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 decentralized 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 Compliance & Risks 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: 8 CPD hours
Core SFA/FAA CPD: 6 hours
By the end of this course, successful participants will be able to:
The course structure consists of a combination of classroom learning and assessments, with a total duration of 8 hours. The classroom learning component spans 7 hours and 15 minutes, while the assessment portion takes 45 minutes.
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.
To be eligible for IBF-STS funding and certification, a minimum passing grade of 60% is required.
Understanding the scope of regulated products and activities in the digital asset space:
Classroom Hours : 2 h 15 minutes
(a) Legal and regulatory compliance risks from such digital asset products
(b) Risk assessment based on product type and service offered. Identify the common compliance vulnerabilities, risks and impact on organisation, such as:
(c) FATF “Travel Rule”
(d) Leveraging on RegTech solutions
Classroom Hours : 3
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.
Participants who successfully complete the programme will be awarded:
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.
This programme is currently undergoing IBF accreditation and may be subject to changes. 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.