Please read the information below:
1) The course has been converted to blended learning to include pre-course reading materials and bite sized e-learning modules (CPE hours are not issued for e-learning) to be completed before you attend the live webinar. Please note the live webinar will be conducted over 3.5 hours where the training content is revised for relevance in the current context. Participants are encouraged to complete the e-learning module before attending the live webinar.
2) For more information on how to access and use the E-Learning Course, please download a copy of the user guide here.
3) The Proficiency test is administered by ACRA separately. Please visit ACRA website or click here for more information on the Proficiency Test.
4) If you are a lawyer and wish to claim your CPD points via E154v, please scroll down to the end of the page to read SILE attendance policy.
Should you require any assistance, please contact us via email at cpe@isca.org.sg or call us at 67498060 / 6597 5533.
Notice
Your enrolment would constitute that consent has been given to ISCA to release your personal information to ACRA for their verification and record purpose. Please ensure that your NRIC / FIN number submitted for the online enrolment is accurate.
By registering to this course, you agree to ISCA Privacy and Data Protection Policy at http://isca.org.sg/privacy-and-data-protection-policy and that ISCA may collect, use and/or disclose your personal data for matters relating to the enrolment of the course in accordance with the Personal Data Protection Act 2012. The Institute may from time to time use your personal data to inform you of related news, activities, benefits, goods, services, facilities and events. The Institute may also use your personal data for the conduct of statistical research and studies, and analyse the data collected to administer, develop and improve its services. For the purpose of event coverage, photography (and videography) will be in progress during the event. Please inform the photographers (or organiser) if you do not wish for your photographs to be taken. Further, you agree that ISCA may disclose your Personal Data to ACRA for the purpose of processing your enrolment and course administration, which shall be subject to ACRA's data policy.
Utilisation of the ISCA FlexLearn Packages will also not be eligible for this course.
Programme Objective
This course intends to provide Registered Filing Agents (RFAs) with sufficient knowledge and understanding in respect of anti-money laundering (AML) and counter financing of terrorism (CFT) to enable RFAs to better comply with prevailing ACRA and relevant Singapore’s regulatory requirements in this regard.
The course will be delivered over a 3.5 hours session and followed with a mandatory assessment to be separately administered by ACRA.
Programme Outline
The course is designed to enable RFAs to demonstrate:
- knowledge and understanding of AML/CFT legislations, regulatory trends and developments in Singapore
- knowledge and understanding of the AML/CFT environment in Singapore and international trends and typologies
- knowledge and understanding of how to carry out risk assessment and conduct various types of customer due diligence
- familiarity with ACRA Guidelines for RFAs
- awareness of how ACRA’s Compliance review and inspections impact RFAs
Learning Outcomes
At the end of the Course, RFAs should be able to
- explain how and why money laundering and terrorism financing is negatively affecting global economy
- identify the global and local regulatory trends and typologies in AML/CFT
- identify the stages of money laundering and terrorism financing and how their origins in criminal activities can be disguised in order to avoid the criminals involved from detection and prosecution
- understand the risk involved for RFAs when dealing with money launderers, terrorists and sanctioned names
- recognise that such risks can be mitigated by RFAs complying with ACRA Guidelines and take appropriate steps to put in place relevant control mechanism
- implement a reasonable, objective and consistent methodology in risk assessment
- draft an appropriate IPPC for its business operation in order to comply with ACRA Guidelines
- understand how to carry out customer due diligence, identification and verification of customer identity and corresponding record keeping obligations
- put in place appropriate Compliance and Audit arrangement as well as Employee screening and training plans
| Training Session | Speaker / Duration |
| Programme Outline (E-learning Module) | 4-Hour |
