GBQ Special Examination Sitting
We are pleased to announce that the Institute will be organising a special examination sitting for Banking and Financial Services Certificate (BFSC), Certificate in Offshore Financial Services and Administration (COFSA) and Diploma in Banking and Financial Services (DBFS) candidates who have one or two subjects outstanding to complete their respective qualifications.
On compassionate grounds following appeals from candidates, the Council is providing one last opportunity for those candidates who are very close to completion to sit and complete their remaining examination papers. Coaching via e-tutorials will be organised for registered candidates to assist them in their examination preparation.
We will notify the relevant candidates by post on this special sitting with supporting documents and information in the week of April 21, 2008. For assistance, please contact Pn Zubidhah (ext 134) or En Asri (ext 126) at telephone no. 03-20938803 or email us at certification@ibbm.org.my .
Below is some preliminary information on the examination sitting:
| Examinations |
|
Banking and Financial Services Certificate (BFSC)
Certificate in Offshore Financial Services and Administration (COFSA)
Diploma in Banking and Financial Services (DBFS)
|
| Target group |
|
Candidates with one or two subjects outstanding to complete their qualification |
| Examination period |
|
September 26-28, 2008 (Friday - Sunday)
Examinations will be scheduled in the morning and afternoon.
The examination time-table for the examination subjects will be sent to enrolled candidates in the first week of July 2008 |
Examination enrolment closing date |
|
May 31, 2008
|
| Examination centres |
•
•
• |
Kuala Lumpur
Kuching
Kota Kinabalu |
| Examination fees, syllabus, format, rules; policies |
|
The existing examination fees, syllabus, format, rules and policies will apply, except that there will no prize awards as this special sitting is not open to all candidates |
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IBBM Futsal Fiesta Kelantan/ Terengganu 2008, 26 th April 2008
IBBM Futsal Fiesta Kelantan/ Terengganu 2008
Sports Planet Kuala Terengganu
26 th April 2008
IBBM in collaboration with IBBM State Advisory Committee Kelantan will be organising a Futsal Fiesta which will be held on 26 th April 2008 at Sports Planet Kuala Terengganu.
The detail of the Futsal Fiesta is as follow:
| • |
Open to All Bankers & IBBM Individual Members in Kelantan/ Terengganu.
|
| • |
No of team: First 20 teams to register. |
| • |
No of player per team: 5 players and 3 substitutes |
| • |
Participation Fee: RM160 per team (inclusive of lunch, beverage & t-shirts) |
The prizes are as follow:
| Categories |
Prizes |
Extra Cash* |
| Champion |
RM800 cash, medals & Challenge Trophy |
RM200 |
| 1 st runner up |
RM600 cash & medals |
RM150 |
| 2 nd runner up |
RM400 cash & medals |
RM100 |
| Consolation |
RM250 cash |
|
*Extra cash given if all members of the winning team are IBBM Individual Members.
Kindly contact Mr. Syafaren/ Ms Hazrina/ Mr Valentine at 03-20956833 ext 170/ 164 / 130 for further details regarding the Futsal Fiesta.
Click the following link to get the IBBM Futsal Fiesta Kelantan/Terengganu Registration Form.
Kindly fax the registration form before 23rd April 2008 to 03-20952322. |
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IBBM Futsal Fiesta Kuala Lumpur/Selangor 2008, 19 th April 2008
IBBM Futsal Fiesta Kuala Lumpur / Selangor 2008
Sports Planet Ampang
19 th April 2008
IBBM will be organising a Futsal Fiesta which will be held on 19 th April 2008 at Sports Planet Ampang.
The detail of the Futsal Fiesta is as follow:
| • |
Open to All Bankers & IBBM Individual Members in Kuala Lumpur / Selangor.
|
| • |
No of team: First 32 teams to register. |
| • |
No of player per team: 5 players and 3 substitutes |
| • |
Participation Fee: RM160 per team (inclusive of lunch, beverage & t-shirts) |
The prizes are as follow:
| Categories |
Prizes |
Extra Cash* |
| Champion |
RM800 cash, medals & Challenge Trophy |
RM200 |
| 1 st runner up |
RM600 cash & medals |
RM150 |
| 2 nd runner up |
RM400 cash & medals |
RM100 |
| Consolation |
RM250 cash |
|
*Extra cash given if all members of the winning team are IBBM Individual Members.
Kindly contact Mr. Syafaren/ Ms Hazrina/ Mr Valentine at 03-20956833 ext 170/ 164 / 130 for further details regarding the Futsal Fiesta.
