100+ Free FSMA Bankbemiddeling Practice Questions

Prepare for the FSMA Knowledge Exam for Intermediaries in Banking and Investment Services (Wet Willems) exam with instant access — no signup required.

✓ No registration✓ No credit card✓ No hidden fees✓ Start practicing immediately

100+ Questions

100% Free

Loading practice questions...

Same family resources

Explore More FSMA Belgian Financial Intermediation Knowledge Exams

Continue into nearby exams from the same family. Each card keeps practice questions, study guides, flashcards, videos, and articles in one place.

FSMA Credit Intermediation Exam (Belgium)

Practice Questions100 questions

2026 Statistics

Key Facts: FSMA Bankbemiddeling Exam

4 x 20

Official MCQs per module (80 items in a full sitting)

Febelfin Academy Wet Willems course page

60%

Pass mark required on each module

Febelfin Academy

3 hours

Maximum session time (about 30 minutes per module)

Febelfin Academy

EUR 120

Exam-only fee per module at Febelfin Academy

Febelfin Academy

EUR 520 / 600

Four-module distance package (members and BZB / non-members)

Febelfin Academy

15 days

Wait before a retake; retake fee EUR 45

Febelfin Academy

15 Jan 2026

Updated knowledge requirements apply from this date

Febelfin Academy FAQ on exam content

nl / fr / en

Official Febelfin Academy course and exam languages

Febelfin Academy language switcher on the Wet Willems course

The 2026 FSMA Wet Willems bank-intermediation exam is four 20-question MCQ modules (80 official items), 60% per module, max 3 hours, no negative marking. Febelfin Academy lists exam-only EUR 120 per module and a four-module package of EUR 520/600. This page is a free English MCQ study aid, not the official paper.

Sample FSMA Bankbemiddeling Practice Questions

Try these sample questions to test your FSMA Bankbemiddeling exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1Under Belgium's twin-peaks model of financial supervision, which split of responsibilities is correct?

A.Febelfin Academy licenses banks and the FSMA only runs training exams

B.The FSMA handles prudential soundness of banks, and the NBB handles conduct of business

C.The NBB handles prudential supervision, and the FSMA handles conduct, markets, and products

D.The ECB is the sole supervisor of every Belgian intermediary and product

Explanation: Belgium's twin-peaks architecture, reinforced by the Law of 2 July 2010, separates prudential supervision from conduct supervision. The National Bank of Belgium (NBB) focuses on the soundness of institutions. The FSMA focuses on conduct of business, financial markets, products, and the professional knowledge of intermediaries.

2What is the Wet Willems in the context of this exam?

A.The Belgian deposit-guarantee statute that sets the EUR 100,000 cap

B.The MiFID II implementing royal decree on suitability reports

C.The Febelfin internal code of ethics for academy tutors

D.The Law of 22 March 2006 on intermediation in banking and investment services

Explanation: Wet Willems is the Law of 22 March 2006 on bemiddeling in bank- en beleggingsdiensten. It is the statutory basis for quality intermediation and for the knowledge requirements tested in this FSMA-recognised exam. The Royal Decree of 1 July 2006 (including Art. 7) details those knowledge requirements.

3A client asks who supervises whether a Belgian bank is financially sound enough to keep taking deposits. The best first answer is:

A.the FSMA, because it registers every tussenpersoon

B.CTIF-CFI, because it authorises credit institutions

C.the NBB (and, for significant banks, the ECB under the SSM) for prudential supervision

D.the Guarantee Fund, because it sets capital ratios

Explanation: Prudential supervision of credit institutions is an NBB task. Significant banks also fall under the ECB Single Supervisory Mechanism. The FSMA's peak is conduct, markets, products, and intermediary knowledge, not the core solvency of the bank.

4Under the EU Deposit Guarantee Schemes Directive as applied in Belgium, covered deposits at a credit institution are generally protected up to:

A.EUR 20,000 per person per institution

B.EUR 50,000 per account, regardless of how many holders

C.EUR 100,000 per person per credit institution

D.the full balance on every regulated savings account, with no cap

Explanation: The Belgian Guarantee Fund reimburses eligible deposits up to EUR 100,000 per person per credit institution. Current, savings, and term balances at the same bank are aggregated before the cap is applied. Financial instruments have a separate, lower Protection Fund cover.

5A branch employee wants to email a client's full account history to a personal Gmail address so work can continue over the weekend. The privacy-law problem is primarily that:

A.only the NBB may hold copies of client statements

B.weekend work is forbidden under Wet Willems

C.personal data must be processed for a legitimate, limited purpose with appropriate security, not copied onto an unmanaged private mailbox

D.GDPR never applies to banks because banking secrecy is a complete exemption

Explanation: Module 1 covers protection of private life. Client account data are personal data. Purpose limitation, data minimisation, and security mean staff must use the bank's controlled systems. Copying statements to a private mailbox creates an unnecessary, insecure processing operation.

