Overview

Compliance risks have become the biggest risks for global financial institutions. In the worst case, they threaten the very existence of these firms. Compliance risks are driven by regulation and en-forcement by supervisory and criminal authorities. These in turn are the result of a combination of political and social factors and changes in public values. These changing values influence both regulators and law enforcement agencies. This course is designed to allow participants to identify and distinguish the major compliance issues and risks and their evolution from other legal risks. It outlines regulators’ expectations of the core ethical values of regulated firms and their compliance systems, and describes the compliance risks to firms, their managers, and compliance officers personally.

Learning Objectives

By the end of this module, participants will be able to

• Understand the fundamental importance of the right governance and ethical conduct culture in a financial firm starting at the top with the board and senior management.
• Understand the major current compliance risks and topics and the drivers and evolution of these risks over time
• Understand the risk of financial firms, their managers and compliance officers being held responsible for failures as a under supervisory or criminal law matter
• Understand the expectations of regulators and criminal law enforcement authorities with regard to financial services compliance functions and processes and how to interpret these expectations.
• Establish policies to manage compliance risks in the financial services industry in line with regulatory expectations.

Duration and CPD hours

• 13 hours, 13 core
• Day 1 – 1-6pm, Day 2 9am – 6pm

Overview

Compliance strategy and policy trends in financial institutions can change rapidly and are influenced by various factors such as global economic conditions, geopolitical events, and regulatory developments. This course equips participants with the understanding of framework, key principles, tools and methodologies to derive and deliver, develop and establish the compliance strategy, program and overall direction for a financial institution. This includes the assessment of existing compliance strategies and plans, including the execution of improvement plans.

Learning Objectives

By the end of this module, participants will be able to

• Oversee collation of information and development of reporting deliverables required for regulatory submissions and ensure alignment to requirements and standards.
• Develop relationships, engage relevant stakeholders and facilitate alignment of stakeholders’ and project objectives.
• Develop resource allocation plans and implement strategies and policies.
• Oversee development of compliance training programmes, compliance mindset development activities and perform training gap analyses.
• Evaluate existing policies, facilitate open constructive discussion on policy issues and possible resolutions for continuous improvements, identify priority areas for policy development and outline policy requirements.

Duration and CPD hours

• 13 hours
• Day 1 – 1-6pm, Day 2 9am – 6pm

Overview

This course equips participants with an understanding of the importance and applicability of data and data analytics for compliance risk management. It is designed to provide financial institution practitioners with awareness of data governance, the key data management components such as data lineage, data quality, and how these data components are critical to enable effective and efficient Know Your Customer (KYC) profiling, improved transaction monitoring and controls through the deployment of artificial intelligence, machine learning and data analytics. The module will further explore how current digitisation trends will change the risk management landscape from a KYC / AML compliance perspective.

Learning Objectives

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

• Understand the definitions of Big Data, machine learning (ML), artificial intelligence (AI). How the advent of the boom in data would impact compliance risk management domains.
• Understand the importance of data governance, data management, data lineage, data quality components that financial institutions should implement to meet the various regulatory requirements and support efficient big data, machine learning requirements.
• Have a better appreciation for the importance of data quality and the challenges Financial Institutions face in achieving good data quality.
• Understand the application and benefits of Robotics Process Automation (RPA) when applied to compliance risk management
• Acquire an analytical mindset and be aware what are the data analytics algorithms and approaches to take into consideration as financial institutions migrate toward greater dependence on big data, machine learning, AI and RPA. The above will be applied to domains in KYC, transaction monitoring, trade surveillance etc.
• Be aware of need for regular model validation to ensure data analytics algorithms are relevant and applicable to the selected scenarios.

Duration and CPD hours

• 13 hours
• Day 1 – 1-6pm, Day 2 9am – 6pm

Overview

Over the past decades, the importance of compliance within the financial industry has increased year over year and legal, compliance and regulatory functions saw respective growth in most organizations. This significance resulted in a relevant bottom-line impact for most financial institutions and therefore, the quest for efficiency increase in compliance has become key goal for many organizations. Today’s technologies are able to transform many traditional legal and compliance tasks but require the knowledge to understand technologies and select appropriate tools for distinct tasks.

This module aims to provide participants with the skills to critically assess different technologies for different compliance tasks, define respective business requirements, effectively project manage, drive and implement respective compliance and regulatory technology tools in an organization.

Learning Objectives

By the end of this module, participants will be able to

• Understand the current state of technology applications relevant for legal, compliance and regulatory functions within the financial industry including benefits and limitation by adopting tech solutions.
• Define compliance-specific business requirements and screen the market for potential vendor solutions.
• Operationalize regulatory technology know-how by driving the process of technology implementation from planning, budgeting, vendor selection and contracting up to project execution.
• Understand different data visualization techniques and their importance in different areas of compliance within a financial institution.