Click the following link to get the IBBM Futsal Fiesta Kuala Lumpur / Selangor Registration Form.
Kindly fax the registration form before 15th April 2008 to 03-20952322. |
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IBBM Futsal Fiesta Johor 2008, 12 th April 2008
IBBM Futsal Fiesta Johor 2008
Millennium Soccer Johor
12 th April 2008
IBBM in collaboration with IBBM State Advisory Committee Johor and Bank Negara Malaysia Johor will be organising a Futsal Fiesta which will be held on 12 th April 2008 at Millennium Soccer Johor.
The detail of the Futsal Fiesta is as follow:
| • |
Open to All Bankers & IBBM Individual Members in Johor.
|
| • |
No of team: 20 teams (men) & each bank may only send a maximum of 2 teams. |
| • |
Each |
| • |
No of player per team: 5 players and 3 substitutes |
| • |
Participation Fee: RM250 per team (inclusive of lunch, beverage & t-shirts) |
The prizes are as follow:
| Categories |
Prizes |
Extra Cash* |
| Champion |
RM800 cash, medals & Challenge Trophy |
RM200 |
| 1 st runner up |
RM600 cash & medals |
RM150 |
| 2 nd runner up |
RM400 cash & medals |
RM100 |
| Consolation |
RM250 cash |
|
*Extra cash given if all members of the winning team are IBBM Individual Members.
Kindly contact Encik Norazli Mokhtar (Bank Negara Malaysia Johor) at 07-2240799 for further details regarding the Futsal Fiesta.
Click the following link to get the IBBM Futsal Fiesta Johor Registration Form.
Kindly fax the registration form before 10th April 2008 to 07-2236931. |
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CIAFIN Revisions w.e.f. December 2008 Exams
|
The following has been revised in the CIAFIN Qualification which will take effect from the DECEMBER 2008 CIAFIN Examination. The revision is in the syllabus weightage in their respective broad areas and syllabus sub-topics as follows:
(a) Revision to the syllabus weightage in their respective broad areas as follows:
| Table 1: |
| Broad Areas of Study |
Existing Weightage
(%) |
Revised
Weightage
(%) |
| A. |
Malaysian Financial System, Legislation and Guidelines |
15 - 25 |
30 |
| B. |
Internal Audit Framework |
35 - 45 |
40 |
| C. |
Internal Audit Process and Techniques |
35 - 45 |
30 |
(b) Revisions/updates to the syllabus sub-topics as follows:
| Table 2: |
| Main Topic |
Existing Sub-Topics |
Revised Sub-Topics |
Remarks |
3. |
Introduction to Islamic Banking |
3.1
3.2
3.3 |
Islamic banking concepts and principles
Islamic banking recognition of income
Differences between conventional and Islamic banking systems |
3.1
3.2 |
Shariah concepts and principles Differences between conventional and Islamic banking systems
|
•
•
|
Existing sub-topic 3.2 has been subsumed under sub-topic 3.1 (which is now known as Shariah concepts and principles)
Existing sub-topic 3.3 has been renumbered to 3.2 |
4. |
Legislation and Guidelines |
4.1
4.2
4.3
4.4
4.5
4.6
4.7
4.8
4.9
4.10 |
Bank Negara Malaysia guidelines
Banking and Financial Institutions Act 1989
Exchange Control Notices
Bills of Exchange Act 1949
Companies Act 1965
Hire-Purchase Act 1967 National Land Code 1965
Unclaimed Monies Act 1965
Anti-Money Laundering Act 2001
Bankruptcy Act 1967 |
4.1
4.2
4.3
4.4
4.5
4.6
4.7
4.8
4.9
4.10
4.11 |
Bank Negara Malaysia guidelines
Other Significant Guidelines and/or Circulars
Banking and Financial Institutions Act 1989
Exchange Control Notices
Bills of Exchange Act 1949
Companies Act 1965
Hire-Purchase Act 1967
National Land Code 1965
Unclaimed Monies Act 1965
Anti-Money Laundering Act and Anti-Terrorism Financing Act 2001
Bankruptcy Act 1967 |
•
•
• |
The revised syllabus will include a new sub-topic 4.2 - " Other Significant Guidelines and/or Circulars", among which will cover the following auditable areas:
i) Outsourcing Services
ii) Electronic Fund Transfer
iii) Internet Banking
iv) New Product Approval Process
v) Basel II
vi) Credit Transactions and Exposure to Connected Parties
Existing sub-topic 4.9 - "Anti-Money Laundering Act 2001" will now reflect the new title of the same Act
Existing sub-topics 4.2 to 4.10 have been renumbered to 4.3 to 4.11 respectively |
8. |
Critical Areas of Operations: Risk Assessment & Management |
8.1
8.2
8.3
8.4
8.5
8.6
8.7
8.8
8.9 |
Credit operations
Treasury operations
Derivatives
Branch operations
Head office operations
Investment in debt and equity securities
Information systems
Insurance underwriting
Insurance claims |
8.1
8.2
8.3
8.4
8.5
8.6
8.7
8.8
8.9
8.10
8.11
8.12
8.13
|
Credit operations
Treasury operations
Derivatives
Branch operations
Head office operations
Investment in debt and equity securities
Information systems
Insurance underwriting
Insurance claims
Business continuity management
Islamic banking
Outsourcing services
Compliance with Basel II |
• |
The existing sub-topics have been extended to include 4 new sub-topics i.e. 8.10 to 8.13 |
The study materials for affected chapters (chapters 3, 4 and 8) can be downloaded from the Institute's website from July 2008. The new CIAFIN brochure is now available at our website.
