| 2025 Schedule Available | |
| Up to 70% IBF Subsidy and NTUC UTAP Funding |
Led by senior leaders and practitioners in Singapore’s financial services industry, the Certified Compliance Officer programme offers new joiners or mid-career switchers a comprehensive overview of the latest regulatory developments and practical guidance on implementing and enforcing compliance policies effectively. Participants will learn about critical regulations such as MAS Notice 626, the Banking Act, SFA, and FAA, as well as risk management, and data privacy. The interactive learning environment enables engagement with senior leaders and peers alike. Upon completion, participants will be equipped with the knowledge and tools necessary to enhance compliance practices, mitigate risks, and promote ethical behaviour in their financial institutions.
Two modes of study: Standalone and/or Stackable
Each module covers different topics and subject matters. They can be taken individually or together, to cater to the varying focus and interests of each firm, talent and professional. Participants must complete a total of 4 modules – 3 compulsory modules and 1 specialist module out of the 3 possible options. A participant who passes all 3 compulsory modules and 1 specialist module will be awarded the Certified Compliance Officer certification.
The compulsory modules are:
The specialist modules are:
The Foundation Compliance – Risks, Ethics and Culture course is a programme designed to equip individuals with essential compliance knowledge and skills. Accredited at IBF Level 1, it is ideal for anyone seeking to understand the importance and functioning of compliance within Singapore’s financial industry. The course offers a comprehensive overview of ethical practices, risks, and culture, providing participants with the necessary tools to foster a culture of compliance within their organization. Through the program, participants will gain insight into Singapore’s regulatory framework and learn how to identify, mitigate and manage compliance risks. Overall, This programme is an excellent starting point to enhance their compliance knowledge and skills and is essential for anyone seeking to excel in the financial services industry in Singapore.
Total Training Duration / CPD Hours: 8
Core FAA CPD: 6
Core SFA CPD: 6
Classroom Hours: 8
Preparatory Hours: 3
The Foundation Compliance Policy programme is designed to equip individuals with the knowledge and skills needed to implement effective compliance policies based on regulatory requirements in Singapore’s financial industry. Accredited at IBF Level 1, this programme provides participants with a comprehensive understanding of the regulatory landscape in Singapore and how to apply regulatory requirements when developing and implementing compliance policies. Through the program, participants will learn how to identify, mitigate, and manage compliance risks, and implement compliance policies that adhere to regulatory requirements.
Total Training Duration / CPD Hours: 8
Core FAA CPD: 0
Core SFA CPD: 0
Classroom Hours: 8
Preparatory Hours: 3
The module will equip participants with industry knowledge of the key laws and regulations governing the products, the sale of products and services, and other activities in different segments in financial services. Participants will also learn about the features of relevant products and the risks associated.
Total Training Duration / CPD Hours: 2.5
Core FAA CPD: 2.5
Core SFA CPD: 2.5
E-Learning Hours: 2.5
Preparatory Hours: 0
The Foundation Financial Crime Compliance Course is designed to equip new and junior employees engaged in Financial Crime Compliance (FCC) activities with key skills and knowledge. Participants will be able to describe and explain the types of financial crimes related to AML, CTF, Sanctions, Anti Bribery & Corruption, Fraud, and proliferation financing, as well as understand the role and functions of financial crime compliance, relevant legal and regulatory requirements, key risks, and typologies. Participants will also be able to apply processes for customer onboarding, due diligence, screening, monitoring, and surveillance.
Total Training Duration / CPD Hours: 8
Core FAA CPD: 6
Core SFA CPD: 6
Classroom Hours: 8
Preparatory Hours: 3
The Foundation Regulatory Compliance programme offers participants an overview and understanding of financial services products, services, and intermediaries, as well as core legal and regulatory requirements, frameworks, and codes. Through this course, participants will develop a comprehensive understanding of the regulatory landscape within the financial services industry, including the expectations and standards set by regulators. Successful completion of the course will enable participants to apply their understanding of regulatory compliance in the workplace.