Part 1 | Section A | 1. Overview of Money Laundering, Terrorism Financing and Proliferation Financing on Sanctions | Benjamin Ngo |
Section B | 2. Financial Action Task Force (FATF) |
3. Global and Regional Context |
Section C | 4. AML / CFT / Sanctions Requirements |
5. Typologies – For Reading |
Part 2 | - | 1. Risk Assessment | Chionh Chye Kit |
2. Politically Exposed Persons (PEP) |
Part 3 | Section A | 3. ACRA’s Guidelines for Registered Filing Agents (RFAs) |
4. Internal Policy, Procedures and Control (IPPC) |
5. Performance of Customer Due Diligence (CDD) Measures |
6. Identification and Verification of Customers, Agents and Beneficial Owners |
7. Timing of Verification |
8. Performance of CDD Measures by Third Parties |
9. Ongoing Monitoring |
10. Simplified CDD Vs Enhanced CDD |
11. Enhanced Customer Due Diligence Measures |
Section B | 12. Suspicious Transaction Reporting (STR) |
13. Record Keeping |
14. Compliance Management |
15. Employee Screening and Training |
References |
| Live Webinar | 3.50-Hour |
Part 4 | - | 1. Recap of Key Concepts and Requirements (including Risk Assessment, IPPC, CDD, STR etc) | 1pm to 4.30pm |
2. Case Studies – Practical Illustration and Discussion | Benjamin Ngo & |
3. Q&A (Pigeonhole Live) | Chionh Chye Kit |
Part 4: Live Webinar - Programme Flow |
1 | 12.30pm to 1.00pm | 30 Minutes | WebinarLogin |
2 | 1.00pm to 1.30pm | 30 Minutes | Mr Benjamin Ngo / Mr Chionh Chye Kit |
3 | 1.30pm to 2.30pm | 60 Minutes | Mr Benjamin Ngo – Case Studies |
4 | 2.30pm to 2.45pm | 15 Minutes | Break |
5 | 2.45pm to 3.45pm | 60 Minutes | Mr Chionh Chye Kit – Case Studies |
6 | 3.45pm to 4.00pm | 15 Minutes | Break |
7 | 4.00pm to 4.30pm | 30 Minutes | Q&A Moderate Q&A session / Pigeonhole |
| | 3.5 Hours | Total CPE Hours |
| THE COVERAGE OF PART 4 - LIVE WEBINAR VIA ZOOM Overview - What is Money Laundering?
- What is Terrorism Financing?
- What is a Sanction?
- FATF - Overview
- FATF - 40 Recommendations
- ACRA Regulations - RFA Terms & Conditions
- Customer Due Diligence
- Risk Based Approach
- Compliance Management
- Case studies – Typologies, Indicators and Red Flags
|
Training Sessions:
Intakes | Dates | Organisers | Venue | Registration |
| Session 86 | 12-Feb-25 | ISCA | Live Webinar | |
| Session 87 | 26-Mar-25 | ISCA | Live Webinar | |
| Session 88 | 16-Apr-25 | ISCA | Live Webinar | |
For more information on Mandatory Training and Proficiency Test requirements for Registered Filing Agents, please visit ACRA’s website or click here.
Continuing Professional Development
| | Practice Area: Mandatory Ethics Component (Ethics and Professional Standards)
Training Level: General
Public MEC Points: 2.5 points |
Accreditation by SILE:
E154v: Anti-Money Laundering / Combating The Financing Of Terrorism (“AML / CFT”) Course (Live Webinar)
Date: 12 Feb 2025
Time: 1pm to 4.30pm
Note: This Training has been accredited by SILE as a Live Webinar. Lawyers are required to stay logged in throughout the webinar.
Participants who wish to obtain CPD Points are reminded that they must comply strictly with the Attendance Policy set out in the CPD Guidelines. For this activity, this includes logging in at the start of the webinar and logging out at the conclusion of the webinar in the manner required by the organiser, and not being away from the entire activity for more than 15 minutes. Participants who do not comply with the Attendance Policy will not be able to obtain CPD Points for attending the activity. Please refer to http://www.sileCPDcentre.sg for more information.
For further clarification, please contact us at (65) 67498060 or email cpe@isca.org.sg.
Training Methodology
Seminar style
Closing Date for Registration
1 week before programme or until full enrolment
Intended For
All level
Schedule & Fees
Date & Time
10 Jun 2026 (9:00 AM - 5:00 PM)
Fee (inclusive of GST)
SGD pricing -
For Members:
For Non-Members:
Programme Facilitator(s)
Team of Professionals (BOD002C)
Venue
60 Cecil Street
ISCA House
Vietnam 049709
Testimonial
Funding
No funding Available!
Programme Facilitator(s)
Professor Mak Yuen Teen
Mak Yuen Teen is Professor (Practice) of Accounting at the NUS Business School, National University of Singapore (NUS). He was a former Vice Dean of the School and the founder of the first corporate governance centre in Singapore at NUS. He holds first class honours, master and PhD degrees in accounting and finance. He currently serves on the Corporate Governance Advisory Committee under MAS aimed at continually raising corporate governance standards for listed companies in Singapore.
