Digital Assets – Regulatory & Compliance

Programme Overview

Regulators worldwide have introduced regulatory frameworks to regulate digital assets such as digital payment tokens, stablecoins, utility tokens, and digital securities. Based on blockchain and distributed ledger technology, new business models and players have emerged. 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.

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. Participants will be challenged to generate compliance solutions to address these new and emerging risks.

Total Training Duration: 8 CPD hours

Core FAA CPD: 6 hours

Core SFA CPD: 6 hours

Classroom Hours: 8

Preparatory Hours: 4

Modules

By the end of this course, successful participants will be able to:

Have an appreciation and overview of fintech activities and their enabling technologies.
Describe and explain supervisory expectations and approaches to regulating fintech.
Describe and explain the different digital asset classes and players in the ecosystem.
Understand the regulatory framework that may be applicable to different types of digital assets.
Articulate the key legal, regulatory and compliance risks arising from digital assets.
Propose relevant compliance solutions in relation to digital asset classes.

The course structure consists of a combination of classroom learning and assessments, with a total duration of 8 hours.

Graded Course Assessments

The graded course assessments for each module consist of two components: a case study written assessment and an individual multiple-choice question (MCQ) test.

The individual case study carries a weightage of 70%.
The individual MCQ test carries a weightage of 30%.

To be eligible for IBF-STS funding and certification, a minimum passing grade of 70% is required.

Section 1: Introduction

Section 2: Digital Assets Ecosystem

Section 3: Legal and Regulatory Framework

Section 4: Regulatory Treatment of Products and Regulated Activities

Section 5: Legal, Compliance and Risks in Connection with Digital Assets

Download programme brochure

Who Should Attend

This course addresses the following core areas for legal, compliance and risk practitioners within the financial services industry (including crypto and payment firms), and those who seek to understand the legal, compliance and risk implications of this asset class in the fintech ecosystem.

Useful Links

Certification

Participants who successfully complete the programme will be awarded:

Accreditation

IBF Accreditation

Digital Assets – Regulatory & Compliance is currently undergoing IBF accreditation and may be subject to changes. This course is eligible for funding under the IBF Standards Training Scheme (IBF-STS), subject to all eligibility criteria being met.
For more information on the Skills Framework for Financial Services, please visit www.ibf.org.sg/home/for-financial-institutions/resource-tools/skills-framework-for-financial-services.
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:

Regulatory and Legal Advisory (PL3)

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

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

Note:

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 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.