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1. Launch of Derivatives Market (Dealers) Module Test in Hindi language

NCFM – Derivatives Market (Dealers) Module is presently in English and Gujarati language. There have been many requests received for tests to be conducted in Hindi language as well.

In view of the above, Derivatives Market (Dealers) Module test in Hindi language is being introduced with effect from June 19, 2008. The workbook for the module remains in English only.





2. NCFM - MUMBAI TEST CENTRE - Change of address w.e.f. May 2, 2008

With effect from May 2, 2008, the NCFM test centre at Mumbai is shifting to the following premises:

National Stock Exchange of India Ltd.
NCFM – Mumbai Test Centre
United India Building, 2nd Floor,
Near Kashmir Emporium,
Sir Phirozeshah Mehta Road,
Fort, Mumbai - 400 001.

All candidates are required to take note of the same.

However, all correspondences (forms/payments) etc. may continue to be sent to the Bandra- Kurla Complex address:
NCFM Department
National Stock Exchange of India Ltd.
"Exchange Plaza",
Bandra Kurla Complex,
Bandra (East),
Mumbai-400051.






3. Change of address of NCFM test centre at Chennai only on 02 May 2008

Please note that only for May 02, 2008, NCFM test at Chennai will be held, instead of NSE Chennai office, at the following premises:

Reliance Web World
No 51/27 TTK Road
Alwarpet,
Chennai-600018





4. NSEIL Chennai office - Change of address w.e.f. 07 April 2008

With effect from 07 April 2008, NSEIL Chennai office will be operating from their new premises. The New address is as follows :

National Stock Exchange of India Ltd.
2nd Floor, Ispahani Centre,
Door No 123-124,
Nungambakkam High Road,
Nungambakkam,
Chennai - 600 034.

Please note that NCFM exams will be held at Chennai - Reliance Web World (Alwarpet) on 07 April 2008 and at the new premises at Chennai w.e.f 08 April 2008.





5. Launch of Derivatives Market (Dealers) Module Test in Gujarati language

All the NCFM modules are presently in English language. There have been many requests received for tests to be conducted in Gujarati language as well.

In view of the above, to begin with, Derivatives Market (Dealers) Module test in Gujarati language is being introduced. The workbook for the module remains in English only.




6. Payment by Debit Card

Candidates now also have the option to make on-line payment towards NCFM test fees using Debit Cards (only HDFC, AXIS, SBI, ICICI and Karur Vysya Bank debit cards).




7. NCFM Tests at NSE Mumbai on Saturdays. (Online enrollments)

NCFM tests have been started for NSE Mumbai office on Saturdays in addition to the working days. (Monday- Friday). The mode of enrollments will be online. Candidates are requested to check the website National Stock Exchange of India Ltd. > NCFM Online facility to enroll themselves for the exams.





8. NCFM Tests at Bangalore and Pune on Fridays. (Online enrollments)

NCFM tests have been started for Bangalore and Pune test centres on Fridays in addition to the usual tests being conducted on Saturdays. The tests will be held at Bangalore-Malleshwaram and Pune-F C Road. The mode of enrollments will be online. Candidates are requested to check the website National Stock Exchange of India Ltd. > NCFM Online facility to enroll themselves for the exams.




9. Daily Test Schedule of Chennai, Mumbai & Delhi Offices:

Candidates who have applied for NCFM Tests for various modules at Chennai / Mumbai Test Centers and have confirmed dates either through submission of form personally or through Fax / courier / e-mail confirmations, may kindly verify their enrollment status in the list displayed. Daily updations will be carried out and candidates are requested to inform us in case of any discrepancies observed.







10. Launch of NCFM Online Registration & Enrollment facility

We have launched NCFM Online Enrollment facility for various Non-NSE centres.like Pune, Bangalore, Cochin, Goa and Mangalore. For more details see Forthcoming / Currently scheduled tests.





