CERTIFICATION IN REGULATORY COMPLIANCE Gain detailed understanding of the engaging role of a modern Compliance Officer

WhY ChOOsE CERTIFICATION IN REGULATORY COMPLIANCE?

The postfinancial crisis landscape of the banking industry places regulatory compliance under greater scrutiny than ever before. Consequently, professionals who are well versed in the field of compliance are in great demand.

Clearly aware of this need in the industry, AICB, together with the International Compliance Association (ICA), has designed the Certification in Regulatory Compliance to equip you to master the skills of regulatory compliance and risk. This Certification is the first in a series of courses that will take you from entry level to becoming a professional Compliance Officer in the banking and financial services landscape of today.

Gain detailed understanding of the engaging role of a modern Compliance Officer

Learning Outcomes This programme is designed to equip you to demonstrate knowledge, understanding and skills regarding: The regulatory environment, including the role and powers of Bank Negara

Malaysia (BNM) The role and responsibilities of both the compliance function and the

Compliance Officer, and the skills needed to successfully discharge these The implementation of key compliance activities plus awareness of different

types of financial crime

By completing this Certification, you will: Develop compliance knowledge and key skills Enhance your performance and open up further career opportunities Reduce financial and reputational risks for your organisation Provide verifiable evidence of learning

This Certification is jointly awarded by AICB and ICA. All ICA qualifications are awarded in association with Manchester Business School, the University of Manchester; the largest campus-based business and management school in the UK.

If you identify with one or more of the descriptions below, this programme may be just right for you:

New graduates from any discipline Those wanting to build a career in compliance in the fields of:

- Banking - Insurance - Other financial services

Staff involved in risk functions and internal or external audit Anyone with less than 3 years of experience in compliance or antimoney laundering (AML)

Upon successfully completing this Certification, you will receive the following awards:

Certification in Regulatory Compliance by AICB ICA Certification in Regulatory Compliance (in association with Manchester Business

School, The University of Manchester)

Who is it for?

What Professional Credentials Do You Acquire?

Programme Level:Intermediate

Programme Duration: 6 months

CERTIFICATION IN REGULATORY COMPLIANCE

FACT BOX

COURsE sYLLABUs

The Malaysian Regulatory Environment The Role of the Compliance Function

Module 1 Module 2

The need for, and objectives of, regulation The Malaysian regulatory environment: evolution

of financial services regulation in Malaysia The Malaysian regulators and their powers Regulatory models: approaches to regulation Regulatory principles and sources of regulation Independence, transparency and accountability

of regulators A primer on the prevention of financial crimes

Compliance structure The role of the Compliance Officer Key compliance activities and processes Risk-based compliance monitoring Investigating compliance breaches Preparing for and managing a regulatory supervisory visit Drafting compliance reports Managing key relationships Compliance, culture and ethics Training

Module OutcomesBy the end of this module you should: Have a broad understanding of the Malaysian

financial services regulatory environment Appreciate the history and development of

financial services and its regulation in Malaysia Be familiar with a variety of different models of

regulation Understand the role of BNM and how it carries

out its regulatory function Understand the need for regulators to be

independent, transparent and accountable for their actions

Be aware of the impact of financial crimes on financial services organisations and the need for regulation and compliance

Module OutcomesBy the end of this module you should: Understand the structure and purpose of compliance within

a firm Be familiar with the role of the Compliance Officer Be able to outline key compliance activities and processes Understand the basis for risk-based compliance monitoring Appreciate how to conduct investigations into compliance

breaches Understand what is required in preparation for a

compliance visit Be familiar with reporting requirements Be able to explain the need to manage key relationships Understand the link between compliance, culture, ethics

and training.

Compliance in Practice Corporate Governance, Creating a Compliance Culture & the Benefits of Compliance

Module 3 Module 4

Practical considerations Compliance oversight: understanding issues and

concerns Specific internal compliance control issues Governance, risk and compliance (GRC) functions Risk issues Managing risk

An introduction to corporate governance Bank Negara Malaysias (BNMs) role in the enhancement

of Malaysias corporate governance regime The Malaysian corporate governance regulatory

framework Creating an effective compliance environment Sustainability, reputation and ethical practices Financial reporting in MalaysiaModule Outcomes

By the end of this module you should: Be able to evaluate the key features of an

annual compliance plan, compliance manual, and compliance handbook discussing the importance of rigorous high-level systems and controls

Understand the necessity of oversight of regulatory compliance by the firm from both the board and the compliance function

Be able to outline the operation of specific internal controls

Understand the roles played by GRC functions and how these relate to other functions within a firm

Determine risk types and indicators for a variety risk areas

Be able to explain how the compliance function contributes to the management of risk

Module OutcomesBy the end of this module you should: Understand the contribution of international and national

organisations, and regulators in the development of corporate governance

Be able to explain BNMs role in the enhancement of Malaysias corporate governance regime

Be able to describe how Malaysias corporate governance regulatory framework impacts on firms

Appreciate the importance of an ethical and compliance culture for establishing an effective compliance environment

Understand the relationship between ethical practices, reputation and conduct in maintaining a sustainable business

Understand the ways in which each of the principles may affect firms and the potential penalties for breaches

Be able to explain aspects of financial reporting that is significant for compliance and for a firm

EXAMINATIONs & LEARNING sUPPORTMethod of Assessment

Exam Preparation You can prepare for the exam through self study using the comprehensive online course materials provided by ICA & AICB.

Boost your self study effort with:

2-day workshops Online induction and learning support

Examination (50%) - Open book examination: a choice of questions, including case studies,

report writing and essays - Duration: 1 hour and 30 minutes with 15 minutes of reading time Assignment (50%): 2,000-2,500 words

Each module:

how Many Intakes Are There? There are 2: one in February and another in August. The assignment is submitted during the course, while the examination will occur at the end of the six month period.

