| Q3 Schedule Available | |
| Up to 70% IBF Subsidy and SkillsFuture Credit Claimable |
This programme equips compliance, risk audit, and legal professionals with essential skills to navigate the evolving regulatory landscape. Through core modules and specialised electives, participants gain deep insights into compliance strategy, policy formulation, incident handling, and advanced technologies like data analytics and Regtech.
Core modules cover fundamental compliance aspects, while advanced topics like Compliance Data Analytics focus on leveraging big data, machine learning, and AI to enhance decision-making. Specialisations, such as Financial Crime Monitoring and Regulatory Compliance in Financial Services, allow participants to tailor their learning to the financial industry, ensuring they can navigate complex regulations and manage risks effectively.
The programme offers hands-on learning with seasoned industry experts, using interactive sessions, case studies, and group discussions. Rigorous assessments ensure participants can apply their knowledge practically. Graduates will be eligible for IBF Level 2 certifications and an Advanced Diploma in Compliance Risk Management, positioning them as valuable assets in their organizations and preparing them to tackle regulatory challenges.
This programme is ideal for professionals seeking to advance their compliance risk management capabilities in a rapidly changing environment.
This programme is conducted on a part-time basis and you may select any module or complete the programme in a schedule that best fits you. Modules are delivered through a blended learning pedagogy, building on interactive pre-class online learning for foundation concepts and knowledge, reserving classroom for skills application and topics that have higher complexity. Modules feature assessments to check for learning transfer covered in online and classroom sessions.
The programme is structured with five mandatory core modules along with a choice of one out of two specialisations and one out of four electives.
This programme is taught by Faculty with practitioners and seasoned industry experience in domain areas of expertise. Click here to view the list.
Participants who wish to attend individual modules can select the modules by registering here. Please note that individual modules can only be selected before the respective module’s date of commencement. You will receive a confirmation of acceptance if seats are available for the particular module.
Compliance risks have become the biggest risks for global financial institutions and may threaten the existence of these firms. This module will enable participants to identify and distinguish the major compliance issues and risks, outlining regulators’ expectations of core ethical values of regulated institutions and their compliance systems.
Total Training Duration / CPD Hours: 13
Core FAA CPD: 13
Core SFA CPD: 13
Classroom Hours: 13
Preparatory Hours: 4
Developing, establishing and driving the Compliance strategy and programme, risk appetite and overall compliance direction for the organisation is fundamental, as is ensuring and assuring compliance with applicable rules, regulations and codes of conduct. This module will enable participants to understand approaches to undertake this and roles and responsibilities.
Total Training Duration / CPD Hours: 13
Core FAA CPD: 13
Core SFA CPD: 13
Classroom Hours: 13
Preparatory Hours: 4
Data and data analytics, data governance, data lineage and data quality are critical enablers of effective and efficient customer risk management and compliance monitoring. This module will equip participants with an awareness of these components and address the impact of current digitization trends on the compliance landscape from a KYC/AML perspective.
Total Training Duration / CPD Hours: 13
Classroom Hours: 13
Preparatory Hours: 4
Today’s technologies are able to transform traditional legal and compliance activities (regulatory technology) but require the knowledge to understand such technologies and select appropriate tools for distinct tasks. This module will equip participants with the skills to critically assess different technologies available, define business requirements, implement robust project management and successfully deploy respective tools in the organisation.
Total Training Duration / CPD Hours: 13
Classroom Hours: 13
Preparatory Hours: 4
Despite best efforts to adhere and comply with applicable regulations, compliance incidents occur. Robust management and ensuring lessons learnt are internalized are key. This module will equip participants with the skills and requirements to handle serious compliance incidents in line with regulatory requirements and expectations, including disciplinary sanctions and performance management.
Total Training Duration / CPD Hours: 13
Classroom Hours: 13
Preparatory Hours: 4
Financial Crimes Compliance is a key focus area for regulators locally and globally with significant fines and penalties applied. This module will provide participants with an understanding of Singapore regulations, overview of key financial crime risks and design of financial crime programmes including in the context of a changing technological landscape. The Compliance function also serves to provide challenge and independent oversight through robust compliance monitoring and surveillance. Participants will be able to design, establish and operate effective and efficient monitoring and surveillance programmes and control processes leveraging the use of technology.
Total Training Duration / CPD Hours: 16
Core FAA CPD: 6
Core SFA CPD: 6
Classroom Hours: 16
Preparatory Hours: 4
Developing, establishing and driving the Compliance strategy and programme, risk appetite and overall compliance direction for the organization is fundamental, as is ensuring and assuring compliance with applicable rules, regulations and codes of conduct. This module will enable participants to understand approaches to undertake this and roles and responsibilities.
Total Training Duration / CPD Hours: 16
Core FAA CPD: 6
Core SFA CPD: 6
Classroom Hours: 16
Preparatory Hours: 4
Singapore has established itself as a global financial centre attracting family offices and ultra high networth clients given its political stability, robust regulatory framework, transparency and effective legal system. The Family Office Risk Management and Controls Programme is designed to build capabilities in the family office ecosystem to maintain and safeguard Singapore’s position as an international financial centre with high standards of transparency and compliance risk management and controls.
The programme will equip participants to grasp the regulatory environment for family offices, examine key regulatory and compliance risks, and identify solutions to address and mitigate these risks balancing robust risk management and innovation.
Total Training Duration / CPD Hours: 8.5
Core FAA CPD: 6
Core SFA CPD: 6
Classroom Hours: 8
Preparatory Hours: 4
The ESG (Environment, Social & Governance) landscape in Singapore and globally continues to evolve rapidly. This course equips participants with an understanding of ESG legal, regulatory and compliance risks, the issues and implications for financial services and institutions, and regulatory and compliance strategies and policies to evaluate and mitigate such risks.
