The examination comprises three modules as follows:
Module 1: Basic Technical Knowledge
Module 2: Ethics and Code of Conduct
Module 3: Regulations and Monetary Operations
Covered topics and learning objectives can be downloaded from below.
For further details of each module, please visit Education.
Following the relaxation of Foreign Exchange (FX) Regulations as part of the FX Ecosystem Development Plan (effective on Dec 1, 2025), there is an update on FX regulations in Module 3 of the Treasury Dealer Certification (TDC) curriculum and examination. The change will be applied to all TDC candidates' tests starting from March 15, 2026. All candidates who take their TDC examinations on any day from today until March 14, 2026, will still be tested with the current curriculum and study materials.