BLOCKCHAIN REGULATORY COMPLIANCE

Learning Unit Code: CBCC-BRC

Technical Competency Standard (TSC): Regulatory Compliance - FSE-CGP-3018-1.1 (Level 3)

Credit Value: 2

Learning Mode: Online Class (Facilitated Training)

Pre-requisite : CBC-FBP Fintech & Blockchain Primer

Synopsis:

CBC-BCR is the introduction into the world of blockchain and regulatory compliance. Learners will learn about how blockchain can be used to complement and enhance different compliance processes, why financial institutions are looking to launch their own token as well as what are some of the regulatory hurdles the industry faces in driving adoption.

Issues such as ICO v IEO, legal differences between types of tokens, Travel Rule, Anti-Money Laundering (AML) will be covered.

By the end of this module, learners will be able to:

• Understand the regulatory changes blockchain/crypto companies face

• Different use cases for blockchain in compliance

• How blockchain can improve anti-money laundering

• Guide to Digital Token Offerings

• Financial Action Task Force (FATF)

• Travel Rule

• Global Data Protection Regulation (GDPR)

• Payment Services Act, Singapore (PSA)

• Compliance Use Cases

• Blockchain for Record-Keeping

• Blockchain for Chain of Custody

• Blockchain for Evidence

• Blockchain for Know Your Customer (KYC)

• Blockchain for Anti-Money Laundering (AML)

• Programmable Assets

e-Assessment (1 hour)