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Corporate Certification


ICA Diploma in Financial Crime Compliance (Singapore)

Course level : Level 6 - Advanced

Please note that this course is not mapped in accordance with the levels set within the Framework for Higher Education Qualifications (FHEQ) in England, Wales and Northern Ireland.

This qualification provides a practical, advanced and detailed understanding of the dynamic regulatory landscape and risk management strategies that can be implemented to monitor and manage risk in your organisation. 

The qualification looks at the important part good corporate governance plays in the establishment of a compliance mindset within the teams and how to inculcate a good ethical culture.  You will learn how to design and implement a governance risk and compliance system complete and learn all about monitoring and surveillance processes, procedures and reporting. 

You will learn all about risk management strategies including policy creation and implementation, reporting and continuous improvement management. You will gain an in depth understanding of the role of the compliance function and in particular, the role of the money laundering reporting officer.  You will benefit from a very focused look at the customer life-cycle from onboarding through transaction monitoring, ongoing due diligence, suspicious activity reporting, terrorist financing and proliferation, and the vulnerabilities of certain products and services.  Sanctions, fraud and anti-corruption are also studied in-depth. 

You will learn how to be a valued strategic advisor to the business and how to manage internal and external stakeholders.  People and performance management along with strong leadership skills are developed through dedicated activities.  You will become highly competent in all aspects of data management including analytics and computational modelling, storytelling and visualisation, information security and cybercrime. 

This course is awarded in association with Alliance Manchester Business School, the University of Manchester.

 

 

  • Module 1: The Dynamic Regulatory Environment

  • Module 2: Good Corporate Governance

  • Module 3: Risk Management Strategies

  • Module 4: Customer Lifecycle

  • Module 5: Strategic Management

  • Module 6: Data Management


    Download the full syllabus here

Entry requirements:

Language Requirement
At least a C6 at 'O' Level English.

Academic Requirement
Degree or Professional qualification in an appropriate discipline.

Work Experience
At least 3 years working experience in relevant field or has demonstrated competency in the ICA Advanced Certificate in Regulatory Compliance (IBF Level 1).

Delegates will be required to demonstrate work in an environment where they are involved in the creation and execution of the compliance or AML function. Roles where a delegate has purely been subject to compliance requirements (e.g. Relationship Manager) would not be considered as applicable.

Eligibility:

Kindly email your detailed CV to studentadmin@int-comp.com to check your eligibility.

This is a 10 month course where you will study at home and attend 3x3 hour highly interactive virtual instructor led workshops per module (total of 6 modules). It is possible to study and be assessed (and receive funding) on just one or more modules. The diploma will only be awarded on successful completion on all 6 modules.

All course material is now delivered online making it more accessible and environmentally sound. 

 

  • Each of the 6 core modules comes with an assessment.  4 of the modules are assessed by written assignment and each assignment must be between 3,000 and 3,500 words in length.  2 of the modules are assessed by examination, and the examination last 3 hours.

Upon completion, you will be rewarded: 

  • ICA Diploma in Financial Crime Compliance which is awarded by ICA in association with Alliance Manchester Business School, The University of Manchester
  • Participants who successfully complete this course with at least 3 years of relevant financial services industry experience and fulfil the required number of Technical Skills and Competencies (TSCs) for the selected job role can apply to be conferred the IBF Advanced (Level 2/3) certification status.
  • Find out more about IBF certification and the application process here.

 

IBF-STS Funding

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

IBF-STS provides 70%* funding for direct training costs subject to a cap of S$7,000 per candidate per programme subject to all eligibility criteria being met.

Find out more on www.ibf.org.sg

For ICA’s Diploma in Regulatory Compliance OR Financial Crime Compliance, each module is considered as one programme.

*MAS will enhance course fee subsidies for locals attending accredited or recognised courses up to 90%. 

Read more about the enhanced funding details.

 

We have full syllabi available for all of our qualifications. Click here to download a syllabus for this course.

Course dates and prices

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Fees are subject to local taxes where appropriate and will be shown on your checkout page.


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Expert support

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Thomas Wan Chee Kien

Course Director (APAC)

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Help and support

Alternatively contact us on: +44(0)121 362 7534 / icainfo@int-comp.org (Course information) or +44(0)121 362 7533 / learningsupport@int-comp.org (Enrolled learners)