Anti Bribery Corruption

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This is an intensive programme for participants to learn more about the rules & regulations in Financial Market industry. This programme is to ensure potential financial advisers/ representatives possess the requisite knowledge of the regulatory framework, including the laws & regulations, and associated codes, notices, practice notes and guidelines governing the capital markets and insurance intermediaries in Singapore.The program will be conducted through E-Learning. Through the programme, you will learn how to become a better financial advisor in the current environment.

Programme Duration

2 hours including assessment test.

Programme Structure

  • Designed for FA Reps to enhance their understanding of rules & regulations in capital markets of Singapore when they conduct business with their clients.
  • This is an E- Learning programme for Part 1 (1.5hrs) / Multiple Choice Questionnaire (MCQ) Assessment (0.5hrs).
  • Upon successful completion of the programme, FA Reps to be eligible for the 2 hours CPD requirements, under the MAS Guidelines for FA Reps.
  • Course will be conducted in English language

Content Outline

Rules & Regulations Anti Bribery & Corruption

  • Key Definition
  • Corruption Indicators
  • Case Study
  • Anti-Bribery Laws and the Sanctions for Non-Compliance
  • Foreign Corrupt Practices Act (FCPA)
  • Overview of Prevention of Corruption Act (PCA)
  • Third Party Due Diligence
  • Whistle-blowing

Learning Objectives

  • What is Anti-Bribery & Corruption
  • What are the Anti-Bribery Laws and Sanctions for non-compliance
  • What is Conflict of Interest
  • Understand what are the Disciplinary Actions for non-compliance

Learning Outcomes

By the end of this course, participants will be able to:

  • Gain an understanding of the relevant provisions of the Financial Advisors Act and applicable regulations relevant for financial advisers.
  • Discuss regulatory issues which financial advisors have to deal with including prevention of money laundering and countering the financing of terrorism.
  • Analyse and illustrate understanding of the relevant legal and regulatory principles by recommending appropriate advice/ course of action with specific outcomes in mind.

Assessment Methodology

  • The training duration is 1.5hrs for each part with an assessment component at the end (30mins) to assess the participants’ understanding.
  • Successful completion MCQ Assessment after the training session (70% passing rate)
  • Participants shall answer all the 15 questions within the time limit. 1 question two minutes.
  • There will be a processes and procedures in place to authenticate and tack that the specific representative is the one taking the e-learning course and assessment (e.g. individual login, administering the assessment in a controlled environment).