CONTENTS
HOME
OUR PARTNERS - Building Linkages, Leveraging Partnerships
WORKING WITH CENTRAL BANKS AND FELLOW REGULATORS
WORKING WITH INDUSTRY
 
WORKING WITH INDUSTRY 47
 
Box Story 8 - Seventh International Advisory Panel Meeting 47
 
Opening of Singapore Exchange Beijing Representative Office 48
 
ABS BCM Standing Committee 49
 
Building a World Class Talent Pool for Singapore's Financial Sector 50
 
Attracting Financial Talent 50
 
Box Story 9 - Finance Scholarship Programme and Doctorate Scholarship Programme 51
 
Educating Consumers to Beware of Bogus Investment Opportunities and Scams 52
 
Box Story 10 - Skit- Money Got Enough! 53
 
FIDReC-NIMA Scheme 53
 
Box Story 11 - Marina Bay Business and Financial Centre 54
 
Financial Conferences And Events 55
 

Building a World Class Talent Pool for Singapore's Financial Sector

The Financial Industry Certified Professional Conferment Ceremony

To ensure Singapore's continued growth as an international financial centre, MAS works with industry players and other government agencies to build a quality workforce, attract global financial talent, and develop Singapore as a hub for financial research, education and training. MAS has been working closely with the Institute of Banking & Finance (IBF) to implement the Financial Industry Competency Standards (FICS) framework, a comprehensive quality assurance framework with a certification and accreditation system aimed at raising the quality of our financial workforce and training providers. Five training providers were appointed in mid-2007 to develop and provide quality training programmes aligned with the FICS standards. Competency standards for 53 job families have been launched. As at end 2007, 371 financial practitioners have been trained under the FICS, while 49 financial institutions and six training providers have adopted the FICS framework. 11 senior members of the financial industry were conferred the Financial Industry Certified Professional (FICP) title in 2007, a certification which embodies professional competence and commitment to excellence for the financial services industry.