Mr Denis Tang, Director of CPIB
Mr Vincent Lim, Director of Investigations, CPIB
Ladies and Gentlemen,
I am pleased to welcome you to the signing ceremony for the Memorandum of Understanding between ISCA and CPIB.
The MoU is the culmination of a series of discussions between CPIB and ISCA to deepen the talent pipeline for qualified financial forensic professionals. Under the terms of the MoU, ISCA will partner with CPIB to explore a pathway for eligible CPIB officers to become ISCA members and be conferred the ISCA Financial Forensic Professional (or ISCA FFP) credential. The ISCA FFP credential is a mark of excellence for financial forensic professionals and attests to their skills and experience in financial forensics. For CPIB officers who have completed equivalent courses based on CPIB’s structured internal learning and competency framework, ISCA will also explore providing module exemptions to the ISCA Financial Forensic Accounting Qualification (or FFAQ) and providing a module variant in the FFAQ just for CPIB officers.
To maintain the ISCA FFP credential, individuals will need to commit to maintaining their continuing professional education every year. As part of the partnership, ISCA will work with CPIB on providing relevant professional development programmes, including customising training programmes for CPIB officers and having CPIB officers as trainers for relevant courses. We will also facilitate knowledge sharing by providing each other access to our knowledge resources. An example would be featuring articles from CPIB in the ISCA journal. We also hope to combine our outreach efforts in Anti-Corruption, Corporate Governance and Professional Ethics, by supporting each other’s programmes and events in these areas.
CPIB plays a crucial role in combating corruption and upholding Singapore’s reputation as a global financial centre and business hub. We are pleased and honoured to partner with CPIB in boosting the skill sets and qualifications of CPIB officers, thus fostering the talent pipeline for qualified financial forensic professionals.
We look forward to a fruitful partnership with CPIB.