Advanced Certificate in AML, Fraud and Sanctions

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Strengthen your skills and capabilities in managing financial crime risks

Strengthen your skills and capabilities in managing financial crime risks
	2026 Schedule Available
	Up to 70% IBF Subsidy and SkillsFuture Credit Claimable

Programme Overview

This comprehensive programme equips compliance, legal, audit, and risk professionals with the advanced skills required to navigate today’s increasingly complex financial crime landscape. Designed to address emerging threats and evolving regulatory priorities, this programme combines foundational concepts with applied learning to deepen participants’ abilities to identify, mitigate and manage financial crime risks across the financial sector.

Participants will gain a strong understanding of key financial crime typologies, Singapore’s regulatory framework, and global best practices. The curriculum blends strategic concepts with hands-on application, enabling professionals to design effective control frameworks, enhance monitoring and surveillance functions, and leverage technology to improve detection and decision‑making.

This Advanced Certificate will a comprehensive and integrated approach to financial crime risk management, covering AML/CFT regulations, fraud and cyber-enabled crime, sanction requirements and trade-based money laundering risks. Together, the modules form a structured learning pathway that builds a holistic understanding of financial crime risk management. The programme is designed to be flexible yet cohesive, allowing participants to undertake modules individually or as a bundled Advanced Certificate to deepen expertise in a focused, coherent manner.

Delivered by experienced industry practitioners, the programme features interactive discussions, real-world case studies, and practical exercises. Assessments emphasise real-world applicability, ensuring that learners can translate classroom learning into operational effectiveness. Upon successful completion, participants will be well-positioned to enhance their organisation’s risk posture, enhance financial crime defences, and meet rising regulatory expectations with confidence.

Programme Structure

Modules

AML and Financial Crime Compliance

Financial Crimes Compliance is a key focus area for regulators locally and globally with significant fines and penalties applied. This module will provide participants with an understanding of Singapore regulations, overview of key financial crime risks and design of financial crime programmes including in the context of a changing technological landscape. The Compliance function also serves to provide challenge and independent oversight through robust compliance monitoring and surveillance. Participants will be able to design, establish and operate effective and efficient monitoring and surveillance programmes and control processes leveraging the use of technology.

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

Articulate key financial crime typologies and the relevant regulations, including anti-money laundering (AML), sanctions, anti-bribery, and corruption laws and standards.
Analyse current financial crime challenges, including those posed by evolving financial ecosystems and new business models, such as digital assets.
Design and implement a comprehensive AML/CFT policy that aligns with regulatory requirements and industry best practices.
Develop risk mitigation strategies for AML, CFT, sanctions, anti-bribery, corruption, and fraud, tailored to the organization’s risk profile.
Interpret data privacy regulations and personal data handling policies, ensuring compliance in the context of financial crime prevention.
Design and deploy monitoring, surveillance, and control programs that are both effective and efficient, ensuring alignment with organisational strategies and regulatory frameworks.
Evaluate and recommend technological solutions to enhance monitoring, surveillance, and control activities, improving operational efficiency.
Develop mechanisms to track and assess program effectiveness, ensuring the continuous improvement of implemented tools, scenarios, and processes.
Assess the outcomes of monitoring and control activities, identifying gaps and recommending enhancements to strengthen the organisation’s control framework

Total Training Duration: 16 CPD Hours

Core FAA CPD: 6 Hours

Core SFA CPD: 6 Hours

Classroom Hours: 16

Preparatory Hours: 4

Fraud, Scams and Cyber-enabled Financial Crime

This module is designed to equip learners with essential knowledge and skills to detect, prevent, and manage frauds, scams, and cyber-enabled financial crimes within the financial services industry. Emphasising real-world application, the course will leverage complex case studies and practical scenarios tailored to Singapore’s evolving regulatory landscape. Participants will deepen their understanding of fraud typologies, explore regulatory expectations, and gain strategies to foster a culture of fraud awareness across their organisations.

By the end of this module, participants will be able to

Identify and evaluate situations that heighten the probability of fraud, scams, and cyber-enabled financial crimes.
Explain relevant regulations, policies, and procedures for preventing and detecting frauds, scams, and cyber-enabled financial crimes in financial services.
Anticipate potential fraud scenarios across different business areas and activities.
Coach staff to recognise vulnerabilities that could lead to fraud and scams, including control deficiencies.
Review, escalate, and resolve fraud cases with effective stakeholder engagement.
Drive the implementation of fraud and cybercrime controls and establish a management framework.
Advise on investigative methods for addressing complex fraud and cyber-enabled crime cases.
Engage with business leaders on feedback and escalation processes related to fraud and corruption risk.
Articulate and advocate for a culture of fraud risk awareness in daily operational tasks.

Total Training Duration: 7 CPD Hours

Total Assessment Duration: 2 Hours

Core FAA CPD: 2.5 Hours

Core SFA CPD: 2.5 Hours

Sanctions, Trade-based Money Laundering Risks and Controls

This module is crafted to equip experienced officers with deeper expertise in managing sanctions and Trade-based Moneylaundering risks. Participants will engage with real-world case studies, ranging from straightforward to complex scenarios, to build analytical and practical skills essential in a global regulatory environment, with a focus on the financial services landscape in Singapore. Through interactive discussion and hands-on exercises, this course will provide insights into global and local sanction frameworks, TBML typologies, risk controls, and the communication of risk frameworks across the organisation.

