Updates on AICB’s Programmes

Im Looking For
Chartered Banker Upcoming Events ICA
Banking Ethics Unveiled: Real-World Insights
Banking Ethics Unveiled: Real-World Insights
FT Live 2024 Global Banking Summit
FT Live 2024 Global Banking Summit
Navigating the National Sustainability Reporting Framework (NSRF): Practical Insights for the Banking Sector
Navigating the National Sustainability Reporting Framework (NSRF): Practical Insights for the Banking Sector
Events announcement herobanner desktop

Announcements

Updates on AICB’s Programmes


15 Jan 2024

AICB is pleased to announce the following updates to its programmes:

A. Scheduled Exam Sittings to Replace On-Demand Exams for Selected Modules

Exams on-demand for the following modules will be ceased by 30 June 2024. Intakes available this year are in April 2024 (July 2024 exam sitting), August 2024 (November 2024 exam sitting), and December 2024 (March 2025 exam sitting). To view the schedules, please click here.

The following modules in Level 2 of the Chartered Banker (CB) qualification are affected:

ModuleExam Format
CurrentRevised
Professionalism and Ethics (PET)

On-demand

3 intakes per year
(April, August and December)

Bank Audit Practices (BKA)
Bank Business Credit Practices (BBC)
Bank Retail Credit Practices (BRC)
Bank Risk Practices (BKR)

B. Exam Reschedules: Limited to Three Times per Registration for Exams Conducted via AICB–Pearson VUE

Effective 13 July 2024, candidates will only be allowed to reschedule three times per exam registration. This limitation does not apply to exams conducted for International Compliance Association (ICA) programmes and the Certificate in Climate Risk (CICR) programme.

Upon the 3rd reschedule, candidates who fail to attempt the exam will have the status “Absent” indicated in their records, and be required to re-register for the exam within the module time limit and pay the re-sit fee.

All candidates will be given three new opportunities to reschedule beginning 13 July 2024. Previous reschedules will not be counted.

C. Revised Time Limit for Investor Protection Professional Certification (IPPC) Programme

Effective 1 March 2024, a two-year qualification and module time limit will be introduced for the Investor Protection Professional Certification (IPPC) programme.

Programme

Number of Modules

Qualification Time Limit

Module Time Limit

Current

Revised

Current

Revised

Investor Protection Professional Certification (IPPC)

1 Module

2 years

2 years / module

Existing candidates who have enrolled in IPPC will be given a fresh two-year time limit to complete the programme. This will be reflected in the AICB Member Portal by 1 March 2024.

Candidates who do not complete the programme within this timeframe will be required to re-apply.

Candidates’ FMAM memberships are not affected by the time limit.

D. Revised Entry Requirements

The following programmes will be assessed based on the new entry requirements, with immediate effect:

Programme

Eligibility

Previous

New

Certificate in Financial Services (CFS)

  • Individuals who possess the SPM qualification, or an equivalent qualification.
  • Available to individuals who possess SPM with a Credit in English, or an equivalent qualification.

Certificate in Credit (CCR)

Certificate in Anti-Money Laundering and Counter Financing of Terrorism (CAM)

Certificate in Regulatory Compliance (CRCOP)

For enquiries, please contact our Member Services team at [email protected] or call 03-2602 6833.

Back To Top