NISM Series III-B Issuers Compliance Practice Exam

The NISM Series III-B: Issuers Compliance Certification Examination is conducted by the National Institute of Securities Markets (NISM) in India. This exam validates an individual's understanding of the regulatory requirements and compliance procedures for companies issuing securities in the Indian capital market.

Who Should Take This Exam?

This NISM certification is targeted towards professionals associated with listed companies or companies planning to go public in India, including:

• Compliance Officers
• Company Secretaries
• Legal Officers
• Finance Professionals involved in Issuer Compliance

These individuals play a critical role in ensuring the company adheres to the regulations set forth by the Securities and Exchange Board of India (SEBI).

Prerequisites

There are no formal prerequisites for taking the NISM Series III-B Issuers Compliance exam. However, a basic understanding of the Indian capital market structure and relevant regulations would be beneficial.

Roles and Responsibilities in Issuer Compliance

• Understanding listing requirements and procedures
• Preparing and filing required disclosures with SEBI
• Maintaining corporate governance standards
• Complying with ongoing disclosure requirements
• Responding to regulatory inquiries

Exam Details

• Exam Format: Multiple-choice questions (100 questions of 1 mark each)
• Delivery Method: Typically offered through NISM empanelled testing centers
• Duration: 2 hours
• Passing Score: Minimum 60% of the total marks (with negative marking for incorrect answers)
• Validity: The certification is valid for three years.

Course Outline

NISM Series-III-B: Issuers Compliance Exam covers the following topics - 

• Introduction to Indian Capital Market
• Understand the Capital Market Regulations
• Discuss the role of Compliance Officer
• Understand how to Raise Capital from the market
• Understand the Role of Compliance Officer in IPO
• Understand the Role of Compliance Officer in other public Issues
• Know about the ways to Raise money from foreign market
• Know about the Ongoing Compliance Requirements