Extension of the 2020 Continuing Professional Development (CPD) Requirements for 2021

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Announcements

Extension of the 2020 Continuing Professional Development (CPD) Requirements for 2021


29 Jun 2021

AICB is aware that the ongoing COVID-19 outbreak has somewhat affected our members’ ability to fulfil their Continuing Professional Development (CPD) requirements for 2021 as well.

In view of this, the AICB Council has considered the request by The Association of Banks in Malaysia (ABM) in January 2021 on the extension of the 2020 CPD requirements for 2021. We are pleased to share that the proposal has been approved and is detailed in the table below.

No.

Category

CPD Requirements

Extension of CPD Reduction for 2021

1.AICB members who hold a professional designation

Total CPD hours: 35 hours

  1. Structured: min. 20 hours, which includes:
    • Ethics: min. 5 hours; and
    • Banking/Finance: min 10 hours.
  2. Unstructured: max. 15 hours.

Total CPD hours: 10 structured* hours

  1. Structured: min. 10 hours, of which at least 2 hours must be on Ethics.
  2. Waiver of unstructured CPD requirement.

2.

AICB-FMAM Dual Membership Holders

Total CPD hours: 38 hours

  1. Structured: min. 20 hours, which includes:
    • Ethics: min. 5 hours; and
    • Banking/Finance: min 15 hours.
  2. Unstructured hours: max. 18 hours.

Total CPD hours: 10 structured* hours

  1. Structured: min. 10 hours, of which at least 2 hours must be on Ethics.
  2. Waiver of unstructured CPD requirement

3.

AICB members who do not hold a professional designation

Structured hours: min. 5 hours on Ethics activities.

Waiver

*Structured includes online learning programmes.

We hope the efforts above will help to address concerns on our members’ ability to meet the CPD requirements for 2021. For enquiries, please contact our Member Services team at [email protected] or call 1300-88-6833 / 03-2602 6833.

Thank you.

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