Masterclass in Financial Regulation for the Digital Age

Finance & Investment

Next Intake: 12 Mar 2025 (Wed)

Basic
SkillsFuture
Short Courses

This module is conducted online.

Next course starts on

12 Mar 2025 (Wed) See Full Schedule

Fee

SGD3,270* (as low as SGD381 after maximum funding) Learn More

Duration

3 days
Weekdays (9am - 5pm)

Level

Basic

Who Should Attend

Practicing lawyers
In-house counsel
Banking/ finance/ compliance officers or anyone with an interest in finance and fintech

PREREQUISITES

There are no prerequisites for this programme. Prior knowledge on any of the topics is not required.

Overview

Digitalisation in the form of technological innovation is having an ongoing transformative impact on societies and economies. In relation to financial services, digitalisation has significantly affect all sectors ranging from payments to banking and saving to insurance to investing. There are also new risks to consumers associated with digitalisation specific to the financial services sector which need to be monitored and addressed.

Financial services in Singapore are regulated under different legislative frameworks covering key areas such as banking, securities, financial advisory and payment services. In recent years, advancements in technology have accelerated the transformation of business models, and brought about new products and services, and the channels and platforms on which products and services are distributed or sold. Fintech innovation has brought many changes to the way people interact and transact. These changes have also introduced new risks and prompted regulators around the world to enact laws and regulations to protect the integrity of the financial system and the interests of different stakeholders. The impact of Fintech in the fields of finance, banking and insurance are far reaching and its sphere of influence is likely to continue.

Programme Partner

Learning Objectives

At the end of the 3-day course, participants will be able to:

Explain what financial services are
Understand the purpose and objectives of financial regulation in Singapore
Know the framework and key principles of financial regulation in Singapore
Identify key stakeholders in financial regulation in Singapore
Analyse the nature of digital assets and explain the legal implications in Singapore
Explain the considerations for different methods of raising capital in Singapore

Assessment

As part of the requirement for SkillsFuture Singapore, there will be an assessment conducted at the end of the course. The mode of assessment, which is up to the trainer’s discretion, may be an online quiz, a presentation or based on classroom exercises.

Participants are required to attain a minimum of 75% attendance and pass the associated assessment in order to receive a digital Certificate of Completion issued by Singapore Management University.

Calculate Programme Fee

Fee Table

COMPANY-SPONSORED

PARTICIPANT PROFILE

SELF-SPONSORED

SME

NON-SME

Singapore Citizen < 40 years old

Permanent Resident

LTVP+

$981

(After SSG Funding 70%)

$381

(After SSG Funding 70%
+ ETSS Funding 20%)

$981

(After SSG Funding 70%)

Singapore Citizen ≥ 40 years old

$381

(After SSG Funding 70%
+ MCES Funding 20%)

$381

(After SSG Funding 70%
+ ETSS Funding 20%)

$381

(After SSG Funding 70%
+ MCES Funding 20%)

International Participant

$3,270

(No Funding)

$3,270

(No Funding)

$3,270

(No Funding)

All prices include 9% GST

Post Secondary Education Account (PSEA)
PSEA can be utilised for subsidised programmes eligible for SkillsFuture Credit support. Click here to find out more.

Self Sponsored

SkillsFuture Credit: Singapore Citizens aged 25 and above may use their SkillsFuture Credits to pay for the course fees. The credits may be used on top of existing course fee funding.

This is only applicable to self-sponsored participants. Application to utilise SkillsFuture Credits can be submitted when making payment for the course via the SMU Academy TMS Portal, and can only be made within 60 days of course start date.

Please click here for more information on the SkillsFuture Credit. For help in submitting an SFC claim, you may wish to refer to our step-by-step guide on claiming SkillsFuture Credits (Individual).
Workfare Skills Support Scheme: From 1 July 2023, the Workfare Skills Support (WSS) scheme has been enhanced. Please click here for more details.

Company Sponsored

Enhanced Training Support for SMEs (ETSS)

Organisation must be registered or incorporated in Singapore
Employment size of not more than 200 or with annual sales turnover of not more than $100 million
Trainees must be hired in accordance with the Employment Act and fully sponsored by their employers for the course
Trainees must be Singapore Citizens or Singapore Permanent Residents
Trainees must not be a full-time national serviceman
Trainees will be able to enjoy ETSS funding only if the company's SME's status has been approved. To verify your SME's status, please click here.

Please click here for more information on ETSS.

Absentee Payroll