Should you have any enquiries pertaining to the changes in the syllabus, kindly contact us at telephone number 03-20938803 or via e-mail at certification@ibbm.org.my .
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IBBM's 11 th Graduation and Awards Ceremony
| 2nd Announcement
The Institute will be holding its 11 th Graduation and Awards Ceremony on Saturday, May 24, 2008 at the Shangri-La Hotel Kuala Lumpur . We have sent out individual invitations to all Year 2007 graduates of the various IBBM qualifications as well as prize winners (RSVP March 31, 2008) .
The Institute's Chairman, Tan Sri Dato' Sri Dr Zeti Akhtar Aziz, will grace the ceremony and the Chief Executive Officers and Heads of Human Resources of financial institutions have been invited to the event. We look forward to celebrating the success of IBBM's year 2007 graduates and prize winners.
To graduates/prize winners who have confirmed your attendance at the ceremony, please take note of the following administrative details. These details will also be posted to you together with the confirmation letter by the third week of April 2008 . Registered graduates or prize winners who do not receive this confirmation letter by April 28, 2008 should contact Ismail (ext. 145), Asri (ext. 126), Jane (ext. 115) or Zubidhah (ext. 134) to check your status.
Download the following documents for further details:
GRACE 2008 Administrative Details
GRACE 2008 Change of address for photo collection Form
GRACE 2008 Hotel Floor Plan
1st Announcement
The Institute will be holding its 11 th Graduation and Awards Ceremony on Saturday, May 24, 2008,
at the Shangri-La Hotel Kuala Lumpur, to celebrate the success of Year 2007 graduates of IBBM's qualifications as well as subject prize winners. Look out for more details in the next issue of the @IBBM and at our website . Individual invitations will be sent to all graduands and prize winners by end March 2008.
Download the following documents for further details:
GRACE 2008 Registration Form
GRACE 2008 Shangri-La Hotel KL Room Reservation Form
GRACE 2008 Shangri-La Hotel KL Location map
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Revised exam sessions for the PKMC examinations
(Effective year 2008)
With effect from 2008 the Pasaran Kewangan Malaysia Certificate (PKMC) examination sessions will be revised from two(2) exam sessions to three(3) exam sessions per year. The exam sessions will be held in the months of May, August and December for the year 2008. Each session comprising the Modules I - IV examinations will be held over one(1) weekend on Saturday and Sunday. Click here for the examination time-table and related deadlines.
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Revisions in IBBM's Individual Membership
We would like to update that the Institute has revised its individual membership categories and reinstatement policy that will take effect from November 1, 2007. Please click here to go to the Membership section for details.
Revision in Membership Categories
The current ten membership categories have been streamlined to eight membership categories. Below are the revised categories
|
Revised Categories |
|
Affiliate |
Associate |
Ordinary |
|
Member |
Associate Fellow |
|
Fellow |
| Honorary Fellow |
| Life |
*Please take note that Associate Fellow, Fellow, Honorary Fellow and Life categories are by invitation only from the IBBM Council. |
Conversion of Membership Categories
The conversion of members in the current categories to the revised categories is as follows:
| Current Categories |
Current Fee
(RM) |
Convert to |
Revised
Categorie |
Revised Fee (RM) |
| Student |
60 |
 |
Affiliate |
No Change |
Provisional |
100 |
|
Affiliate |
60 |
Affiliate |
40 |
|
Ordinary |
No Change |
| |