Duration and CPD hours

• 13 hours
• Day 1 – 1-6pm, Day 2 9am – 6pm

Overview

This module equips participants with the ability to plan and execute processes and procedures for handling serious compliance incidents in the financial services industry in line with regulatory expectations. The scope includes detecting, investigating, escalating and reporting of serious compliance incidents as well as disciplinary sanctions of serious compliance breaches. In addition, participants will discuss  initiatives for process and control improvement, and the alignment and assessment of people performance indicators.

Learning Objectives

By the end of this module, participants will be able to

• Explain the various facets of an investigation process.
• Explain the key elements of a whistleblowing programme.
• Explain the regulatory requirements in reporting serious compliance incidents.
• Develop and implement risk mitigation compliance programmes.
• Identify various behavioural factors relevant to the assessment of disciplinary sanctions
• Analyse and extract relevant “lessons learnt” from serious/material compliance incidents including control failures systematic and non systematic, organisational alignment, culture and accountability issues, and regulatory expectations.

Duration and CPD hours

• 13 hours
• Day 1 – 1-6pm, Day 2 9am – 6pm

Overview

Financial Crimes Risk management is a priority for regulators worldwide, with both global and local organizations facing substantial fines and penalties for non-compliance. This course is designed to equip participants with a comprehensive understanding of Singapore’s regulations, and key international frameworks and standards. It covers critical financial crime threats, emerging risks, and the evolving regulatory landscape. Participants will gain insights into how financial institutions can design, implement, and adapt their compliance programs in response to these challenges

The course also focuses on building the skills necessary to establish and manage effective monitoring, surveillance, and control processes,  leveraging technology for improved efficiency and effectiveness, addressing financial crimes and regulatory compliance monitoring surveillance and testing imperatives

Learning Objectives

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

• Articulate key financial crime typologies and the relevant regulations, including anti-money laundering (AML), sanctions, anti-bribery, and corruption laws and standards.
• Analyze current financial crime challenges, including those posed by evolving financial ecosystems and new business models, such as digital assets.
• Design and implement a comprehensive AML/CFT policy that aligns with regulatory requirements and industry best practices.
• Develop risk mitigation strategies for AML, CFT, sanctions, anti-bribery, corruption, and fraud, tailored to the organization’s risk profile.
• Interpret data privacy regulations and personal data handling policies, ensuring compliance in the context of financial crime prevention.
• Design and deploy monitoring, surveillance, and control programs that are both effective and efficient, ensuring alignment with organizational strategies and regulatory frameworks.
• Evaluate and recommend technological solutions to enhance monitoring, surveillance, and control activities, improving operational efficiency.
• Develop mechanisms to track and assess program effectiveness, ensuring the continuous improvement of implemented tools, scenarios, and processes.
• Assess the outcomes of monitoring and control activities, identifying gaps and recommending enhancements to strengthen the organization’s control framework.

Duration and CPD hours

• 16 hours, 4 hours core
• 9am – 6pm both days

Overview

This course aims to provide learners with a strong understanding of regulatory compliance in Singapore’s financial services industry, with a focus on both retail banking, private banking and investment banking. At the end of the course, learners will be equipped with key legal and regulatory knowledge and essential skills to mitigate regulatory risks for their organisations.

Learning Objectives

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

• Interpret and Apply Compliance Requirements – Analyse relevant laws, regulations, legal documents, and industry standards, assessing their implications for business operations.
• Identify and Manage Compliance Risks – Detect compliance vulnerabilities, assess risks, and evaluate their impact on the organisation.
• Develop and Implement Compliance Programmes – Design operational plans, procedures, and controls to ensure regulatory adherence.
• Monitor, Review, and Report Compliance – Oversee compliance processes, identify non-compliance issues, and report findings for corrective action.
• Advise on Compliance and Legal Matters – Provide strategic guidance to stakeholders and customers on legal requirements, industry best practices, and regulatory changes.
• Adapt to Evolving Regulations – Analyse new laws and propose necessary adjustments to operational procedures and compliance strategies.

Duration and CPD hours

• 16 hours, 4 hours core
• 9am – 6pm both days

Overview

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 (FORM) 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.

