodologies
- Risk management process and emerging risks
- 5. Regulatory Compliance (18%)
- Corporate governance and compliance culture
- Consequences of non-compliance
- AML/CFT and proliferation financing
- 6. Innovation and Key Influences on Malaysian Banking (6%)
- Fintech and innovation in banking
- Green finance, blue finance and Greentech
- UN Principles for Responsible Banking