FAQs

Who We Are

IBF provides support to Individuals and Financial Institutions in skills, careers and talent development.

imageOverview imageCouncil & Committees imageAnnual Reports

Careers@IBF

Make a difference in the financial industry.

imageJoin the IBF Family

Media Room

Get the latest news, speeches, updates and announcements.

imageAnnouncements imagePress Releases imageSpeeches imageBlog

IBF Awards

Celebrate professional excellence in the financial industry.

imageCelebrating Excellence imageIBF Award Categories imageAward Recipients

Skills and Jobs Development

Find resources and programmes for your career development.

Upskill

Career Conversion

Training Support

Scholarships and Study Awards

IBF Certification

Get recognised for your skills.

imageWhy be IBF Certified imageCertification Application imagePost Certification 

CPD Requirements

Stay current with industry and regulatory developments.

imageCACS CPD imageFAA CPD imageSFA CPD imageIBF CPD imageCore FAA / SFA CPD Courses

Career Advisory

See More

Resource Tools

Track your skills and stay up to date with industry trends.

imageMySkills Portfolio imageLearn@IBF

Workforce Transformation and Talent Development

Discover a wide range of programmes to support your organisation’s talent development and expansion.

imageWhy Work with IBF

Upskill Your Talent

Reskill Your Talent

Develop Young Talent

Develop Mid-Career Talent

Develop Leadership and Specialist Talent

Power Your Talent

IBF Portal Services

Access the IBF Portal for these transactions.

image​IBF Membership imageExaminations for Employees imageIBF Certification for Employees imageCACS CPD Submissions for Employees imageClaims submissions for Financial Institutions

Resource Tools

Collaborate with us in talent development and workforce transformation.

imageJobs Transformation Roadmap for Financial Services imageSkills Framework for Financial Services

TPGateway

Looking to submit for Funding Support on TPG? Start here

See More

Join The IBF Training Ecosystem

Gain industry recognition for your training programmes.

imageWhy Partner with IBF imageSkills Framework for Financial Services imageCourse Recognition Process

IBF Portal Services

Access the IBF Portal for these transactions.

imageGroup IBF Certification Application imageClaims submissions for Training Providers

TPGateway

Access training grant administration services.

See More

Notices

Get the latest updates and announcements.

See More

IBF Careers Connect

Find career support for Individuals and Financial Institutions.

See More

Career Resources

Explore content to advance your career.

See More

Make an Appointment

Take the next step with our Career Advisers.

See More

Examinations

Learn about regulatory and licensing examinations for various sectors in the financial industry.

imageOverview imageCapital Markets and Financial Advisory Services (CMFAS) imageClient Adviser Competency Standards (CACS)  imageFinancial Markets Regulatory Practices (FMRP) 

Exam Rules & Regulations

Observe the rules and regulations governing the conduct of examinations.

See More

Resources

Prepare for your examinations.

imageStudy Guides imageUseful links

FAQ

Find answers to your questions about the industry and regulatory exams

imageGeneral FAQs imageTransitional Arrangements for the Implementation of new CFMAS Exams FAQs imageFMRP FAQs

Announcements 

Get the latest updates and announcements.

See More

Events

Attend IBF events and webinars which feature industry thought leaders from financial institutions and regulators.

