Financial Risk Manager (FRM®) Certification Training Program – Singapore Laws and Regulations

IBF Standards ("the Standards") is an independent quality assurance mark developed by The Institute of Banking and Finance ("the Institute") to measure the competency of the financial sector workforce and provides a practice-oriented approach to talent development. The Standards contained in this document are aimed at helping Singapore-based financial institutions and training providers to develop training programmes and assessment tools that directly address the competency requirements of specific financial sector jobs. The Standards also aim to enable individuals to obtain a better understanding of the career progression pathways within the Singapore financial sector, based on individuals' qualifications or work experience.

Why IBF Standards

• Focus on role specific competencies which are portable across functional boundaries.
• Provide personal and professional certification of competency recognized by the industry, hence enhances employability.
• Serve as a transparent and structured roadmap for professional development and career aspirations.

For more information on the IBF Standards of training, assessment and certification, please refer the website of the Institute of Banking and Finance (IBF) at: http://www.ibf.org.sg

 

Target Group and entry requirements

1. The target group will be those who FRM candidates seeking IBF Certification.
2. Candidates are required to have at least 75% attendance before being eligible for taking the exam.
3. Candidates are required to do a written paper exam.

Lesson Plan for Local Laws and Regulations module

1. Total of 3 hours of classroom lessons covering the following Performance Criteria:

• Demonstrate sound knowledge of the risk management guidelines and regulations applicable to the financial services industry, and have a good understanding of the intent, purposes as well as trends and development of micro-prudential regulations for the financial services industry in general and Singapore in particular.
• Demonstrate understanding of the role of financial institutions in the socio-economic system and the requirement for high ethical standards.

Assessment Design and Plan

• The written paper exam is 20 minutes
• A total of 8 questions will be set. Questions will be taken from the Question Bank ensuring that there is at least 1 question set for each of the Performance Criteria (PC).
• The questions will be multiple-choice questions (MCQ).

Assessment Outcome

• The Passing score is 75%.
• If a candidate scores less than 75%, he/she will be given a chance to retake the written paper exam at a later date.

Course Fee

S$300 (subject to GST)

This programme is approved for listing on IBF Standards Training Scheme (STS) Programme Directory and is eligible for STS 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 programme. Participants are advised to assess the suitability of the programme and its relevance to participants' business activities or job roles.

90% subsidy for the training course fees eligible for both company-sponsored and individual candidates to attend a training programme that has been accredited under the STS. The funding support is capped at S$7,000 per participant per programme.

Crossed cheques are to be made payable to: "National University of Singapore"

Please send the completed registration form together with your payment to:

Ms Jaslin Chong
NUS Risk Management Institute
National University of Singapore
21 Heng Mui Keng Terrace
I3 Building #04-03
Singapore 119613
Tel: 6516 8497 Fax: 6874 5430
Email: rmicsh@nus.edu.sg
(Cancellations are non-refundable although participants can be substituted.)