Learning Objectives

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

• Understand and explain the family office landscape and key players, family office structures and rationale, and key stakeholders in the family office eco-system
• Identify and explain key regulatory frameworks and requirements for family offices and ultra-high networth individuals.
• Future proofing control frameworks.
• Identify and analyse key risks associated with family offices and ultra-high net-worth individuals including client onboarding, complex structures and tax, higher risk jurisdictions, businesses and products, and cross-border issues.
• Equip participants with Skills, knowledge and confidence to provide effec-tive solutions in the context of their respective organisations/contexts.
• Identify, evaluate and assess appropriate risk mitigation strategies, policies and plans to address and manage such risks.
• Develop and implement appropriate compliance risk management and control pol-icies, procedures and activities to address risks identified.

Duration and CPD hours

• 8.5 hours, 4 hours core
• 9am – 6pm

Overview

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 recognized ESG standards.

Learning Objectives

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

• Identify and explain the key components of ESG, its relevance and application to financial institutions.
• Understand the legal and regulatory framework surrounding ESG and its im-pact on financial institutions.
• Analyze and assess the specific legal, regulatory and compliance risks associ-ated with ESG for financial institutions.
• Evaluate the potential reputational and operational implications of ESG-related legal, regulatory and compliance risks.
• Develop strategies and policies to mitigate and manage ESG-related legal and compliance risks effectively.
• Recognize the importance of integrating ESG considerations into corporate governance structures and decision-making processes.
• Stay informed about emerging legal and regulatory developments in the ESG space and adapt compliance practices accordingly.
• Engage with stakeholders effectively to address ESG-related legal and com-pliance concerns.

Duration and CPD hours

• 8.5 hours, 4 hours core
• 2-6pm both days, online

Overview

Regulators worldwide have introduced regulatory frameworks to regulate digital assets such as digital payment tokens, stablecoins, utility tokens, 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 present opportunities, rewards and risks with attendant legal, regulatory and compliance considerations

Learning Objectives

By the end of this course, 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.

Duration and CPD hours

• 8 hours, 4 hours core
• 9am – 6pm

Overview

Digitalization in the financial industry as well as the use of new technology and approaches, including but not limited to artificial intelligence (‘AI’) further accelerate the need for Compliance functions to transform their traditional CMP into a comprehensive, technology and data driven operating model.

This course covers how to equip and transform conventional Compliance functions with know how, tools and understanding to utilize and leverage technology, data and processes. It is taught by senior Compliance management and seasoned practitioners with direct experience and demonstrated outcomes.

Learning Objectives

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

• Understand the elements for an effective and sustainable compliance framework and identify the drivers for a holistic Compliance strategy commensurate with organisational strategy and relevant regulatory requirements
• Assess the key elements and propose a target operating model facilitating an effective Compliance framework and efficient delivery of such framework
• Understand the need for and develop a holistic technology strategy supporting a data-driven Compliance organization
• Recognize the importance of a holistic response to develop enhance Compliance’ AML risk management and assess and implement the transformation requirements of an effective control framework to combat money laundering

Duration and CPD hours

• 8.5 hours
• 9am – 6pm

Overview

Private banking and wealth management have become a substantive sub-sector within financial services. The wide range of services, special risks and sensitivities create particular challenges in dealing with private clients. This course aims at equipping participants with a clear understanding of the challenges as well as relevant regulations and regulatory expectations in private banking and wealth management.

Learning Objectives

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

• Understand the risks and apply frameworks in the risk mitigation, including
• Compliance Challenges Facing Private Banks
• Governance and Compliance Framework
• AML/CFT In Private Banking
• Tax Evasion Risk
• Investment Suitability and Client Fair Dealing
• Cross Border Marketing Risk
• Dealing with Independent Asset Managers and Referrers
• Conduct Risk

Duration and CPD hours

• 13 hours

Overview

This module course aims to equip participants with a clear understanding of the challenges as well as relevant skills to understand and manage compliance risks in the financial services industry in line with regulations and regulatory expectations. Scope includes overview of asset management and investment advisory business; compliance considerations for product structuring, product offering and investment advisory.

Learning Objectives

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

• Explain the importance of compliance function and role of compliance officers in the asset management industry.
• Identify compliance risks of adherence with laws and regulations and business conduct risks on product structuring, distribution and investment advisory.
• Provide solutions to mitigate and address related compliance risks.

Duration and CPD hours

• 13 hours
• Day 1 – 1-6pm, Day 2 – 9am-6pm

Overview

Having a good understanding of licensing and permitted businesses under the different banking licenses is critical for operating in the banking industry. Being able to appreciate policy intent and requirements of various regulatory requirements and instruments is essential to the management of compliance risks. Beyond discussion on Singapore’s regulatory framework and regulatory expectations of retails banks, this course covers topics such as Consumer and Data protection. In the space of Fintech and Digital Bank, this course will discuss regulations surrounding non-financial business and the associated landscape which continues to evolve dynamically. Put together, the learner is offered comprehensive coverage of current and going forward regulatory considerations.