imageUpcoming Events imagePast Events imageTerms & Conditions
imageLogin
IBF Portalimage
Training Partners Gateway (TPGateway)image
image Who We Are
Overview image
Council & Committees image
Annual Reports image
image Careers@IBF
Join the IBF Family image
image Media Room
Announcements image
Press Releases image
Speeches image
Blog image
image IBF Awards
Celebrating Excellence image
IBF Award Categories image
Award Recipients image
image Skills and Jobs Development
Discover Skills Needed for Your Job image
Jobs Transformation Map for Financial Services image
Programme Finder image
Technology in Finance Immersion Programme (TFIP) image
Wealth Management Accelerator Programme (WMAP) image
IBF Standards Training Scheme (IBF-STS) image
Financial Training Scheme (FTS) image
SkillsFuture Study Award (SFSA) image
Financial Specialist Scholarship (FSS) image
image IBF Certification
Why be IBF Certified image
Certification Application image
Post Certification  image
image CPD Requirements
CACS CPD image
FAA CPD image
SFA CPD image
IBF CPD image
Core FAA / SFA CPD Courses image
image Resource Tools
MySkills Portfolio image
Learn@IBF image
image Workforce Transformation and Talent Development
Why Work with IBF image
IBF-Standards Training Scheme (IBF-STS) image
Financial Training Scheme (FTS) image
Programme Finder image
Redeployment Career Conversion Programmes  image
Finance Associate Management Scheme (FAMS) image
Work-Study Support Programme (WSSP) image
Polytechnic Talent for Finance Scheme (PTFS) image
Technology in Finance Immersion Programme (TFIP) image
Wealth Management Accelerator Programme (WMAP) image
Career Conversion Programmes (CCP) image
Asian Financial Leaders Scheme (AFLS) image
International Postings Programme (iPOST) image
Financial Specialist Scholarship (FSS) image
Future Skills Accelerator (FSA) image
image IBF Portal Services
​IBF Membership image
Examinations for Employees image
IBF Certification for Employees image
CACS CPD Submissions for Employees image
Claims submissions for Financial Institutions image
image Resource Tools
Jobs Transformation Roadmap for Financial Services image
Skills Framework for Financial Services image
image Join The IBF Training Ecosystem
Why Partner with IBF image
Skills Framework for Financial Services image
Course Recognition Process image
image IBF Portal Services
Group IBF Certification Application image
Claims submissions for Training Providers image
image IBF Careers Connect
For Individuals image
For Financial Institutions image
image Examinations
Overview image
Capital Markets and Financial Advisory Services (CMFAS) image
Client Adviser Competency Standards (CACS)  image
Financial Markets Regulatory Practices (FMRP)  image
image Resources
Study Guides image
Useful links image
image FAQ
General FAQs image
Transitional Arrangements for the Implementation of new CFMAS Exams FAQs image
FMRP FAQs image
image Events
Upcoming Events image
Past Events image
Terms & Conditions image

IBF Standards Training Scheme (IBF-STS)

Financial Training Scheme (FTS)

What is the Financial Training Scheme?

The Financial Training Scheme ("FTS") provides funding for financial sector-specific training courses which are:

  • Recognised under FTS.
  • Not accredited under the Skills Framework for Financial Services (SFwFS).

    This scheme is only available for company-sponsored individuals.

Overview

Eligible Individuals
  • Individuals must be company-sponsored. 
  • Singapore Citizens or Singapore Permanent Residents, physically based in Singapore; and
  • Successfully completed FTS recognised course (including passing all relevant assessments where applicable)
    Eligible Companies
    • Singapore-based Financial Institutions regulated by MAS (licensed or exempt from licensing by MAS)
    • FinTech firms certified by Singapore FinTech Association (SFA)
    FTS Funding Quantum

    FTS Funding Quantum Table

    [1] Individuals who attend a course in the capacity of an instructor or facilitator, e.g. presenter / speaker / panelist are not eligible for FTS funding.

    [2] Direct training cost would be based on the gross course fee charged by the external training provider or apportioned basic salaries of internal staff involved in developing and/ or delivering in-house courses. Qualifying expenses include training costs incurred for both executive and non-executive staff, as well as staff employed on a short-term basis (less than one year, inclusive of contract staff and interns). Apportioned basic salaries of full time in-house trainers involved in developing and/or delivering in-house courses will also be eligible for support.

    Streamlined Funding Support

    Company Sponsored Individuals

    • Funding support for the same course will be granted only once per calendar year per participant.
    • One-off industry related events e.g., conferences and seminars will no longer be eligible for FTS funding.
    • FTS Funding will be adjusted with effect from 3 October 2022.
    See all FTS-recognised courses

    IBF Accredited Training Providers

    IBF welcomes training providers and financial institutions to join our community as accredited training providers under the Skills Framework for Financial Services and contribute toward raising the professional competencies of financial practitioners in Singapore.

    Current accredited training providers include Training Providers, Institutes of Higher Learning and Financial Institutions.

     

    Organisations with accredited Training Programmes

    Under the Skills Framework for Financial Services

    A

    B

    C

    E

    F

    G

    H

    I

    K

    L

    M

    N

    P

    Q

    S

    T

    U

    V

    W

    A

    B

    C

    E

    F

    G

    H

    I

    K

    L

    M

    N

    P

    Q

    S

    T

    U

    V

    W

    A

    A.B. Maximus & Co

    Agilitics Pte. Ltd.

