Sep 10, 2019
This circular aims to provide clarity to individuals, organisations and training providers on the collection and use of NRIC and other National Identification Numbers by IBF.
2 In view of the "Advisory Guidelines on the Personal Data Protection Act (PDPA) for NRIC and other National Identification Numbers" that have come into effect on 1 Sept 2019, IBF will limit or cease to collect NRIC and other National Identification Numbers for its services where possible. For example, new IBF Portal Users will no longer be able to use their NRIC as a login credential, and existing IBF Portal Users will be required to set a new login credential by 31 December 2019 to continue to access the IBF Portal. Individuals attending IBF events will only be required to provide partial NRIC for MAS building access.
3 As the administrator of several public agency functions, grants and schemes however, IBF will still need to collect NRIC records and other personal data on behalf of those public agencies. This includes (but is not limited to) the following IBF services:
a) Monetary Authority of Singapore
b) Monetary Authority of Singapore
Funding and disbursements under the Financial Training Scheme (FTS) and Institute of Banking and Finance Standards Training Scheme (IBF-STS)
c) Workforce Singapore
Professional Conversion Programmes (Place-and-Train and Attach-and-Train)
d) Workforce Singapore
Career Advisory Services
4 In addition, IBF will also continue to collect NRIC when it is required to verify individuals to a high fidelity, such as, in the case of the following services:
Thank you.IBF Data Protection Officer