Professional Qualifications in Anti-Money Laundering / Counter Financing of Terrorism (AML/CFT)

What is Professional Qualifications in Anti-Money Laundering / Counter Financing of Terrorism (AML/CFT)?


AICB offers professional qualifications in Anti-Money Laundering / Counter Financing of Terrorism (AML/CFT) in a strategic partnership with the International Compliance Association (ICA), a global education and training professional body in the field  of Compliance, AML and Financial Crime Prevention.

The qualifications, mapped to the International Occupational Standards of Competency in AML/CFT, are awarded by AICB and ICA. All ICA qualifications are awarded in association with Alliance Manchester Business School, the University of Manchester, the largest campus-based business and management school in the UK.

The qualifications are at three levels


Certification
in
AML/CFT

 

Who it is for?

  • Staff involved in compliance and AML/CFT
  • Staff involved in risk functions
  • Staff involved in internal and external audit
  • Regulatory representatives
  • Staff new to compliance and AML

Membership Requirement – Candidates are required to be Individual Members of AICB.

  • Standard Route (Enrolment)
    • Holds the SPM or equivalent or higher-level qualification; AND
    • Has the ability to complete the reading and written aspects of the programme in English
  • Accelerated Route (Exemption)
    • Not applicable

Advanced Certification in AML/CFT

 

Who it is for?

  • Compliance, AML and Financial Crime Officer
  • Money Laundering Reporting Officer
  • Managers with responsibility for Internal Compliance Controls
  • Internal and External Audit Staff
  • Company Secretaries
  • Legal Practitioners and Support Staff
  • Accountants

Membership Requirement – Candidates are required to be Individual Members of AICB.

  • Standard Route (Enrolment)
    • Completed Certification in Anti-Money Laundering and Counter Financing of Terrorism (ICA/AICB); AND
    • at least 1 year of AML-related experience
  • Accelerated Route (Exemption)
    • Exemptions will be considered for the Certification in Anti-Money Laundering and Counter Financing of Terrorism based on the following requirements:
      • Holds a degree or professional qualification; AND
      • Have 3 years of AML-related work experience.

Certified Professional in Financial Crime Compliance

Who it is for?

  • Heads of Compliance, AML and Financial Crime
  • Money Laundering Reporting Officers
  • Money Laundering Prevention Officers
  • Compliance, AML and Financial Crime Managers and senior staff
  • Senior Risk Staff
  • Regulatory representatives
  • Legal practitioners
  • Internal and external audit staff
  • Company secretaries
  • Accountants

Membership Requirement – Candidates are required to be Individual Members of AICB.

  • Holding a senior leadership role e.g. heading AML / Compliance / Audit / Risk / Operations with at least 3 years’ experience in that role. Level of seniority is C/C-1 and applicants should be from the Reporting Institutions under the AMLATFPUAA 2001; OR
  • Holding the AICB/ICA Advanced Certification in AML/CFT or in Regulatory Compliance with at least 7-8 years’ experience in a related discipline and currently work in a role that includes senior level responsibilities. The applicant should have the support and recommendation of the Chief Compliance Officer

Certification in Anti-Money Laundering/Counter Financing of Terrorism

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Syllabus Structure

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Module 1
Understanding Money Laundering and Terrorist Financing
Module 2
Malaysian AML/CFT Regulatory Framework
Module 3
Customer Due Diligence (CDD), Risk Profiling and Detection Methodologies 
Module 4
 Recognition, Handling and Reporting Transactions and Dealing with Authorities
Module 5
AML/CFT Typologies Across industry Sectors