6In civil-law terms, a valid contract generally requires:

A.a notarial deed in every case, including a simple current-account opening

B.prior written FSMA approval of the contract wording

C.consideration in the common-law sense, even if Belgian law does not use that concept

D.consent of the parties, capacity, a definite object, and a lawful cause

Explanation: Belgian contract law (Burgerlijk Recht) still teaches the classic validity conditions: consent, capacity, object, and cause. A bank product is a contract. If a party lacks capacity or the object is unlawful, the contract is vulnerable even if the screen said 'accept'.

7A client gives a bank employee a written mandaat to open a savings account in the client's name. The employee is acting:

A.as the UBO of the account for AML purposes

B.as the account holder, so the employee's own tax ID is used

C.as a representative, so rights and duties fall on the client as principal

D.as a surety (borg) for any future overdraft

Explanation: A mandate (mandaat / mandat) is authority to act for another. The principal, not the agent, becomes the account holder. The agent must stay within the powers granted and must not confuse the mandate with ownership or with security.

8Who is a persoon in contact met het publiek (PCP) in a regulated Belgian firm?

A.The FSMA case handler assigned to the firm's file

B.Only the statutory auditor (bedrijfsrevisor) who signs the annual accounts

C.A person who, in the course of the firm's activity, has contact with the public about the relevant services or products, such as a counter clerk or relationship manager

D.Any shareholder who holds more than 10% of the shares, even with no client contact

Explanation: PCP is a legal role in the intermediation statutes. It covers staff who deal with the public on the firm's regulated activity — typical examples are loketbedienden and relatiegelastigden. Those persons must meet the professional-knowledge rules that apply to their actual activity.

9The Royal Decree of 1 July 2006 is important for this exam because it:

A.designates the FSMA-recognised exam centres and fixes their fees

B.sets the EUR 100,000 deposit-guarantee ceiling

C.contains the knowledge requirements for bank- and investment-services intermediation, including Art. 7

D.creates the ECB's monetary-policy mandate

Explanation: Febelfin Academy expressly ties the technical knowledge in this pathway to Art. 7, §1 of the Royal Decree of 1 July 2006. The decree operationalises Wet Willems knowledge requirements. Candidates should treat the four modules as that knowledge map, not as a generic bank quiz.

10Banking secrecy in Belgium means a staff member should:

A.share files freely with family members who also work in finance

B.refuse all information to any public authority, including CTIF-CFI and the courts

C.keep client financial information confidential, while still complying with lawful AML, tax, and supervisory duties

D.publish client names on the bank's website to aid transparency

Explanation: Professional secrecy protects the client's financial privacy against idle disclosure. It is not a shield against AML reporting, legitimate supervisory requests, or other duties laid down by law. The skill is to stay silent commercially and speak when the statute requires it.

About the FSMA Bankbemiddeling Exam

Belgium's FSMA knowledge exam for tussenpersonen in bank- en beleggingsdiensten is the professional-knowledge requirement under the Law of 22 March 2006 (Wet Willems) and the Royal Decree of 1 July 2006. It is an FSMA knowledge requirement, not a Febelfin-only course quiz: Febelfin Academy, BZB-Fedafin (Edfin), and UPCA/Feprabel (Brokers Academy) are recognised providers. A full sitting is four 20-question multiple-choice modules with no negative marking, a 60% pass mark per module, and a session cap of 3 hours. Delivery is in person in Brussels (Febelfin Academy Phoenix, Koning Albert II-laan 19) or online with ProctorExam. Official materials and the exam are available in Dutch, French, and English at Febelfin Academy. Updated knowledge requirements apply from 15 January 2026. Modules 3 and 4 can be optional for some PCP roles under the FSMA stappenplan, but the full exam identity covers all four modules. This English four-option bank is a study adaptation — not an official translation or format simulation.

Assessment

Legal basis: Law of 22 March 2006 (Wet Willems) on intermediation in banking and investment services, with knowledge requirements in the Royal Decree of 1 July 2006 (including Art. 7). Four modules, each a separate 20-question MCQ: (1) Basisbeginselen van het bank- en financiewezen, (2) Compliance, (3) Betalingsverkeer en spaarproducten, (4) Beleggingsproducten en beleggingsadvies. All modules on the same sitting date; session maximum 3 hours (about 30 minutes per module). Pass 60% per module. Knowledge requirements were updated; new matter applies from 15 January 2026. This page's English four-option MCQs are a study adaptation — not an official translation, not a Febelfin-only course quiz, and not a simulation of a recognised provider paper.

Time Limit

Maximum 3 hours for the session (about 30 minutes per module)

Passing Score

60% per module (12/20); modules scored separately, no negative marking

Exam Fee

Exam-only EUR 120 per module. Syllabus + practice + exam: EUR 130 member / EUR 150 non-member per module (BZB partner EUR 130). Four-module distance package: EUR 520 members / EUR 600 non-members / EUR 520 BZB. Retake EUR 45. (FSMA (exam delivered by recognised providers including Febelfin Academy))

FSMA Bankbemiddeling Exam Content Outline

25%

Basisbeginselen van het bank- en financiewezen

Banking environment, civil-law basics (capacity, contracts, security), foundations of Belgian banking law including twin-peaks supervision, and privacy.