Learning Objectives

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

• Check their understanding of Singapore’s Regulatory framework, MAS supervisory approach and expectations with respect to retail banks.
• Appreciate broadly regulatory knowledge relating to Banking Business and various License types, interaction of topics such as Consumer Protection & Data Privacy, Outsourcing & Cross border services etc. Spur learner to develop their critical thinking for practical application of these topics in their relevant context.
• Strengthen the organization’s compliance understanding and controls relating to Regulations surrounding Credit Facilities in Retail Banking
• Discuss Fintech and Digital Bank Regulations – regulations surrounding non-financial business and evolving landscape

Duration and CPD hours

• 13 hours
• Day 1 – 1-6pm, Day 2 – 9am-6pm

Overview

Having a good understanding of rules and regulations governing capital markets is a pertinent prerequisite for operating in this industry.  At its core, this is about trust which means acting with integrity, always acting in the best interests of the client, making disclosures more accessible and understandable promoting good culture and conduct.  This course aims to enable participants to demonstrate the following: (i) a clear understanding of rules and regulations governing the capital markets and ethical conduct; (ii) analyze the business and operational impact of the regulations on business units and recommend industry best practices; (iii) provide advice on issues and developments of business on a cross border basis; (iv) demonstrate effective engagement with the business and regulators; and (v) identify changes to policies and procedures to meet expectations.landscape which continues to evolve dynamically. Put together, the learner is offered comprehensive coverage of current and going forward regulatory considerations.

Learning Objectives

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

• Have a good appreciation of the capital markets – what it does, why it needs to be regulated and how related market discipline works.
• Uphold ethical standards of the organisation in accordance with the capital markets code of conduct and business practices.
• Operationalise capital markets related business conduct and market conduct rules within business unit by interpreting, executing and documenting such requirements into policies/procedures and evaluating compliance with the policies.
• Provide advice on issues and developments of existing and new businesses on a cross border basis

Duration and CPD hours

• 13 hours
• Day 1 – 1-6pm, Day 2 – 9am-6pm

Overview

This 8-hour module is crafted for experienced Officers in Lines 1.5, 2 and 3 of defence such as onboarding/KYC/CDD specialists and compliance risk managers, to deepen their expertise in managing sanctions and Trade-Based-Moneylaundering risks. Participants will engage with real-world case studies, ranging from straightforward to complex scenarios, to build analytical and practical skills essential in a global regulatory environment, with a focus on the financial services landscape in Singapore. Through interactive discussion and hands-on exercises, this course will provide insights into global and local sanction frameworks, TBML typologies, risk controls, and the communication of risk frameworks across the organization.

Learning Objectives

By the end of this module, participants will be able to

• Understand the fundamental importance of the right governance and ethical conduct culture in a financial firm starting at the top with the board and senior management.
• Understand the major current compliance risks and topics and the drivers and evolution of these risks over time
• Understand the risk of financial firms, their managers and compliance officers being held responsible for failures as a supervisory or criminal law matter
• Understand the expectations of regulators and criminal law enforcement authorities with regard to financial services compliance functions and processes and how to interpret these expectations.
• Establish policies to manage compliance and ethical risks in the financial services industry in line with regulatory expectations.

Duration and CPD hours

• 8 hours
• 9am – 6pm

Overview

This 8-hour module is crafted for experienced Officers in Lines 1.5, 2 and 3 of defence such as onboarding/KYC/CDD specialists and compliance risk managers, with the essential knowledge and skills to detect, prevent, and manage frauds, scams, and cyber-enabled financial crimes within the financial services industry. Emphasizing real-world application, the course will leverage case studies tailored to Singapore’s evolving regulatory landscape. Over the course of 8 hours, participants will deepen their understanding of fraud typologies, explore regulatory expectations, and gain strategies to foster a culture of fraud awareness across their organizations.

Learning Objectives

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

• Identify and evaluate situations that heighten the probability of fraud, scams, and cyber-enabled financial crimes.
• Explain relevant regulations, policies, and procedures for preventing and detecting frauds, scams, and cyber-enabled financial crimes in financial services.
• Anticipate potential fraud scenarios across different business areas and activities.
• Coach staff to recognize vulnerabilities that could lead to fraud and scams, including control deficiencies.
• Review, escalate, and resolve fraud cases with effective stakeholder engagement.
• Drive the implementation of fraud and cybercrime controls and establish a management framework.
• Advise on investigative methods for addressing complex fraud and cyber-enabled crime cases.
• Engage with business leaders on feedback and escalation processes related to fraud and corruption risk.
• Articulate and advocate for a culture of fraud risk awareness in daily operational tasks.

Duration and CPD hours

• 8 hours
• 9am – 6pm