Please read the information below:
1) The course has been converted to blended learning to include pre-course reading materials and bite sized e-learning modules (CPE hours are not issued for e-learning) to be completed before you attend the live webinar. Please note the live webinar will be conducted over 3.5 hours where the training content is revised for relevance in the current context. Participants are encouraged to complete the e-learning module before attending the live webinar.
2) For more information on how to access and use the E-Learning Course, please download a copy of the user guide here.
3) The Proficiency test is administered by ACRA separately. Please visit ACRA website or click here for more information on the Proficiency Test.
4) If you are a lawyer and wish to claim your CPD points via E154v, please scroll down to the end of the page to read SILE attendance policy.
Should you require any assistance, please contact us via email at cpe@isca.org.sg or call us at 67498060 / 6597 5533.
Notice
Your enrolment would constitute that consent has been given to ISCA to release your personal information to ACRA for their verification and record purpose. Please ensure that your NRIC / FIN number submitted for the online enrolment is accurate.
By registering to this course, you agree to ISCA Privacy and Data Protection Policy at http://isca.org.sg/privacy-and-data-protection-policy and that ISCA may collect, use and/or disclose your personal data for matters relating to the enrolment of the course in accordance with the Personal Data Protection Act 2012. The Institute may from time to time use your personal data to inform you of related news, activities, benefits, goods, services, facilities and events. The Institute may also use your personal data for the conduct of statistical research and studies, and analyse the data collected to administer, develop and improve its services. For the purpose of event coverage, photography (and videography) will be in progress during the event. Please inform the photographers (or organiser) if you do not wish for your photographs to be taken. Further, you agree that ISCA may disclose your Personal Data to ACRA for the purpose of processing your enrolment and course administration, which shall be subject to ACRA's data policy.
Utilisation of the ISCA FlexLearn Packages will also not be eligible for this course.
Programme Objective
This course intends to provide Registered Filing Agents (RFAs) with sufficient knowledge and understanding in respect of anti-money laundering (AML) and counter financing of terrorism (CFT) to enable RFAs to better comply with prevailing ACRA and relevant Singapore’s regulatory requirements in this regard.
The course will be delivered over a 3.5 hours session and followed with a mandatory assessment to be separately administered by ACRA.
Programme Outline
The course is designed to enable RFAs to demonstrate:
- knowledge and understanding of AML/CFT legislations, regulatory trends and developments in Singapore
- knowledge and understanding of the AML/CFT environment in Singapore and international trends and typologies
- knowledge and understanding of how to carry out risk assessment and conduct various types of customer due diligence
- familiarity with ACRA Guidelines for RFAs
- awareness of how ACRA’s Compliance review and inspections impact RFAs
Learning Outcomes
At the end of the Course, RFAs should be able to
- explain how and why money laundering and terrorism financing is negatively affecting global economy
- identify the global and local regulatory trends and typologies in AML/CFT
- identify the stages of money laundering and terrorism financing and how their origins in criminal activities can be disguised in order to avoid the criminals involved from detection and prosecution
- understand the risk involved for RFAs when dealing with money launderers, terrorists and sanctioned names
- recognise that such risks can be mitigated by RFAs complying with ACRA Guidelines and take appropriate steps to put in place relevant control mechanism
- implement a reasonable, objective and consistent methodology in risk assessment
- draft an appropriate IPPC for its business operation in order to comply with ACRA Guidelines
- understand how to carry out customer due diligence, identification and verification of customer identity and corresponding record keeping obligations