Advanced Certification in Anti-Money Laundering/Counter Financing of Terrorism

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Syllabus Structure

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Unit 1
International Anti-Money Laundering/Counter-Terrorist Financing Strategies
Unit 2
The Malaysian AML/CFT Regulatory Framework
Unit 3
Money Laundering and Terrorist Financing – Definitions and Nature
Unit 4
The Risk-based Approach to AML/CFT
Unit 5
The Duties and Responsibilities of the Money Laundering Reporting Officer (MLRO) – Compliance Officer (AML/CFT)
 Unit 6
Recognition, Handling and Reporting Transactions
 Unit 7
Post-reporting Considerations
 Unit 8
Designing a Comprehensive Anti-Money Laundering Framework for a Financial Services Business
 Unit 9
Dealing with the Authorities
 Unit 10
Customer Due Dilligence (CDD) and Risk Profiling
 Unit 11
Financial Intelligence, Investigation and Enforcement
 Unit 12
Engendering an Effective Compliance Culture and Maintaining a High Level of Awareness
 Unit 13
Anti-Money Laundering Typologies across Industry Sectors
 Unit 14
AML/CFT Capital Markets

Certified Professional in Financial Crime Compliance

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Syllabus Structure

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Module 1

Masterclass 1A: Current and Emerging Regulatory ‘Hot Topics’

Masterclass 1B: Using Corporate Governance Compliance for the Benefit of the Firm

Module 2

Masterclass 2A: AML/FCC in the Context of Organised Crime and Corruption

Masterclass 2B: Sanctions: Perspective from the Regulator

Module 3

Masterclass 3A: Strategic Risk Management for Leaders

Masterclass 3B: Development in Financial Crime

Module 4

Masterclass 4A: Cyber Security and Payment Services

Masterclass 4B: The Effective Use of Information Technology in AML/FCC

Programme Fees 


Level Price (RM)
(Inclusive of 6% Service Tax)
Certification in AML/CFT 6,360
Advanced Certification in AML/CFT 8,480
Certified Professional in Financial Crime Compliance 12,667

ENROLMENT & EXEMPTION


Must be current AICB individual member
Certification Certification
in Anti-Money Laundering and Counter Financing of Terrorism
Advanced Certification
in Anti-Money Laundering and Counter Financing of Terrorism
Certified
Professional in Financial Crime Compliance
Qualification Minimum SPM certificate or equivalent and has the ability
to complete the reading and written aspects of the programme English
Completed certificate in Anti-Money Laundering and Counter Financing of Terrorism  (ICA/ aspects of the AICB) with at least 1 year of AML- related experience
  • Holding a senior leadership role e.g. heading AML / Compliance / Audit / Risk / Operations with at least 3 years’ experience in that role. Level of seniority is C/C-1 and applicants should be from the Reporting Institutions under the AMLATFPUAA 2001; OR
  • Holding the AICB/ICA Advanced Certification in AML/CFT or in Regulatory Compliance with at least 7-8 years’ experience in a related discipline and currently work in a role that includes senior level responsibilities. The applicant should have the support and recommendation of the Chief Compliance Officer

Applicants who do not fully meet the above requirements may be considered case-to-case with the recommendation of the Chief Compliance Officer.

 

Professional Qualifications in AML/CFT – Exemptions Guidelines
(a) An applicant who holds a degree or professional qualification with at least three years of AML-related experience, is exempted from the first level of the AML/CFT suite of qualifications, Certification in AML/CFT, and is eligible to enrol for the second level qualification, Advanced Certification in AML/CFT.

(b) An applicant who

  1. holds a senior leadership role e.g. heading AML / Compliance / Audit / Risk / Operations with at least 3 years’ experience in that role. Level of seniority is C/C-1 and applicants should be from the Reporting Institutions under the AMLATFPUAA 2001; OR
  2. holds the AICB/ICA Advanced Certification in AML/CFT or in Regulatory Compliance with at least 7-8 years’ experience in a related discipline and currently work in a role that includes senior level responsibilities. The applicant should have the support and recommendation of the Chief Compliance Officer

Applicants who do not fully meet the above requirements [b(i) and b(ii)] may be considered case-to-case with the recommendation of the Chief Compliance Officer.

Certification in Anti-Money Laundering and Counter Financing of Terrorism (Cert. AML/CFT)


(a) Assessment Structure
Type of Assessment
 Weightage
1 assignment: approximately 2,500 words 50%
1  exam: 1  hour 45 minutes  (15 minutes reading time), open book format 50%
(b) Assignment

Referencing and Plagiarism

i) Failure to properly reference and plagiarism are taken extremely seriously. Referencing methods are set out in Appendix 3 to the ICA Study Handbook.

ii) Any candidate found guilty of plagiarism will be subject to appropriate disciplinary procedures and sanctions.

