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:
| Module | Exam Format | |
|---|---|---|
| Current | Revised | |
| Professionalism and Ethics (PET) | On-demand | 3 intakes per year |
| 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) |
|
|
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.
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