5 Modules
IBF Accredited Course – Institute of Banking and Finance Singapore
Meet Singapore Anti‑Money Laundering and Counter‑Terrorism Financing (AML/CFT) obligations with this online training course designed for organisations operating across financial services and designated services.
This course enables staff to identify, prevent, and report money laundering and terrorist financing in line with Singapore’s AML/CFT regulatory framework, including Know Your Customer (KYC), customer due diligence, and suspicious transaction reporting obligations overseen by the Monetary Authority of Singapore (MAS).
Designed for employees of reporting entities in banking, lending, payments, securities, and related financial services, this course provides practical, role‑appropriate skills and a certificate of completion to support regulatory compliance and audit requirements.
This course is recognised under the Institute of Banking and Finance (IBF) Financial Training Scheme (FTS) and is eligible for FTS claims, subject to eligibility criteria being met.
FTS provides 30% to 70% course fee subsidy support, capped at S$500 per candidate per course, for eligible entities and participants. Participation in the scheme does not represent endorsement of the training provider or course quality.
More information is available at IBF website.
Money laundering disguises funds obtained through criminal activity so they appear legitimate. Common sources include fraud, organised crime, drug trafficking, corruption, and terrorist financing.
Failure to manage money laundering and terrorist financing risks can result in regulatory enforcement action, criminal penalties, and reputational damage for both organisations and individuals.
Understanding anti‑money laundering is essential to protecting organisations and the integrity of Singapore’s financial system. Core concepts covered include:
Non‑compliance with Singapore’s AML/CFT requirements can lead to:
Effective AML training ensures employees understand their obligations, can identify suspicious behaviour, and know how to escalate and report concerns appropriately. A strong AML/CFT training program supports governance, risk management, and regulatory compliance across the organisation.
Use this course if your organisation requires:
Completing this course enables staff to:
Strengthen your organisation’s AML/CFT compliance with regulator‑aligned, practical training.
Request a demo or enrol your team today. For group bookings or tailored training options, contact us.
This online Anti‑Money Laundering course helps Singapore organisations meet AML/CFT obligations, improve staff awareness, and reduce exposure to financial crime.
Designed for all staff levels, it combines practical guidance, regulatory alignment, and audit‑ready reporting to support effective compliance.
This course is suitable for employees of reporting entities in Singapore, including organisations that:
Roles That Require AML Training
The course includes introductory content for general staff and more detailed modules for managers.
Course Delivery, Duration, and Assessment
Reporting: Audit‑ready compliance records via Salt™ Compliance LMS
Who should complete AML training in Singapore?
Employees of reporting entities subject to AML/CFT obligations.
How often should AML training be completed?
Regular refresher training is recommended to address regulatory change and emerging risks.
Does the course cover KYC and customer due diligence?
Yes. The course covers KYC, CDD, beneficial ownership, and ongoing monitoring.
Does the course include terrorist financing risks?
Yes. Terrorist financing risks and offences are covered in a dedicated module.
Do learners receive a certificate?
Yes. A certificate of completion is issued for compliance records.
Can training records be used for audits?
Yes. Salt™ Compliance LMS provides audit‑ready reporting for internal and regulatory reviews.
This course is exclusively for organisational clients and is not available for individual purchase.
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