Marking

i) Assignments are forwarded to the first marker for detailed review and comment. Assignments are marked out of 100.

ii) All assignments graded more than 70% or less than 50%, together with a percentage of all assignments initially graded between 51 – 69% are automatically independently re-marked by a second marker.

iii) All assignments achieving more than 70% and less than 50% at the second marking are then examined by a third marker, prior to the final marking agreed by the internal marking team.

(c) Examination Format
Question Format  Essay
No. of Questions 5 (Candidates to choose 2)
Duration of Exam 1 hour 45 minutes (The first 15 minutes is for reading only; candidates may write notes on the question paper only but cannot commence answering questions)
Pass Mark 50%
Examination Type Open book.
Online Examination.
(d) Pass Criteria

The pass mark is 50% of the total mark allocation for assignment and examination. The examination mark is added to the assignment mark and averaged to determine the final assessment result. The pass mark is 50, however, if either the assignment or the examination mark is below 40, this will be deemed as a fail, and this element must be taken again.

(e) Grade Bands
Grade Band Marks
Distinction 70% and above
Merit 60-69%
Pass 50-59%
Marginal Fail 40-49%
Fail 39% and below
(f) Supplementary Award

In addition to the AICB/ICA Cert. AML/CFT award, candidates will obtain the international award, Advanced Certificate in Anti-Money Laundering and Counter Terrorist Financing, which is awarded by ICA in association with Alliance Manchester Business School, the University of Manchester.

 

Advanced Certification in Anti-Money Laundering and Counter Financing of Terrorism (Adv. Cert. AML/CFT)


(a) Assessment Structure
Type of Assessment
 Weightage
2 assignments: approximately 3,000 words each 50%
1  examination: 3  hours 15  minutes, open book format 50%
(b) Assignment

Referencing and Plagiarism

i) Failure to properly reference and plagiarism are taken extremely seriously. Referencing methods are set out in Appendix 3 to the ICA Study Handbook.

ii) Any candidate found guilty of plagiarism will be subject to appropriate disciplinary procedures and sanctions.

Marking

i) Assignments are forwarded to the first marker for detailed review and comment. Assignments are marked out of 100.

ii) All assignments graded more than 70% or less than 50%, together with a percentage of all assignments initially graded between 51-69% are automatically independently re-marked by a second marker.

iii) All assignments achieving more than 70% and less than 50% at the second marking are then examined by a third marker, prior to the final marking agreed by the internal marking team.

(c) Examination Format
Question Format  Essay
No. of Questions 5 (Candidates to choose 2)
Duration of Exam 3 hour  15 minutes (The first 15 minutes is for reading only; candidates may write notes on the question paper only but cannot commence answering questions)
Pass Mark 50%
Examination Type Open book.
Online Examination.
(d) Pass Criteria

The pass mark is 50% of the total mark allocation for assignment and examination. The examination mark is added to the assignment mark and averaged to determine the final assessment result. The pass mark is 50, however, if either the assignment or the examination mark is below 40, this will be deemed as a fail, and this element must be taken again.

(e) Grade Bands

Results will be expressed in grade bands as follows:

Grade Band Marks
Distinction 70% and above
Merit 60-69%
Pass 50-59%
Marginal Fail 40-49%
Fail 39% and below
(f) Supplementary Award

In addition to the Advanced Certification in AML/CFT award, candidates will obtain the international award, International Diploma in Anti-Money Laundering and Counter Terrorist Financing, which is awarded by ICA in association with Alliance Manchester Business School, the University of Manchester.

 

Certified Professional in Financial Crime Compliance 


(a) Assessment Structure

Face-to-face interview assessment, approximately three hours, mapping candidate skills against the competencies for the programme.

