ICAI FMSL Assessment Test on 21 June 2026: Complete Guide
ICAI Announces Online Assessment Test for Certificate Course on Financial Markets and Securities Laws (FMSL) on 21 June 2026
The Financial Markets and Investors’ Awareness Committee of ICAI has announced the upcoming Online Assessment Test for participants of the Certificate Course on Financial Markets and Securities Laws (FMSL).
Assessment Test Details
Date: 21 June 2026 (Sunday)
Mode: Online Examination through ICAI Digital Learning Hub
Examination Schedule
| Paper | Time | Coverage | Marks |
|---|---|---|---|
| Paper I | 10:00 AM – 1:00 PM (IST) | Chapters 1 to 7 | 100 Marks (100 MCQs) |
| Paper II | 3:00 PM – 6:00 PM (IST) | Chapters 7 to 14 | 100 Marks (100 MCQs) |
Registration and Authentication Requirements
Candidates must complete the mandatory face authentication process through the ICAI Digital Learning Hub on or before 18 June 2026 (1:30 PM IST).
Failure to complete the authentication process within the prescribed timeline may result in ineligibility to appear for the assessment test.
Assessment Fee
- Participants enrolled in the 9th batch are exempt from examination fees.
- Participants belonging to earlier batches are required to pay an assessment fee of ₹1,180 through the payment link available after login to the learning portal.
Eligibility Requirements
Members intending to appear for the assessment test should ensure that they meet the following conditions:
- Possess an active ICAI Membership Number.
- Achieve the minimum attendance requirement prescribed for the virtual professional training programme.
- Have access to a desktop or laptop with reliable internet connectivity.
- Use a device equipped with a functioning camera.
- Maintain an active account on the ICAI Digital Learning Hub using SSP credentials.
- Complete face registration and authentication before the specified deadline.
- Upload a recent photograph on the SSP portal.
- Successfully complete the live facial verification process during authentication.
Important Guidelines
- The assessment test will be conducted online through the ICAI Digital Learning Hub as per the notified schedule.
- Candidates should verify their login credentials and access to the learning platform well in advance of the examination date.
- Any technical or login-related concerns should be resolved before the examination day by contacting the designated support teams.
- Applications or requests received after the prescribed deadlines may not be considered for the current examination cycle.
- The assessment will comprise two papers:
- Paper I: Chapters 1–7
- Paper II: Chapters 7–14
Support and Assistance
For any queries relating to the FMSL Assessment Test, candidates may contact the Secretariat of the Financial Markets and Investors’ Awareness Committee through the official communication channels made available by ICAI.
Members are advised to complete all compliance requirements, including face authentication and portal access verification, well before the examination date to avoid last-minute issues.
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