ICA Advanced Certificate in Regulatory And Financial Crime Compliance (IBF Level 1)

Develop a good understanding of compliance fundamentals as well as gain specialist knowledge and skills in a particular compliance area.

Enrol now with ICTA

Course details

  • Understand the fundamentals of compliance and regulation that apply to various financial institutions
  • Know the products and services within the financial industry and the associated risks
  • Distinguish types of risks, and requirements for suspicious activity reporting
  • Identify key steps in the risk management process and learn the enterprise risk management framework
  • Cultivate an ethical mindset, effective stakeholder management and design of an effective compliance training programme
  • Leverage data as a strategic asset, managing it to add business value 

Instalment payment plan

Want to spread the cost of this course? Find out more about instalment payment plan.

Become an ICA member

When you enrol onto this course you will join an international
community of over 30,000 members. Benefits include:

  • Access to the uniquely personalised ICA Learning Hub
  • Weekly webinars covering the latest industry
  • Discounts on ICA events and further ICA courses

The fee for ICA membership will be added separately to your basket when you enrol online for this course.

What will I learn?

As part of a syllabus which covers a range of compliance and financial crime areas, all students will study:  

  • Background module: Products and services in the financial sector 
  • Core module 1: Regulatory and financial crime compliance
  • Core module 2: Identifying and reporting compliance risk 
  • Core module 3: Developing a compliance culture 
  • Core module 4: Leveraging data for business advantage 

Then, choose ONE of the following specialist topics:

Compliance advisory: 

  • Policy implementation and revision 
  • Corporate governance 

Compliance monitoring: 

  • Monitoring and surveillance 
  • Corporate governance 

Financial crime compliance: 

  • Policy implementation and revision 
  • Customer acceptance checking and onboarding

This 22-week intensive programme comprises self-study and attendance at 8 x 3-hour evening workshops or virtual classrooms in Singapore.  

How will I be assessed?

  • A 3,000–3,500 word assignment (focused on core modules) 
  • 3 hour 15 minute closed book, invigilated examination (1 assessment paper with 24 short answer questions – 12 questions for each specialist module) 
  • Weightage: Assignment – 60%, Examination – 40%

View course dates for the March 2024 intake

Is this course right for me?

The ICA Advanced Certificate in Regulatory and Financial Crime Compliance is designed for:

  • New graduates (all disciplines)
  • New entrants to financial services who wish to enhance their career opportunities
  • Those already working to build a career in compliance/financial crime within financial services
  • Those who wish to certify their existing compliance knowledge and demonstrate benchmarked levels of competence

Funding available for students in Singapore

This programme has been accredited under the IBF Standards and is eligible for funding under the IBF Standards Training Scheme (IBF-STS), subject to all eligibility criteria being met.

Candidates are advised to assess the suitability of the programme and its relevance to participants’ business activities or job roles. Find out more about IBF Certification here

For Singaporeans/PRs below 40 years old, IBF-STS provides 50% funding for direct training costs subject to a cap of S$3,000 per candidate per programme and all eligibility criteria being met.

For Singaporeans above 40 years old, IBF-STS provides 70% funding for direct training costs subject to a cap of S$3,000 per candidate per programme and all eligibility criteria being met.

Find out more on www.ibf.org.sg




How often does this course run?

There are four intakes per year for this course: January, March, July and September.

What payment options are there?

If you are self-funding, can pay for the course in full by credit or debit card or pay in four interest-free instalments. If your employer is paying for the course you can select the invoice option when enrolling online.

Discounts for low GDP countries?

If you reside in one of the countries on this list you will receive a 15% discount on this course. The discount will automatically be added at checkout when you enrol.

Does the course fee include local tax?

Local tax if applicable will be added to your basket on check out.

Why do I need to be a member of ICA to do this course?

As a professional, awarding body ICA requires you to be an Associate member while you’re studying for your course (unless you are already a member). You will benefit from being part of a global, like-minded community and will receive access to additional resources, insight and learning to support your studies. Once you’ve completed your course, renewing your membership showcases your commitment to ongoing learning and continues to provide you with a range of benefits including digital badges to share on social media and discounts for ICA’s global events.

How will this course make me stand out from the crowd?

ICA qualifications are internationally recognised as evidence of high levels of competence in regulatory and financial crime compliance. The course is unique and designed to not only enhance your knowledge and skills but also develop your behaviours. You will gain technical, specialist knowledge but also vital critical thinking and interpersonal skills to help advance your career.

How much self-study time do I need to set aside?

We recommend that you allow for 2-4 hours study per week but plan to increase this around your times of assessment.