Box Story 10: Recognising Professional Excellence: Financial Industry
Certified Professional (FICP)

Malkit G Singh (second from right) with the rest of the recipients at the Financial Industry Certified Professionals award ceremony

In November 2008, Malkit G Singh, Director, Complex Institutions Supervision Department, was conferred the Financial Industry Certified Professional (FICP) title. This is the highest certification mark for a financial practitioner in Singapore in the area of Compliance - Anti- Money Laundering (AML) under the Financial Industry Competency Standards (FICS) framework, administered by the Institute of Banking & Finance. The FICP embodies professional competency and distinction, and serves as a beacon of excellence for the financial services industry. Malkit is also a Practice Area Leader of the Anti-Money Laundering / Countering the Financing of Terrorism (AML/CFT) Peer Group of the MAS Academy. Peer Groups are communities of practice in MAS that aim to deepen knowledge within specialist subject areas.