25%

Compliance

Compliance role, level playing fields, bank deontology, client information duties, and AML/CFT under the Law of 18 September 2017 (including CTIF-CFI reporting).

25%

Betalingsverkeer en spaarproducten

Accounts, SEPA and PSD2 payment services, regulated savings and deposits, JKP/APR-style cost comparison, and deposit-guarantee mechanics.

25%

Beleggingsproducten en beleggingsadvies

Markets and monetary policy, shares, bonds, ICB/UCITS, derivatives, and MiFID II suitability versus appropriateness for investment advice.

How to Pass the FSMA Bankbemiddeling Exam

What You Need to Know

Passing score: 60% per module (12/20); modules scored separately, no negative marking
Assessment: Legal basis: Law of 22 March 2006 (Wet Willems) on intermediation in banking and investment services, with knowledge requirements in the Royal Decree of 1 July 2006 (including Art. 7). Four modules, each a separate 20-question MCQ: (1) Basisbeginselen van het bank- en financiewezen, (2) Compliance, (3) Betalingsverkeer en spaarproducten, (4) Beleggingsproducten en beleggingsadvies. All modules on the same sitting date; session maximum 3 hours (about 30 minutes per module). Pass 60% per module. Knowledge requirements were updated; new matter applies from 15 January 2026. This page's English four-option MCQs are a study adaptation — not an official translation, not a Febelfin-only course quiz, and not a simulation of a recognised provider paper.
Time limit: Maximum 3 hours for the session (about 30 minutes per module)
Exam fee: Exam-only EUR 120 per module. Syllabus + practice + exam: EUR 130 member / EUR 150 non-member per module (BZB partner EUR 130). Four-module distance package: EUR 520 members / EUR 600 non-members / EUR 520 BZB. Retake EUR 45.

Keys to Passing

Work through all 100 available questions
Review every answer and explanation
Track weak areas and revisit them
Use our AI tutor for tough concepts

FSMA Bankbemiddeling Study Tips from Top Performers

1Book the modules your FSMA role actually requires. Many PCP roles still need modules 1 and 2; modules 3 and 4 follow the stappenplan, not guesswork.

2Treat the four papers as four gates: 60% on three modules and 55% on the fourth is still a fail for the weak module.

3Memorise the twin-peaks split: NBB prudential soundness, FSMA conduct, markets, products, and intermediary knowledge rules.

4Practise deposit-guarantee arithmetic at EUR 100,000 per person per credit institution, aggregating current, savings, and term balances at the same bank.

5For compliance, rehearse the AML sequence: identify and verify, understand the purpose of the relationship, monitor, and report suspicions to CTIF-CFI without tipping off the client.

6On investments, separate suitability (advice / portfolio management) from appropriateness (execution with a complexity check) and execution-only for non-complex instruments.

7Use English practice here, then sit timed Dutch, French, or English items on the provider platform before exam day. Official papers are 20 questions per module, not this 100-item bank.

Frequently Asked Questions

Is this the official FSMA or Febelfin Academy exam?

No. This page is a free English-language multiple-choice study adaptation of the Wet Willems knowledge domains. It is not an official translation of a recognised provider paper, not a simulation of the digital MyFA sitting, and not a substitute for an FSMA-recognised certificate.

How many questions are on the official bankbemiddeling exam?

Febelfin Academy states that you sit a separate exam per module. Each module has 20 multiple-choice questions with no negative marking. A full four-module sitting is therefore 80 official items. This site's 100 four-option questions are a study bank (25 per module), not that official count.

What is the pass mark and timing?

You must score at least 60% on each module. A session lasts at most 3 hours; allow about 30 minutes per module. All modules must be taken on the same booked date.

What does the exam cost at Febelfin Academy?

Exam-only is EUR 120 per module. With syllabus and practice platform: EUR 130 for members and BZB-Fedafin partners, EUR 150 for non-members, per module. The four-module distance package is EUR 520 for members and BZB and EUR 600 for non-members. A retake is EUR 45 after a 15-day wait.

In which languages can I sit the exam?

Febelfin Academy publishes the Wet Willems course and exam pathway in Dutch, French, and English. Official recognised papers are not this site's English four-option bank. Use this set to learn the substance, then practise in the language of your booked sitting.

Do all candidates need all four modules?

The full exam identity includes all four modules. Febelfin Academy notes that modules 3 and 4 can be optional for some PCP roles and refers candidates to the FSMA stappenplan beroepskennis. Intermediaries and many responsible persons need the knowledge required for their actual activity.

When did the 2026 knowledge update apply?

Febelfin Academy states that the knowledge requirements were updated and that new matter applies from 15 January 2026. Sittings through 14 January 2026 could still use the previous matter.

Is this a Febelfin-only certificate?

No. It is the FSMA knowledge requirement for bank- and investment-services intermediation. FSMA has recognised exams organised by BZB-Fedafin (Edfin), Febelfin Academy, and UPCA/Feprabel (Brokers Academy). A pass produces an FSMA-recognised certificate for the registration file.