    Accord Business Solutions Pte Ltd

    Australian and New Zealand Institute of Insurance and Finance

    ATD Solution (S) Pte. Ltd.ACAMS Chapter (Singapore)

    AgileAsia Pte Ltd

    B

    BTS Asia Pacific Pte Ltd

    Beacon Consulting Pte Ltd

    C

    CFA Singapore

    CAIA Association Singapore Office Limited

    Compas Management Consulting Pte Ltd

    Capelle Academy Pte Ltd

    CyberQuote Pte Ltd

    Chartered Banker Institute

    Center for Creative Leadership (CCL) Pte Ltd

    E

    Euromoney (Singapore) Pte Ltd

    Emarsity Pte Ltd

    Eagles Flight Asia Pte Ltd

    F

    Financial Perspectives Pte Ltd

    FinTech Academy Pte Ltd

    FHL Capital Pte Ltd

    Fintelligence Ltd

    Falco Academy Pte. Ltd.

    Fitch Learning Singapore Pte Ltd

    Financial Planning Association of Singapore (FPAS)

    Financial Life Coaching Pte Ltd

    Flame Centre Pte Ltd

    Financial Services Manager Association (FSMA)

    G

    Garranto Pte. Ltd.

    Global ICT Training & Certification Pte Ltd

    Global Association of Risk Professoinals (GARP)

    H

    Hyper Island Institute of Higher Education Pte Ltd

    Hubbis Pte Ltd

    I

    International Compliance Training Academy

    IIL Asia Pte Ltd

    IFMF Investment Academy Pte. Ltd.

    Institute for Mergers, Acquisitions and Alliances (IMAA) (Singapore) Pte. Ltd.

    Institute of Singapore Project Management

    Intuition Publishing Pte Ltd

    K

    Kaplan Higher Education Academy Pte. Ltd.

    KnowledgeHut Solutions Pte Ltd

    Kapitalminds Pte. Ltd.

    Korn Ferry (SG) Pte Ltd

    L

    London School of Business and Finance Pte Ltd

    Literacy Empowerment Pte Ltd

    Lightbulb Capital (Singapore) Pte. Ltd.

    Laures Solutions Pte. Ltd.

    M

    MB9 Private Limited

    Monochrome Learning Solutions Pte Ltd

    mSolutions Pte Ltd

    Momenta Group Pte Ltd

    N

    National University of Singapore - Institute of Systems Science

    Nayang Technologcial University, Nanyang Business School

    Ngee Ann Polytechnic

    National University of Singapore - Risk Management Institute

    NTUC Learning Hub Pte Ltd

    National University of Singapore - Strategic Technology Management Institute

    P

    PRICEWATERHOUSECOOPERS RISK SERVICES PTE. LTD.

    Q

    Quantinsti Educational Ventures Pte. Ltd.

    S

    SMU Lee Kong Chian School of Business

    Singapore Exchange Limited

    Singapore Quality Institute

    Singapore University of Social Sciences

    Singapore Institute of Management Group Limited

    SMU Academy

    SMU - Financial Services

    SmartAcademy Pte Ltd

    Software Education Asia Pte Ltd

    Singapore College of Insurance Limited

    Sapience Consulting Pte Ltd

    Salmon Thrust Pte Ltd

    T

    Trainocate (S) Pte Ltd

    The Centre for Finance, Technology and Entrepreneurship Ltd

    TMC Academy Pte Ltd

    Tertiary Infotech Pte Ltd

    The London Institute of Banking & Finance (APAC) Pte Ltd.

    U

    Unicorn Financial Solutions Pte. Limited

    V

    Vertical Institute Pte. Ltd.

    W

    Wealth Management Institute International Pte. Ltd.

    Wealth Management Institute Limited

    WWF-World Wide Fund for Nature (Singapore) Limited

    Financial Institutions (In-house programmes)
    • Bank Julius Baer & Co. Ltd
    • Citibank Singapore Limited
    • DBS Bank Ltd.
    • AIA Singapore Private Limited
    • The Great Eastern Life Assurance Company Limited
    • Aviva Ltd
    • BNP Paribas Singapore Branch
    • Prudential Assurance Co. Singpaore (Pte) Ltd
    • Standard Chartered Bank (Singapore) Limited
    • Manulife (Singapore) Pte Ltd
    • NTUC Income Insurance Co-Operative Limited
    • AXA Insurance Pte Ltd
    • United Overseas Bank Limited
    • Oversea-Chinese Banking Corporation Limited
    • Malayan Banking Berhad
    • The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch
    • Citibank N.A.
    • Bank of Singapore Ltd
    • UBS AG
    • Credit Suisse AG
    • Goldman Sachs (Singapore) Pte.
    Show all Accredited Training ProvidersShow less

    image image image image
    Contact Us FAQs

    10 Shenton Way, MAS Building #13-07/08 Singapore 079117

    © The Institute of Banking & Finance

    Sitemap | Privacy Policy