ABOUT IBF
The Institute of Banking and Finance (IBF) is a non-profit organisation. It was established on 21st November 1974 as a centre dedicated to the training of the Singapore financial sector workforce.
As financial services developed over the years, IBF expanded its role to include the administration of local and overseas examinations. More than 180,000 participants have benefited from over 4,000 courses offered by the Institute through the years.
In 2001, IBF repositioned itself to focus on a broader and strategic role of developing a more robust and forward-looking training infrastructure for financial services and to promote more active industry involvement and collaboration in training and continuing education matters. With the endorsement of the Monetary Authority of Singapore (MAS) and the Singapore Workforce Development Authority (WDA), IBF became the national accreditation and certification agency for financial industry competency under the Financial Industry Competency Standards (FICS) framework.
With the implementation of the FICS accreditation and certification system, IBF is putting in place a comprehensive quality assurance framework for financial sector professionals and training providers.
Apart from overseeing the implementation of FICS, IBF administers part of the Capital Markets and Financial Advisory Services examination series on behalf of MAS, and facilitates the provision of the Continuing Education Programmes for Trading Representatives (CEPTR).
Besides enhancing technical competencies and professionalism in the industry, IBF organises events and facilitates discussions to promote best practices in leadership and talent development in the financial sector and maintains the Finance Connect Singapore website to profile Singapore’s financial sector.