  • Interview Assessment Committee
    The interviewers are senior assessors from ICA. Guidelines on the interview are from ICA.
  • Notification of Interview Assessment
    Candidates will be informed of the interview date, time, and venue three weeks before the interview.
  • Interview Format
    Face-to-face oral interview, approximately 3 hours.
  • Interview Schedule
    The interview will be scheduled upon successful completion of the 8 masterclasses.
  • Interview Venue
    The interview assessment will be held in Kuala Lumpur.
(b) Written assessment

Reflective Journal

Candidates are required to submit one reflective journal that details the learnings they have acquired throughout the whole programme, instead of discussing them across several sessions of the individual masterclasses. Candidates are required to use the standard templates provided for the masterclass evaluations, which will form the reflective journal. Candidates who do not use the standard templates will have their reflective journal returned and be asked to resubmit their journals. Reflective journals must be submitted as a single document via the ICA learning platform. The learning platform does not allow the submission of multiple documents.

Candidates will not be permitted to attend the oral interview if:

  • the evaluation is not submitted, or
  • the reflective journal is submitted late,

without providing AICB with a good reason.

(c) Results

Results will be expressed as “Competent” or “Not Yet Competent” for each competency. The award is only granted if a candidate is declared as Competent in all 8 competencies.

There is a notional weighting for different sections of the assessment (60% for the interview and 40% for the reflective journal) to indicate that a candidate’s performance at the interview session is the most important.

(d) Reassessment

Candidates can be re-assessed in individual competencies.

(e) Award Requirements

Candidates must be declared as competent in all six competencies to be granted the award.

(f) Supplementary Award

In addition to the CP (AML/CFT) award, candidates will obtain the international award, International Post-Graduate Diploma in Anti-Money Laundering, which is awarded by ICA in association with Alliance Manchester Business School, the University of Manchester.

QUALIFICATION ENROLMENT & EXAMINATION SCHEDULE FOR 2020

Certification in Anti-Money Laundering / Counter Financing of Terrorism (CAML/CFT)

ACTIVITY

INTAKE

FEBRUARY 2020
(JUNE 2020 EXAM)

AUGUST 2020
(NOVEMBER 2020 EXAM)

Enrolment Period

22 October 2019
(Tuesday)
to
20 December 2019
(Friday)

6 April 2020
(Monday)
to
5 June 2020
Friday)

Exam Registration and Payment Closing Date / L & D Sponsorship Approval Closing Date for New Applicant

10 January 2020
(Friday)

26 June 2020
(Friday)

Commencement of Intake

(Access to ICA LMS)

24 January 2020
(Friday)

10 July 2020
(Friday)

Workshop Dates (Group 1)

24 February 2020
(Monday)
and
25 February 2020
(Tuesday)

3 August 2020
(Monday)
and
4 August 2020
(Tuesday)

Workshop Dates (Group 2)

26 February 2020
(Wednesday)
and
27 February 2020
(Thursday)

5 August 2020
(Wednesday)
and
6 August 2020
(Thursday)

Workshop Location

Kuala Lumpur

Due Date for Assignment Submission

13 April 2020
(Monday)

14 September 2020
(Monday)

Exam Date

13 June 2020
(Saturday)

21 November 2020
(Saturday)

Exam Time

9.30 a.m. – 11.15 a.m.

Exam Location

Kuala Lumpur

Result Release Date

28 August 2020
(Friday)

05 February 2021
(Friday)

 

Important Notes:

  1. AICB reserves the right to cancel, suspend, interrupt or reschedule any examinations and will not be liable for any claims, actions, costs, charges, expenses, damages, losses and liabilities due to the cancellation/deferment of these examinations.
  2. Please adhere to the above closing dates to avoid any delays in the enrolment or registration process.
QUALIFICATION ENROLMENT & EXAMINATION SCHEDULE FOR 2021
CERTIFICATION IN ANTI-MONEY LAUNDERING/COUNTER FINANCING OF TERRORISM (CAML/CFT)
ACTIVITY INTAKE
FEBRUARY 2021
(JUNE 2021 EXAM)
AUGUST 2021
(NOVEMBER 2021 EXAM)
Enrolment Period 19 October 2020 (Monday)
to
18 December 2020 (Friday)
5 April 2021 (Monday)
to
4 June 2021 (Friday)
Exam Registration Closing Date and Payment / L & D Approval Closing Date for New Applicant 8 January 2021
(Friday)
25 June 2021
(Friday)
Commencement of Intake