- put in place appropriate Compliance and Audit arrangement as well as Employee screening and training plans
| Training Session | Speaker / Duration |
| Programme Outline (E-learning Module) | 4-Hour |
Part 1 | Section A | 1. Overview of Money Laundering, Terrorism Financing and Proliferation Financing on Sanctions | Benjamin Ngo |
Section B | 2. Financial Action Task Force (FATF) |
3. Global and Regional Context |
Section C | 4. AML / CFT / Sanctions Requirements |
5. Typologies – For Reading |
Part 2 | - | 1. Risk Assessment | Chionh Chye Kit |
2. Politically Exposed Persons (PEP) |
Part 3 | Section A | 3. ACRA’s Guidelines for Registered Filing Agents (RFAs) |
4. Internal Policy, Procedures and Control (IPPC) |
5. Performance of Customer Due Diligence (CDD) Measures |
6. Identification and Verification of Customers, Agents and Beneficial Owners |
7. Timing of Verification |
8. Performance of CDD Measures by Third Parties |
9. Ongoing Monitoring |
10. Simplified CDD Vs Enhanced CDD |
11. Enhanced Customer Due Diligence Measures |
Section B | 12. Suspicious Transaction Reporting (STR) |
13. Record Keeping |
14. Compliance Management |
15. Employee Screening and Training |
References |
| Live Webinar | 3.50-Hour |
Part 4 | - | 1. Recap of Key Concepts and Requirements (including Risk Assessment, IPPC, CDD, STR etc) | 1pm to 4.30pm |
2. Case Studies – Practical Illustration and Discussion | Benjamin Ngo & |
3. Q&A (Pigeonhole Live) | Chionh Chye Kit |
Part 4: Live Webinar - Programme Flow |
1 | 12.30pm to 1.00pm | 30 Minutes | WebinarLogin |
2 | 1.00pm to 1.30pm | 30 Minutes | Mr Benjamin Ngo / Mr Chionh Chye Kit |
3 | 1.30pm to 2.30pm | 60 Minutes | Mr Benjamin Ngo – Case Studies |
4 | 2.30pm to 2.45pm | 15 Minutes | Break |
5 | 2.45pm to 3.45pm | 60 Minutes | Mr Chionh Chye Kit – Case Studies |
6 | 3.45pm to 4.00pm | 15 Minutes | Break |
7 | 4.00pm to 4.30pm | 30 Minutes | Q&A Moderate Q&A session / Pigeonhole |
| | 3.5 Hours | Total CPE Hours |
| THE COVERAGE OF PART 4 - LIVE WEBINAR VIA ZOOM Overview - What is Money Laundering?
- What is Terrorism Financing?
- What is a Sanction?
- FATF - Overview
- FATF - 40 Recommendations
- ACRA Regulations - RFA Terms & Conditions
- Customer Due Diligence
- Risk Based Approach
- Compliance Management
- Case studies – Typologies, Indicators and Red Flags
|
Training Sessions:
Intakes | Dates | Organisers | Venue | Registration |
| Session 86 | 12-Feb-25 | ISCA | Live Webinar | |
| Session 87 | 26-Mar-25 | ISCA | Live Webinar | |
| Session 88 | 16-Apr-25 | ISCA | Live Webinar | |
For more information on Mandatory Training and Proficiency Test requirements for Registered Filing Agents, please visit ACRA’s website or click here.
Continuing Professional Development
| | Practice Area: Mandatory Ethics Component (Ethics and Professional Standards)
Training Level: General
Public MEC Points: 2.5 points |
Accreditation by SILE:
E154v: Anti-Money Laundering / Combating The Financing Of Terrorism (“AML / CFT”) Course (Live Webinar)
Date: 12 Feb 2025
Time: 1pm to 4.30pm
Note: This Training has been accredited by SILE as a Live Webinar. Lawyers are required to stay logged in throughout the webinar.
Participants who wish to obtain CPD Points are reminded that they must comply strictly with the Attendance Policy set out in the CPD Guidelines. For this activity, this includes logging in at the start of the webinar and logging out at the conclusion of the webinar in the manner required by the organiser, and not being away from the entire activity for more than 15 minutes. Participants who do not comply with the Attendance Policy will not be able to obtain CPD Points for attending the activity. Please refer to http://www.sileCPDcentre.sg for more information.
For further clarification, please contact us at (65) 67498060 or email cpe@isca.org.sg.
Training Methodology
Seminar style
Closing Date for Registration
1 week before programme or until full enrolment
Intended For
All level
Programme Facilitator(s)
Professor Mak Yuen Teen
Mak Yuen Teen is Professor (Practice) of Accounting at the NUS Business School, National University of Singapore (NUS). He was a former Vice Dean of the School and the founder of the first corporate governance centre in Singapore at NUS. He holds first class honours, master and PhD degrees in accounting and finance. He currently serves on the Corporate Governance Advisory Committee under MAS aimed at continually raising corporate governance standards for listed companies in Singapore.
