Monetary Authority of Singapore Annual Report 2010/2011
Our Work

Deepening Competencies in Banking

Working with the industry, the Institute of Banking and Finance (IBF) rolled out the new Corporate Banking Common Examination in September 2010. This applies to new entry-level Corporate Banking relationship managers (RMs) who will now be required to sit for a common examination modeled after the Financial Industry Competency Standards (FICS). By the end of 2010, nearly 150 RMs have gone through the assessment.