(Access to ICA LMS)

22 January 2021
(Friday)
9 July 2021
(Friday)
Workshop Dates  

22 – 25 February 2021
(Monday – Thursday)

9 August 2021
(Monday)

11 – 13 August 2021
(Wednesday – Friday)

Workshop Virtual Workshop
Due Date for Assignment Submission 29 March 2021
(Monday)
13 September 2021
(Monday)
Exam Date 12 June 2021
(Saturday)
20 November 2021
(Saturday)
Exam Time TBC
Exam Online Examination
Result Release Date 27 August 2021
(Friday)
04 February 2022
(Friday)

QUALIFICATION ENROLMENT & EXAMINATION SCHEDULE FOR 2020
ADVANCED CERTIFICATION IN ANTI-MONEY LAUNDERING/COUNTER FINANCING OF TERRORISM (ACAML/CFT)

 

ACTIVITY

INTAKE
FEBRUARY 2020
(DECEMBER 2020 EXAM)
AUGUST 2020
(APRIL 2021 EXAM)
Enrolment Period 2 December 2019 (Monday)
to
14 February 2020 (Friday)
12 May 2020 (Tuesday)
to
10 July 2020 (Friday)
Exam Registration and Payment Closing Date / L & D Sponsorship Approval Closing Date 24 February 2020
(Monday)
21 August 2020
(Friday)
Commencement of Intake
(Access to ICA LMS)
13 March 2020
(Friday)
11 September 2020
(Friday)
First Workshop Dates (Group 1)  

6, 7, 8 & 9 July 2020
(Monday, Tuesday, Wednesday, Thursday)

9.00 a.m – 12.00 p.m
*Virtual Workshop

 

 

 

5, 6, 7, 8 October 2020
(Monday, Tuesday, Wednesday, Thursday)

9.00 a.m – 12.00 p.m
*Virtual Workshop

First Workshop Dates (Group 2)
First Workshop Dates (Group 3)  

 

 

13, 14, 15 & 16 July 2020
(Monday, Tuesday, Wednesday, Thursday)

9.00 a.m – 12.00 p.m
*Virtual Workshop

First Workshop Dates (Group 4) 12, 13, 14, 15 October 2020
(Monday, Tuesday, Wednesday, Thursday)

9.00 a.m – 12.00 p.m
*Virtual Workshop

Second Workshop Dates (Group 1) 7 & 8 September 2020
(Monday & Tuesday)
4 & 5 January 2021
(Monday & Tuesday)
Second Workshop Dates (Group 2) 9 & 10 September 2020
(Wednesday & Thursday)
6 & 7 January 2021
(Wednesday & Thursday)
Workshop Location Virtual Workshop Kuala Lumpur
Due Date for First Assignment Submission 17 August 2020
(Monday)
9 November 2020
(Monday)
Due Date for Second Assignment Submission 12 October 2020
(Monday)
25 January 2021
(Monday)
Exam Date 5 December 2020
(Saturday)
3 April 2021
(Saturday)
Exam Time TBC
Exam Location Kuala Lumpur
Result Release Date 19 February 2021
(Friday)
18 June 2021
(Friday)

 

Important Notes:

  1. New candidates are required to complete their qualification enrolments with AICB during the enrolment period. Applications for qualification enrolments must be submitted with complete documentation, failing which applications will not be processed.
  2. Both AICB and ICA reserve the right to cancel, suspend, interrupt or reschedule any examinations and will not be liable for any claims, actions, costs, charges, expenses, damages, loss and liability due to the cancellation/deferment of these examinations.
  3. Please adhere to the above closing dates, to avoid any delays in enrolments/registrations.
QUALIFICATION ENROLMENT & EXAMINATION SCHEDULE FOR 2021
ADVANCED CERTIFICATION IN ANTI-MONEY LAUNDERING/COUNTER FINANCING OF TERRORISM (ACAML/CFT)
ACTIVITY INTAKE
FEBRUARY 2021
(OCTOBER 2021 EXAM)
AUGUST 2021
(APRIL 2022 EXAM)
Enrolment Period 30 November 2020 (Monday)
to
2 February 2021 (Tuesday)
10 May 2021 (Monday)
to
9 July 2021 (Friday)
Exam Registration Closing Date and Payment / L & D Approval Closing Date for New Applicant 22 February 2021
(Monday)
20 August 2021
(Friday)
Commencement of Intake

(Access to ICA LMS)

12 March 2021

(Friday)

10 September 2021

(Friday)

Workshop 1 29 – 31 March 2021 &
1 April 2021
(Monday – Thursday)
4 – 7 October 2021
(Monday – Thursday)
Workshop 2 5 – 8 July 2021
(Monday – Thursday)
3 – 6  January 2022
(Monday – Thursday)
Workshop Virtual Workshop
Due Date for First Assignment Submission 11 May 2021
(Tuesday)
8 November 2021
(Monday)
Due Date for Second Assignment Submission 9 August 2021
(Monday)
24 January 2022
(Monday)
Exam Date 2 October 2021
(Saturday)
2 April 2022
(Saturday)
Exam Time TBC
Exam Online Examination
Result Release Date 17 December 2021
(Friday)
17 June 2022
(Friday)

*Note: The assessment format for this programme is currently under review and candidates may be required to submit a written assessment to supplement the oral face-to-face interview. The full assessment structure for the programme will be confirmed prior to the course commencement and support will be provided to help candidates prepare for all aspects of the assessment.

Important Notes:

  1. New candidates are required to complete their qualification enrolments with AICB during the enrolment period. Applications for qualification enrolments must be submitted with complete documentation, failing which applications will not be processed.
  2. Both AICB and ICA reserve the right to cancel, suspend, interrupt or reschedule any examinations and will not be liable for any claims, actions, costs, charges, expenses, damages, loss and liability due to the cancellation/deferment of these examinations.
  3. Please adhere to the above closing dates, to avoid any delays in enrolments/registrations.
CERTIFIED PROFESSIONAL IN FINANCIAL CRIME COMPLIANCE (CPFCC)
ASSESSMENT ACTIVITY SCHEDULE 2020 FEBRUARY 2020 INTAKE
Enrolment Period *

2 December 2019 (Monday)
to
30 April 2020 (Monday)

Payment Approved / Successful 29 May 2020 (Friday)
Commencement Intake 11 June 2020 (Thursday)
Masterclass 1*

25 June 2020 (Thursday)
9.00 a.m. – 12.00 p.m.

Masterclass 2*

25 June 2020 (Thursday)
1.30 p.m. – 4.30 p.m.

Masterclass 3*

19 August 2020 (Wednesday)
9.00 a.m. – 12.00 p.m.

Masterclass 4*

19 August 2020 (Wednesday)
1.30 p.m. – 4.30 p.m.

Masterclass 5*

17 September 2020 (Thursday)
9.00 a.m. – 12.00 p.m.

Masterclass 6*

17 September 2020 (Thursday)
1.30 p.m. – 4.30 p.m.

Masterclass 7*

28 October 2020 (Wednesday)
9.00 a.m. – 12.00 p.m.

Masterclass 8*

28 October 2020 (Wednesday)
1.30 p.m. – 4.30 p.m.

Interview Date

TBC

Interview Venue Kuala Lumpur
Result Release Date TBC

 

 

QUALIFICATION ENROLMENT & ASSESSMENT SCHEDULE FOR 2021
CERTIFIED PROFESSIONAL IN FINANCIAL CRIME COMPLIANCE (CPFCC)

ACTIVITY FEBRUARY 2021 INTAKE
Enrolment Period

1 March 2021 (Monday)
to
30 April 2021 (Friday)

Payment Approved / Successful 28 May 2021 (Friday)
Commencement Intake 11 June 2021 (Friday)
Masterclass 1*