This course is suitable for those who are keen to understand the broader legal, regulatory and compliance issues faced by the financial services industry and acquire the knowledge and skills to make informed decisions and manage associated risks and implications in adopting recognised ESG standards.
Total Training Duration / CPD Hours: 8.5
Core FAA CPD: 6
Core SFA CPD: 6
Classroom Hours: 8
Preparatory Hours: 4
Regulators worldwide have introduced regulatory frameworks to regulate digital assets such as digital payment tokens, stablecoins, utility tokens, and digital securities. The emerging financial landscape including fintech and decentralised finance with new digital/virtual asset classes, new business activities products and services and expanded customer segments and access presents opportunities, rewards and risks with attendant legal, regulatory and compliance considerations.
The Digital Assets – Regulatory & Compliance course sets out to provide an understanding of digital/virtual asset classes in the fintech ecosystem, and deepen participants’ understanding of the relevant legal, regulatory compliance and risk issues.
Total Training Duration / CPD Hours: 8
Core FAA CPD: 6
Core SFA CPD: 6
Classroom Hours: 8
Preparatory Hours: 4
Compliance functions play a vital role financial institutions’ risk management efforts. Such role has traditionally been to ensure that financial institutions operate with integrity and adhere to applicable laws, regulations, and internal policies. Increasingly, Compliance functions are challenged to maintain effective Compliance Management Programs (‘CMP’) which prevent and detect instances of non-adherence to internal & external regulations as well as inappropriate business conduct. International regulators responded to several high-profile cases in recent years, and further enhanced and clarified regulatory requirements and supervisory expectations. In many any cases, enforcement proceedings focused on the role of the Compliance function and the effectiveness of the CMP.
Total Training Duration / CPD Hours: 8.5
Classroom Hours: 8
Preparatory Hours: 4
This course is designed for compliance professionals within the financial services sector with at least 3 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.
Minimum Entry Requirements
Graduation Criteria
Useful Links
| Core Modules |
Full Fees (S$) |
Fees after subsidies include 9% GST from 1 Jan 2024 (S$) | |||||
|---|---|---|---|---|---|---|---|
| Before GST | After GST |
|
|
||||
Compliance Risk and Compliance Culture |
2,300.00 | 2,507.00 | 1,357.00 | 897.00 | |||
Compliance Strategy, Policy and Advice |
2,300.00 | 2,507.00 | 1,357.00 | 897.00 | |||
Handling Serious Compliance Incidents & Performance Management |
2,300.00 | 2,507.00 | 1,357.00 | 897.00 | |||
Compliance Data Analytics |
2,300.00 | 2,507.00 | 1,357.00 | 897.00 | |||
Compliance/Regtech and Project Management |
2,300.00 | 2,507.00 | 1,357.00 | 897.00 | |||
| Specialisation Modules |
Full Fees (S$) |
Fees after subsidies include 9% GST from 1 Jan 2024 (S$) | |||||
|---|---|---|---|---|---|---|---|
| Before GST | After GST |
|
|
||||
Financial Crime Monitoring, Surveillance and Controls |
2,800.00 | 3,052.00 | 1,652.00 | 1,092.00 | |||
Regulatory Compliance in Financial Services |
2,800.00 | 3,052.00 | 1,652.00 | 1,092.00 | |||
| Elective Modules |
Full Fees (S$) |
Fees after subsidies include 9% GST from 1 Jan 2024 (S$) | |||||
|---|---|---|---|---|---|---|---|
| Before GST | After GST |
|
|
||||
Family Office Risk Management and Controls |
2,000.00 | 2,180.00 | 1,180.00 | 780.00 | |||
ESG Risk Management and Controls |
1,300.00 | 1,417.00 | 767.00 | 507.00 | |||
Digital Assets – Regulatory & Compliance |
1,300.00 | 1,417.00 | 767.00 | 507.00 | |||
Compliance Change Transformation |
1,300.00 | 1,417.00 | 767.00 | 507.00 | |||
Note:
In addition to Course Fees, each participant will also be charged a non-refundable and non-claimable application fee of S$85 (including GST).
SkillsFuture Credits can be utilised to offset the balance of the programme fees after IBF subsidy. Do note that SkillsFuture Credits cannot be used to offset Application Fees.
Click here to read more about the terms & conditions governing registration, payment, cancellation, deferment and no-show.
The information above is correct at the time of publication. The Wealth Management Institute reserves the right to amend the fees and/or terms and conditions as appropriate.
In addition to Course Fees, each participant will also be charged a non-refundable and non-claimable application fee of S$85 (including GST).
This programme is pending accreditation by the Institute of Banking and Finance (IBF). When accredited, Singaporeans and Permanent Residents will be eligible for funding support of up to 70% course fee subsidy under the IBF Standards Training Scheme (IBF-STS).
Fees shown are after IBF-STS funding. Subsidised fees apply upon participants’ successful completion of the programme, which includes (i) fulfilling minimum attendance requirements and (ii) passing all relevant assessments.
Subsidies are subject to change by IBF and fees will be adjusted based on prevailing funding rates. Click here to read more about funding support for IBF-STS, and terms & conditions governing registration, payment, cancellation, deferment and no-show.
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.
Dates published may be subject to change.
| Modules |
|---|
| Modules |
|---|
Participants who successfully complete the programme will be awarded:
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
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
Research
GFO Circle
Media
Connect With Us