Total Training Duration / CPD Hours: 8
Core FAA CPD: 6
Core SFA CPD: 6
Classroom Hours: 8
Preparatory Hours: 3
The Foundation Compliance Analytics programme offers a comprehensive introduction to the use of data analytics in Compliance. Participants will gain an understanding of essential topics such as data collection and analysis, data mining and modelling, and risk analytics. The programme also includes training on data storytelling and visualisation, allowing participants to effectively communicate insights to stakeholders.
Overall, the Foundation Compliance Analytics programme is an excellent opportunity for professionals seeking to enhance their compliance knowledge and skillset in the data-driven financial services industry.
Total Training Duration / CPD Hours: 8
Core FAA CPD: 0
Core SFA CPD: 0
Classroom Hours: 8
Preparatory Hours: 3
This course is designed for new entrants embarking on a career in financial services 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.
Useful Links
| Modules | Full Fees (S$) |
Fees after subsidies inclusive of 9% GST (With effect from 1 January 2024) (S$) | ||
|---|---|---|---|---|
| Before GST | After GST | Company-Sponsored | Company-Sponsored/Self Sponsored | |
| 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
|
|||||
|
|
|
|||||||
Foundation Compliance – Ethics, Risks and Culture |
$2000.00 | $2160.00 |
|
|
||||
Foundation Compliance Policy |
$2000.00 | $2160.00 |
|
|
||||
Foundation Financial Crime Compliance |
$2000.00 | $2160.00 |
|
|
||||
Foundation Legal and Regulatory Compliance |
$2000.00 | $2160.00 |
|
|
||||
Foundation Compliance Analytics |
$2000.00 | $2160.00 |
|
|
||||
TOTAL (2 Compulsory Modules + 1 Specialist Module) |
$6,000.00 | $6,480.00 |
|
|
||||
| Modules | Fees after Subsidy (incl. of GST) |
Fees after subsidies inclusive of 9% GST (With effect from 1 January 2024) (S$) | |||||
|---|---|---|---|---|---|---|---|
Singaporean/PR
|
Singaporean Aged 40 & Above
|
||||||
| Programme Fee |
|---|
Modules |
Full Fees (S$) |
Fees after subsidies inclusive of 9% GST (With effect from 1 January 2024) (S$) | |||||
|---|---|---|---|---|---|---|---|
| Before GST | After GST |
|
|
||||
Per face-to-face module |
1,300.00 | 1,417.00 | 767.00 | 507.00 | |||
Ethics, Regulations and Compliance – Financial Products & Regulations (E-learning) |
200.00 | 218.00 | 118.00 | 78.00 | |||
TOTAL (3 Compulsory Modules + 1 Specialist Module) |
4,100.00 | 4,469.99 | 2,419.00 | 1,599.00 | |||
Modules |
Full Fees (S$) |
Fees after subsidies inclusive of 9% GST (With effect from 1 January 2024) (S$) | ||
|---|---|---|---|---|
| Before GST |
|
|
||
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).
Prices shown are based on the prevalent IBF-STS subsidies. T&Cs apply.
NTUC members enjoy 50% unfunded# course fee support for up to $250 each year when you sign up for courses supported under Union Training Assistance Programme (UTAP). NTUC members aged 40 and above will get increased funding support from $250 to $500.
#Unfunded course fee refers to the balance course fee payable after applicable government subsidies. This may include materials fees, registration fees and misc 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. 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.
| Modules |
|---|
| Modules |
|---|
| Modules |
|---|
Participants who successfully complete the programme will be awarded:
Accreditation
IBF Standards Training Scheme (IBF-STS)
Find out more at www.ibf.org.sg/home/for-individuals/skills-and-jobs-development/training-support/IBF-STS.
Certification
Participants who successfully complete the programme will be awarded:
WMI Certification
IBF Certification
Get a chance to speak with our team in an online information session to learn more about WMI’s Certified Compliance Officer programme.
Register now for a one-hour virtual session every Tuesday at 5pm (except on public holidays and other blackout dates) to receive an overview of the programme and have any enquiries about WMI addressed at your convenience.
Research
GFO Circle
Media
Connect With Us