24 June 2021 (Thursday)
9.00 a.m. – 12.00 p.m.

Masterclass 2*

24 June 2021 (Thursday)
1.30 p.m. – 4.30 p.m.

Masterclass 3*

19 August 2021 (Thursday)
9.00 a.m. – 12.00 p.m.

Masterclass 4*

19 August 2021 (Thursday)
1.30 p.m. – 4.30 p.m.

Masterclass 5*

15 September 2021 (Wednesday)
9.00 a.m. – 12.00 p.m.

Masterclass 6*

15 September 2021 (Wednesday)
1.30 p.m. – 4.30 p.m.

Masterclass 7*

28 October 2021 (Thursday)
9.00 a.m. – 12.00 p.m.

Masterclass 8*

28 October 2021 (Thursday)
1.30 p.m. – 4.30 p.m.

Interview Date

November to December 2021

Interview Venue

Kuala Lumpur

Result Release Date

TBC

*Note:

The assessment format for this programme is currently under review and candidates may be required to submit a written assessment to supplement the oral face-to-face interview. The full assessment structure for the programme will be confirmed prior to the course commencement and support will be provided to help candidates prepare for all aspects of the assessment.

Important Notes:

  1. New candidates are required to complete their qualification enrolments with AICB during the enrolment period. Applications for qualification enrolments must be submitted with complete documentation, failing which applications will not be processed.
  1. Both AICB and ICA reserve the right to cancel, suspend, interrupt or reschedule any examinations/assessments and will not be liable for any claims, actions, costs, charges, expenses, damages, loss and liability due to the cancellation/deferment of these examinations.
  1. Please adhere to the above closing dates, to avoid any delays in enrolments/registrations.

DOCUMENTATION


The applications submitted will only be processed upon receipt of the full documentations.  Candidates who submit incomplete applications (i.e. incomplete details or incomplete supporting documents) will be given five working days to provide the required information and/or documentation.  If the candidate fails to submit the required information or complete set of relevant supporting documents within the five working days, the application will not be processed.

Below is the list of documents that are required for each qualification.

Qualification Documents Required
 Standard Route (Enrolment)  Accelerated Route (Exemption)
Certification In Anti-Money Laundering And Counter Financing Of Terrorism
  • Certificate of highest qualification (min SPM or equivalent certificate)
N/A
Advanced Certification In Anti-Money Laundering And Counter Financing Of Terrorism
  • Certification in Anti-Money Laundering and Counter Financing of Terrorism (ICA/AICB) Certificate; OR certificate of highest qualification; AND
  • Curriculum Vitae (CV) highlighting work experience in AML/CFT-related function
N/A
Certified Professional In Financial Crime Compliance
  • Certificate of highest qualification; AND
  • Qualification transcript; AND
  • Curriculum Vitae (CV) highlighting work experience in AML/CFT-related function AND
  • Organisation chart showing applicant’s position
  • Recommendation letter from Chief Compliance Officer (if applicable)
N/A

Important notes:

Qualification certificates/transcripts submitted must be certified true copy by one of the following:

  • University Official; OR
  • Notary Public; OR
  • Commissioner for Oaths; OR
  • Officer of the employing organization; OR
  • Such other persons or agents as may be approved by Institute.

The signatory must sign and date the document(s) and provide the following details:

  • Name:
  • Designation:
  • E-mail:
  • Contact Number:

a) If the documents are not in English or Bahasa Malaysia, they must be accompanied by translation of the documents which is done by a certified translator. The credentials and contact information of the certified translator must be stated.

b) Qualifications submitted for enrolment as a candidate for a qualification or for exemption must be awarded by universities/higher education institutions recognised by the awarding country’s Ministry of Higher Education or equivalent authority or the National Qualification Accreditation Agencies.

c) Malaysian qualifications should be listed in the Malaysian Qualifications Register or in Finance Accreditation Agency (FAA) website.

d) AICB reserves the right to contact the awarding institution to verify a candidate’s qualification awards.