About Course
Course Schedule
Course Structure
Financial Matters
About Course
Course Objectives
Upskill estate agents to deepen the understanding of and combat money-laundering and terrorist financing risk related to property transactions.Course Description
A. Overview of Money Laundering and Terrorism Financing in Real Estate Sector- How is money laundering and terrorist financing conducted in Real Estate Sector
- Legal Requirement imposed on Real Estate agents from legislatures such as Corruption, Drug Trafficking and other Serious Crimes Act, Terrorism (Suppression of Financing) Act
B. How does Real Estate agents conduct Customer Due Diligence (CDD)
- How to verify client’s identity for property transactions
- How to screen clients and beneficial owners
- How to deal with clients with higher risk (such as Politically Exposed Personnel)
- Enhanced CDD for Higher Risk property transactions
- Reliance on Third Parties to conduct CDD
C. How to complete the checklists (and other related forms) as part of discharging the responsibility to conduct CDD
D. How to detect suspicious transaction (including leveraging on artificial intelligence and machine learning) and file a Suspicious Transaction Report
Course
Schedule
Duration: 8hrs
Time: 9am to 6pm
Delivery Mode: Face-to-face classroom
Venue: Ngee Ann Polytechnic
Schedule may be subject to changes. The detailed timetable will only be released upon enrolment and closer to the course commencement date.
For self-sponsored applicant, you may proceed to apply after signing in with Singpass / Student ID.
For company-sponsored applicant, please approach your company HR to put in the application via the company portal using Corppass at STEP.
Course Structure
TPG course reference No.
TGS-2025054583
Prevention of Money Laundering and Terrorist Financing for Real Estate Agents
Financial matters
Course fees payable (incl. GST & excl. supplementary fee)
| Description | Prevention of Money Laundering and Terrorist Financing for Real Estate Agents | Total course fee |
|---|---|---|
| Full Course fee | $327.00 | $327.00 |
| Enhanced Training Support for SMEs for Singapore Citizen | $38.10 | $38.10 |
| Enhanced Training Support for SMEs - SPR & LTVP+ | $38.10 | $38.10 |
| SkillsFuture Mid-Career Enhanced Subsidy for Singapore Citizen aged 40 and above | $38.10 | $38.10 |
| SkillsFuture Baseline Funding for Singapore Citizen Aged Below 40 | $98.10 | $98.10 |
| SkillsFuture Baseline Funding for SPR/LTVP+ | $98.10 | $98.10 |
GST rate
The course fees payable above are inclusive of 9% GST rate.
Payment option
The payment needs to be made upon the application is submitted.
Allowed payment by
The course fee allows to be paid by:
Post-Secondary Education Account (Adhoc withdrawal form);
SkillsFuture Credits (SFC);
Credit card (e-payment);
Debit card (e-payment);
PayNow (e-payment).
Post-Secondary Education Account (Adhoc withdrawal form);
SkillsFuture Credits (SFC);
Credit card (e-payment);
Debit card (e-payment);
PayNow (e-payment).
Refund and withdrawal policy
- Please note that a 100% refund will be available if the withdrawal request is submitted more than or equal to 14 days before the course start date.
- Please note that a 50% refund will be available if the withdrawal request is submitted less than 14 days before the course start date.
- Please note that no refund will be available if the withdrawal request is submitted on or after the course start date.