This bundle of courses enables appointed representatives of capital market service licensees who serve retail investors to meet the MAS’ requirement that they must complete 6 hours of relevant continuing professional development (CPD) training in ethics or rules and regulations, which are accredited by the Institute of Banking and Finance, by the end of every calendar year.
This bundle of courses is tailored for investment management professionals in Singapore and is designed to meet the MAS’ requirement under SFA04-N09 where an appointed representative of a holder of a capital markets services licence is required to complete 6 hours of Core CPD training in ethics, rules or regulations or both, that is relevant to the type of regulated activity he conducts.
With effect from 1 January 2019, under the MAS’ Notice on Minimum Entry and Examination Requirements for Representatives of Holders of Capital Markets Services Licence and Exempt Financial Institutions (“SFA04-N09”), an appointed representative of a holder of a capital markets services (CMS) licence must complete by the end of every calendar year:
1. Core CPD hours: 6 hours in ethics or rules and regulations or both, which is relevant to the type or types of regulated activity he carries out; and
2. Supplementary CPD hours: 3 hours of relevant training courses.
Only training hours of courses in ethics or rules and regulations, or both, as the case may be, which are accredited by IBF will be counted towards the Core CPD hours.
E-Learning
IMAS Member: $600
Non-Member Promotional Rate: $800
*FTS-Eligible
This course is recognised under the Financial Training Scheme (FTS) and is eligible for FTS claims subject to all eligibility criteria being met. Please note that in no way does this represent an endorsement of the quality of the training provider and course. Participants are advised to assess the suitability of the programme and its relevance to participants’ business activities or job roles.
The FTS is available to eligible entities based on the prevalent funding eligibility, quantum and caps. FTS claims may only be made for recognised programmes with specified validity period. Please refer to www.ibf.org.sg for more information.
Kindly note that the FTS scheme is only available for company-sponsored individuals.