Chartered Fintech Professional (CFtP) Foundation Training Module 1: Ethics and Governance
About This Course
At the end of the 1-day module, participants will be able to:
• Understand the ethical framework guiding a Chartered Fintech Professional, which includes the Chartered Fintech Professional (CFtP) Code of Ethics and CFtP Standards of Practice and their implications
• Know the key elements of the framework for regulation and governance in fintech and the principles behind them
• Understand the general principles of Artificial Intelligence (AI) governance
• Understand the governance of Blockchain technology
• Appreciate how risks in the IT system can be mitigated and the measures put in place are complied with
• Know how data and privacy are protected
• Understand anti-money laundering/combating the financing of terrorism (AML/CFT)
• Learn the key concepts of corporate governance
• Understand the importance of environmental, social and governance (ESG)
• Know how ESG is used in investing and Green Finance
What You'll Learn
The CFtP Foundation Training focuses on the fundamental concepts and tools that provide the foundation to understand the science and the art of Fintech. Module 1 discusses Ethics and Governance related to Fintech. Behaving ethically and complying with regulations are necessary requirements for a competent Fintech professional. The first part of this module covers a framework for ethical decision making. As the subject of ethics is seldom taught in school, this framework provides a systematic approach to ethical issues. The second part of the module focuses on the ethical principles embodied in the CFtP Code of Ethics. The third part of the module discusses the CFtP Standards of Practice. The fourth and last part of the module involves the regulation and governance of Fintech areas such as AI, Blockchain, Cybersecurity and Data Protection. Finally, ESG and sustainability round off the discussion on governance and Fintech professionals need to be aware of the impact their actions have on sustainability.
Entry Requirements
No prerequisites but if a participant intends to register for the Chartered Fintech Professional examination following the completion of this training course, do note that an undergraduate degree from a recognised university or equivalent professional qualification is a compulsory enrolment requirement.