PARTIEs INVOLVED

ENTRY REQUIREMENTs

Disclaimer: Dates are accurate at time of print but may be subject to change based on the Institutes discretion.

International Compliance Association (ICA)

Manchester Business school, The University of Manchester (MBs)

Asian Banking school (ABs)

Course schedule

This Certification is open to anyone who is interested in pursuing a career in compliance or risk. However, candidates must:

Be an Individual Member of AICB Have good general education Have the ability to complete the reading and written aspects of the programme in English

AICB has formed a strategic alliance with the International Compliance Association (ICA) to create a certification and training in the field of Compliance. The ICA is a professional, awarding body with a global membership. Since it was founded in 2001, thousands of individuals have completed ICAs diploma and certificate programmes all over the world. ICAs internationally recognised qualifications are a benchmark of professionalism, competence and excellence. The ICA is the government appointed Lead Provider of Financial Industry Competency Standards, accredited training and assessment programmes in the field of compliance in Singapore. The ICA helps businesses, regulatory authorities, government agencies and clients promote best practices through education, dialogue, information exchange and detailed resource material. The ICA aims to help improve the performance of individuals, firms and the industry as a whole. The ICA works in association with its quality assurance partner, Manchester Business School, The University of Manchester.

MBS is the UKs leading centre for business research, offering an impressive range of programmes and services to both students and businesses. They provide world-class business and management education to undergraduates, postgraduates, highly-experienced practitioners and people wishing to pursue academic careers. They compete on a global scale for the best students and staff, and continue to generate ground-breaking research that is recognised by peers and practitioners across the globe.

The Asian Banking School (ABS) is the Asian Institute of Chartered Banker (AICB)s premium learning partner for developing banking talent. ABS is a world-class educational centre for delivering intellectual content and fostering skills in the financial services industry. ABS accomplishes this in close cooperation with banking industry stakeholders through a robust and relevant curriculum and training programmes. ABS has incorporated new communications technology to strike the right balance between classroom experiences and online study. For enquiries, please contact ABS at (603) 2742 7822 or email enquiries@asianbankingschool.com.

Dates for Workshops (Option 1)*

Dates for Workshops (Option 2)*

Feb 2015 6 Mar 2015 (Fri)

30 Mar 2015 (Mon)

27 Apr 2015 (Mon)

28 Apr 2015 (Tue)

29 Apr 2015

(Wed)

30 Apr 2015 (Thur)

1 Jun 2015 (Mon)

25 Jul 2015 (Sat)

Aug 2015 1 Jul 2015

(Wed)

3 Aug 2015 (Mon)

26 Oct 2015 (Mon)

27 Oct 2015 (Tue)

28 Oct 2015

(Wed)

29 Oct 2015 (Thur)

30 Nov 2015 (Mon)

23 Jan 2016 (Sat)

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hOW TO REGIsTER Enrol Now Effective 16 February 2015, please contact Asian Banking School at (603) 2742 7822 or email enquiries@asianbankingschool.com to enrol.

For more information on this certification, please email marketing@aicb.org.my

Introductory Price for 2015 (AICB Member) RM3,000

Published Price RM6,000

PROGRAMME FEEs

The fees cover course materials, face-to-face workshops, course webinars and 2 examination sitting attempts.

Note: AICB membership and programme fees are subject to change due to the application of GST effective 1st April 2015. For the latest updates, please visit www.aicb.org.my

Application

Membership Categories

Financial Institutions Non-Financial Institutions

Ordinary (RM) Member (RM) Affiliate (RM) Associate (RM)

Employed in approved financial institution

Non-managerial position

Less than 5 years work experience

Employed in approved financial institution, AND:

- AICB certification/qualification + 3 years work experience in financial services + supervisory/management position

OR

- Recognised degree/professional qualification + 5 years work experience in financial services + supervisory/management position

Not employed in approved financial institution

Non-managerial position

Less than 5 years work experience

Not employed in approved financial institution

Managerial position

At least 5 years work experience

New Membership Annual Subscription

40 90 60 110

Renewal of Annual Subscription

40 90 60 110

AICB MEMBERshIP FEEsBelow are the various membership fees for the following categories of membership:

AsIAN INsTITUTE OF ChARTERED BANKERs

Wisma IBI, 5 Jalan Semantan, Damansara Heights, 50490 Kuala Lumpur, Malaysia.

T (603) 2095 6833 F (603) 2095 2322 E marketing@aicb.org.my W www.aicb.org.my

(35880-P)Asian Institute of Chartered Bankers (formerly known as Institut Bank-Bank Malaysia)

www.facebook.com/TheAICB Asian Institute of Chartered BankersTheAICB

The Asian Institute of Chartered Bankers (AICB) is the professional body for the banking and financial services industry in Malaysia. It aims to elevate the banking industry and uphold standards of excellence by enhancing the quality of professionals who work within the industry.

To that end, AICB offers industry-focused professional examinations, qualifications and awards that are attuned to the cultural changes and the evolving landscape of the financial world. It accomplishes this through its own curriculum and through collaboration with renowned institutions locally and abroad, to share international best practices and standards. An AICB qualification elevates your status as a banking professional on par with the worlds best.

Transformed from the Institute of Bankers Malaysia founded in 1977, the establishment of the Asian Institute of Chartered Bankers is an initiative supported by its Council. With this transformation, AICB will champion the vision of professionalising bankers to establish high standards of professional excellence as well as to instil a minimum standard of professional and ethical conduct through the partnership with the Chartered Banker Institute, the only professional banking Institute in the UK.