BLOCKCHAIN FOR CORPORATE COMPLIANCE-P210917CNO

BLOCKCHAIN FOR CORPORATE COMPLIANCE-P210917CNO

Funded

Course Duration

7.5 hr(s)

Mode of Assessment

Written Assessment

Who Should Attend

  • Finance Professionals
  • Entrepreneurs
  • Aspiring PMEs
  • Anyone who is keen to explore more about blockchain technology and its opportunities for the corporate compliance space

Course Overview

Programme Code: P190414NCC

While most people still tend to equate blockchain technology with cryptocurrencies, the fact is that blockchain technology and its distributed nature could serve even more important and expansive roles well outside of the payments industry.

With the ever-changing and growing complexity of global regulatory demands and grey areas, it is important for businesses to continue exploring means to catch up with the latest regulatory demands. In this course, we explore the use cases of blockchain technology as a fundamental driving further innovations in corporate compliance.

Next available schedule

Course Objectives

After completing this course, you will be able to:

  • Understand the fundamentals of blockchain technology and its key utility and benefits
  • Learn about the real world utility value of blockchain technology and its potential in growing and evolving the financial industry, specifically for corporate compliance through case studies
  • Explore blockchain technology opportunities and business scenarios for corporate compliance through interactive role-playing activities

Pre-requisites

Mode of Training: Virtual Learning Class

Please take note of these admission requirements:

^Trainings will be conducted on Zoom platform, thus webcam and microphone are compulsory

  • Have minimum English proficiency level equivalent to the Employability Skills Workforce skills Qualifications (ES WSQ) Workplace Literacy Level 4.

Course Outline

What is Blockchain Technology

  • Clearing common misconceptions: Blockchain = Bitcoin = Cryptocurrency?
  • Introduction to blockchain technology and its use cases
  • Introduction to cryptocurrencies and its use cases

Current landscape for corporate compliance

  • Introduction to corporate compliance
  • Limitations and inefficiency
  • Real world case studies examples (regtech industry players)

Why blockchain technology

How regtech can be a key driver in transforming current corporate compliance system

  • Benefits and challenges

How the features of blockchain technology can improve the current system

  • Distributed ledger technology
  • Smart contract

Corporate compliance sectors that could benefit from utilising blockchain technology

  • Regulatory reporting
  • Tracking and recording: KYC, AML

Reach and limitations of blockchain applications

Blockchain regulatory paradox: Enabler or Destructor?

Exploring blockchain technology use cases for corporate compliance

  • Case studies sharing
  • Why it is time for corporates to take notice

Disrupt or be disrupted

  • The future for regulatory and compliance landscape
  • Trends and predictions
  • Hurdles to adoption
  • Next steps

 *Class activity

  • To encourage active learning, the 1 day course will include class activities such as small group discussions and presentations

Certificate Obtained and Conferred by

Awarded NTUC LearningHub Certificate of Completion

Additional Details

Medium of Instruction: English

Trainer to Trainee Ratio is 1:30

Fees & Subsidies:

For Classes registered on or after 1st Jan 2023 (GST 8%)

 

Individual Sponsored Trainee

Company Sponsored Trainee

 

Before GST

With GST

Before GST

With GST

Full Course Fee (For International Students)

$650.00

$702.00

$650.00

$702.00

For Singapore Citizens and PRs

$325.00

$377.00

$325.00

$377.00

For Singapore Citizens aged 40 years and above

$195.00

$247.00

$195.00

$247.00

*With effect from 3rd October 2022:

  • Funding for courses under the Critical Core skills and Future-Enabled skills categories will only be available to Singapore Citizens and Singapore Permanent Residents employed in the financial sector (i.e., by financial institutions or SFA certified FinTech firms)
  • GST funding support will no longer be applicable for all courses

Funding Eligibility Criteria

Individual Sponsored Trainee

Company Sponsored Trainee

  • Singapore Citizens or Singapore Permanent Residents physically based in Singapore
  • Trainee must achieve 100% attendance and pass all relevant assessments
  • NTUC LearningHub reserves the right to claw back the funded amount from trainee if he/she did not fulfil the eligibility criteria
  • From 3rd October 2022, funding for courses under the Critical Core skills and Future-Enabled skills categories will only be available to Singapore Citizens and Singapore Permanent Residents employed in the financial sector (i.e., by financial institutions or SFA certified FinTech firms).
  • Singapore Citizens or Singapore Permanent Residents physically based in Singapore
  • Trainee must achieve 100% attendance and pass all relevant assessments
  • Sponsoring company must be
    • Singapore-based financial Institutions regulated by MAS (licensed or exempt from licensing by MAS)
    • FinTech firms certified by Singapore FinTech Association (SFA)
  • NTUC LearningHub reserves the right to claw back the funded amount from the employer if trainee did not fulfil the eligibility criteria
  • Eligible company-sponsored trainees will be able to clock CPD hours upon successful course completion

Remarks

  • Self-sponsored Singapore Citizens aged 25 and above can use their SkillsFuture Credit to offset course fee payable after funding
  • Self-sponsored NTUC Members can enjoy up to 50% funding (capped at $250 per year) under Union Training Assistance Programme (UTAP)

Terms and conditions apply. NTUC LearningHub reserve the right to make changes or improvements to any of the products described in this document without prior notice.

Fees are subject to other LHUB miscellaneous fees

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