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

Understand the regulatory landscape.
Review and set target risk levels for Sanctions and TBML in alignment with organisational risk appetite set by the board and senior management.
Identify and assess Sanctions and TBML risks and threats through comprehensive risk assessments.
Design robust Sanctions and TBML risk management frameworks, processes, and strategies in collaboration with stakeholders.
Direct the development and implementation of Sanctions and TBML risk controls and response activities aligned to organisational risk strategy.
Evaluate the effectiveness of various Sanctions and TBML risk controls and responses from an enterprise perspective.
Communicate Sanctions and TBML risk management best practices, frameworks, and processes effectively to all employees.
Articulate the impact of the enterprise risk management framework on the organization’s overall risk management strategy.

Total Training Duration: 8.5 CPD Hours

Classroom Hours: 8.5

Preparatory Hours: 4

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Who Should Attend

This programme is designed for Compliance, Legal, Risk, and Audit professionals, as well as individuals in the first and 1.5 lines of defence who aim to strengthen their capabilities in managing financial crime risks. It is also suitable for external lawyers and consultants who support financial institutions on matters relating to financial crime, regulatory, and compliance.

Minimum Entry Requirements

Participants should hold a Diploma qualification and have at least two years of relevant working experience.

Useful Links

Certification

Participants who successfully complete the programme will be awarded:

Fees and Funding

Certification
Modules	Full Fees (S$)	Fees after subsidies include 9% GST from 1 Jan 2024 (S$)
Before GST	After GST	Company-Sponsored	Company-Sponsored/Self Sponsored

Fees and Funding

Certification
Modules	Full Fees (S$)	Fees after subsidies include 9% GST from 1 Jan 2024 (S$)
Before GST	After GST	Singaporean Aged Below 40 / PR	Singaporean Aged 40 & Above

Fees and Funding

Certification
Modules	Fees after Subsidy (incl. of GST)	Fees after subsidies include 9% GST from 1 Jan 2024 (S$)

Certification
Category

²


¹		Not Applicable

¹ For Singaporeans aged 40 and above, you are eligible to utilise the SkillsFuture Credit (Mid-Career) further to offset your course fee after the IBF subsidy.

² Fees shown are after IBF-STS funding assuming students meet the minimum academic standards outlined by IBF and are physically based in Singapore. The fees are also subject to IBF accreditation approval for all modules.

Fees and Funding

Certification
Modules	Full Fees (S$)	Fees after subsidies include 9% GST from 1 Jan 2024 (S$)
Before GST	After GST	Singaporean Aged Below 40 / PR Company Sponsored/Self Sponsored	Singaporean Aged 40 & Above Company Sponsored/Self Sponsored
Singaporean Aged Below 40 / PR
Company Sponsored/Self Sponsored
Singaporean Aged 40 & Above
Company Sponsored/Self Sponsored
AML and Financial Crime Compliance	2,800.00	3,052.00	1,652.00	1,092.00
Fraud, Scams and Cyber-enabled Financial Crime	1,300.00	1,417.00	767.00	507.00
Sanctions, Trade-based Money Laundering Risks and Controls	1,300.00	1,417.00	767.00	507.00
TOTAL	5,400.00	5,886.00	3,186.00	2,106.00

Fees and Funding

Certification
Core Modules	Full Fees (S$)	Fees after subsidies include 9% GST from 1 Jan 2024 (S$)
Before GST		Singaporean Aged Below 40 / PR	Singaporean Aged 40 & Above
Company Sponsored/Self Sponsored	Company Sponsored/Self Sponsored

Note:

Prices shown are based on the prevailing IBF-STS subsidies. T&Cs apply.

Click here to read more about the terms & conditions governing registration, payment, cancellation, deferment and no-show.

Eligible SG citizens may utilise SkillsFuture Credit to offset course fees. This is only applicable for the regular SkillsFuture Credit, and not applicable for the SkillsFuture Credit (Mid-Career) additional top-up funding.

#Unfunded course fee refers to the balance course fee payable after applicable government subsidies. This may include materials fees, registration fees and misc fees.

The information above is correct at the time of publication. Wealth Management Institute reserves the right to amend the fees and/or terms and conditions as appropriate.

In addition to Course Fees, each participant will also be charged a non-refundable and non-claimable application fee of S$85 (including GST).

This programme is pending accreditation by the Institute of Banking and Finance (IBF). When accredited, Singaporeans and Permanent Residents will be eligible for funding support of up to 70% course fee subsidy under the IBF Standards Training Scheme (IBF-STS).

Fees shown are after IBF-STS funding. Subsidised fees apply upon participants’ successful completion of the programme, which includes (i) fulfilling minimum attendance requirements and (ii) passing all relevant assessments.

Subsidies are subject to change by IBF and fees will be adjusted based on prevailing funding rates. Click here to read more about funding support for IBF-STS, and terms & conditions governing registration, payment, cancellation, deferment and no-show.

The information above is correct at the time of publication. Wealth Management Institute reserves the right to amend the fees and/or terms and conditions as appropriate.

Schedule

Schedule
Modules	Intake 1 (In-person)	Intake 2 (In-person)
AML and Financial Crime Compliance	20 & 21 April 2026	3 & 4 August 2026
Fraud, Scams and Cyber-enabled Financial Crime	16 March 2026	9 June 2026
Sanctions, Trade-based Money Laundering Risks and Controls	18 March 2026	24 August 2026