This module is crafted to equip experienced officers with deeper expertise in managing sanctions and Trade-based Moneylaundering risks. Participants will engage with real-world case studies, ranging from straightforward to complex scenarios, to build analytical and practical skills essential in a global regulatory environment, with a focus on the financial services landscape in Singapore. Through interactive discussion and hands-on exercises, this course will provide insights into global and local sanction frameworks, TBML typologies, risk controls, and the communication of risk frameworks across the organization.
Total Training Duration: 8.5 CPD hours
Classroom Hours:Â 8.5
Preparatory Hours:Â 4
By the end of this module, participants will be able to
This course is designed for compliance professionals within the financial services sector with at least 2 years of relevant experience, including legal, enterprise/operational risk, audit professionals and those in control functions in the first line of defence. It is also relevant for external lawyers, consultants and accountants advising the financial services sector.
Job Families: Compliance Advisory Manager, Financial Crime Compliance Manager, Monitoring, Surveillance and Testing Manager, Compliance Analytics Manager, Know Your Customer/Customer Due Diligence Manager, Operations Risk and Control Manager, Legal Counsel
Useful Links
Participants who successfully complete the programme will be awarded:Â
Accreditation
IBF Accreditation
For more information on the IBF-STS, please visit www.ibf.org.sg/home/for-financial-institutions/resource-tools/skills-framework-for-financial-services.
Certification
About IBF Certification
This course addresses the following Technical Skills and Competencies (TSCs) and proficiency level:
Participants are encouraged to access the IBF MySkills Portfolio (https://www.ibf.org.sg/programmes/Pages/MySkills-Portfolio.aspx) to track their training progress and skills acquisition against the Skills Framework for Financial Services. You can apply for IBF Certification after fulfilling the required number of Technical Skills and Competencies (TSCs) for the selected job role.
Find out more about IBF certification and the application process on https://www.ibf.org.sg/certification/Pages/Why-be-Certified.aspx
Fees and Funding
| Modules | Full Fees (S$) |
Fees after subsidies inclusive of 9% GST (With effect from 1 January 2024) (S$) | ||
|---|---|---|---|---|
| Before GST | After GST | Company-Sponsored | Self-Sponsored | |
Fees and Funding
| Modules | Full Fees (S$) |
Fees after subsidies inclusive of 9% GST (With effect from 1 January 2024) (S$) | ||
|---|---|---|---|---|
| Before GST | After GST | Singaporean Aged Below 40 / PR | Singaporean Aged 40 & Above | |
Fees and Funding
| Modules | Fees after Subsidy (incl. of GST) |
Fees after subsidies inclusive of 9% GST (With effect from 1 January 2024) (S$) | ||||
|---|---|---|---|---|---|---|
| Category | |||
|---|---|---|---|
| 2 | |||
| 1 | Not Applicable | ||
1 For Singaporeans aged 40 and above, you are eligible to utilise the SkillsFuture Credit (Mid-Career) further to offset your course fee after the IBF subsidy.
2 Fees shown are after IBF-STS funding assuming students meet the minimum academic standards outlined by IBF and are physically based in Singapore. The fees are also subject to IBF accreditation approval for all modules.
Fees and Funding
Modules |
Full Fees (S$) |
Fees after subsidies inclusive of 9% GST (With effect from 1 January 2024) (S$) | |||||
|---|---|---|---|---|---|---|---|
| Before GST | After GST |
|
|
||||
| Course Fees | 1,300.00 | 1,417.00 | 767.00 | 507.00 | |||
Fees and Funding
Modules |
Full Fees (S$) |
Fees after subsidies inclusive of 9% GST (With effect from 1 January 2024) (S$) | ||
|---|---|---|---|---|
| Before GST | Below 40 | 40 & Above | ||
Note:
Prices shown are based on the prevailing IBF-STS subsidies. T&Cs apply.
Click here to read more about the terms & conditions governing registration, payment, cancellation, deferment and no-show.
Eligible SG citizens may utilise SkillsFuture Credit to offset course fees. This is only applicable for the regular SkillsFuture Credit, and not applicable for the SkillsFuture Credit (Mid-Career) additional top-up funding.
#Unfunded course fee refers to the balance course fee payable after applicable government subsidies. This may include materials fees, registration fees and misc fees.
The information above is correct at the time of publication. Wealth Management Institute reserves the right to amend the fees and/or terms and conditions as appropriate.
| Modules |
|---|
We are pleased to welcome Serhane Victor, Head Sanctions Compliance ASEAN and South Asia at Standard Chartered Bank Singapore, as our guest speaker.
Serhane will share insights drawn from recent sanctions developments, detection and investigation approaches, and the interplay between legal and regulatory measures. His case studies and experiences will provide participants with applied, operational guidance on strengthening sanctions risk management and implementing effective mitigation strategies.
