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
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.
Graded Course Assessments
The graded course assessments for each module consist of two components: a group case study assessment and an individual multiple-choice question (MCQ) test.
To be eligible for IBF-STS funding and certification, a minimum passing grade of 70% 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.
Useful Links
Participants who successfully complete the programme will be awarded:
Accreditation
IBF Accreditation
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
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.
Eligible SG citizens may utilise Skillsfuture Credits 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.
Global-Asia Family Office Circle (GFO Circle) Members are entitled to 10% discount across “Investing and Asset Management” programmes. Click here for more information on GFO Circle membership.
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.
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.
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