11. NCFM Online Login id for Corporates

NCFM has launched the online login facility for corporates whereby the corporates will be able to enroll their candidates online themselves through a corporate login id that will be created for them. Corporates would be required to make a consolidated payment to NSE which can then be utilized by them for enrolling their candidates through the corporate login id. The payment can be made by means of a demand draft favouring “National Stock Exchange of India Limited” or through the online netbanking facility through BOI, AXIS and HDFC Bank. (For paying through HDFC Net Banking Interface the corporates would be required to have Retail HDFC Bank Account.)

Corporates who wish to avail of this facility may fill in the format attached herewith and send the same to us on their letterhead following which the corporate user id would be created for them.



12. Launch of New Modules

NCFM has launched new modules.

1. Financial Market : Beginner's Module
2. Corporate Governance
3. Compliance Officer (Brokers) Module
4. Compliance Officer (Corporates) Module

For further details on these modules please click here



13. Association of Mutual Funds in India - New Address

With effect from Monday, 17 July 2006, Association of Mutual Funds In India will be operating from their new premises.The address and new telephone numbers are as under:

ASSOCIATION OF MUTUAL FUNDS IN INDIA
709, RAHEJA CENTRE,
FREE PRESS JOURNAL MARG,
NARIMAN POINT,
MUMBAI - 400 021.

Telephone Nos.:6610 1886/7, 2287 6338/9
Fax Nos.:6610 1889/6610 1916





14. Launch of Information Security Auditors Module

Information security is gaining importance in today’s corporate environment where a vast amount of information is being processed by organisations on a day to day basis. Information Security Audit is an audit of how the confidentiality, availability and integrity of an organization’s information are assured. An information security audit is one of the best ways to determine the security of an organization’s information without incurring the cost and other associated damages of a future security incident. It provides a fair and measurable tool, to examine how secure a site and processes and systems really are. Even today, it is possible to find a number of organizations where a written security policy does not exist. Security policies are a means of standardizing security practices by having them codified. When security practices are unwritten or informal, they may not be generally understood and practiced by all employees in the organization. Without a well defined audit of the systems and processes, there is a great risk of misuse, negligence, fraud and security incidences which could have large ramifications for the organizations and the market place. A well defined, objective, information security audit should form a part of every organization’s policy.

Information Security Auditors will provide an independent, objective and unbiased evaluation of systems, process, controls, in place in an organisation to effectively handle information and data integrity issues. The module would be useful for those who are assigned the task of undertaking information security audits for entities in the financial markets. The module would consist of two parts: Information Security Auditors Module (Part-1) and Information Security Auditors Module (Part-2) of 2 hours duration each. Only on successfully clearing both the parts candidate would be provided with the 'Certified Information Security Auditor for Financial Markets' certification.

The module is being developed with the assistance of iSec Services Pvt. Ltd. (iSec), which is an information security consulting company providing information security compliance, assurance, audit, training etc.

Contact details of iSec Services Pvt. Ltd.

Delhi: B 1/1810, Vasant Kunj
New Delhi - 110 070
Telefax: (011) 26123369

Mumbai: B 102, Patliputra CHS
4, Bunglows
Mumbai - 400 053
Telefax: (022) 26300209

Email: contactus@isec.co.in
Website:iSec: Information Security Audit, Assessment, Compliance and Assurance Services




15. Derivatives Market Dealers Module Workbook - Updates

Updations have been made to the existing Derivatives Market Dealers Module workbook with immediate effect. Candidates are requested to consider the same while preparing for the NCFM test in Derivatives Market Dealers Module.






16. Study Material for candidates making payment by cash deposit

Candidates, who have made cash payments w.e.f. 12 December, 2007 need not request for the study material. The course material for the module/s (except AMFI-Mutual Fund Modules, Corporate Governance Module and Compliance Officers Modules) requested by the candidates, at the time of generating the deposit slip, will be dispatched by courier/post within 7 working days. In case the same is not received within the given time frame, please contact M/s. Transworld Couriers on Tel nos. 022-23706059/60/61/62.