Financial Crime World

Saudi Arabia’s Investment Academy Launches Arabic Financial Crime Prevention Specialist Certificate

About the FCPS Certificate Program

The Investment Academy Institute in Saudi Arabia, in collaboration with the Finance and Administration Academy, is introducing the Financial Crime Prevention Specialist (FCPS) Certificate. This unique, in-person training program will be conducted exclusively in Arabic and will equip professional officers with essential knowledge and skills for combating financial crime.

About Investment Academy

  • Established: Leading financial training provider in Saudi Arabia and the GCC region
  • Location: Based in Riyadh, regulated by the Technical and Vocational Training Corporation
  • Regulation: A recognized entity under the Ministry of Commerce and a Chamber of Commerce of Saudi Arabia member
  • Training Programs: Provides a diverse range of financial and managerial domain courses tailored to banks, brokerage houses, institutions, governmental bodies, and individuals across Saudi Arabia and GCC countries.

Financial Crime Prevention Specialist (FCPS) Program

Program Outline

The FCPS Certificate program involves:

  1. A five-day intensive workshop
  2. Subsequent examination
  3. Comprehensive understanding of financial crime prevention concepts and implementation

Learning Outcomes

Upon completion, participants can expect:

  • Solid understanding of financial crime risks and prevention measures
  • Ability to manage and identify fraud
  • Knowledge of various types of fraud within the financial sector
  • Familiarity with bribery and corruption prevention strategies at an institutional level
  • Skills for developing efficient fraud response policies
  • Whistleblower handling abilities

Exam Information

  • 120-minute examination
  • 100 multiple-choice questions
  • Required passing score: 70%
  • Language options: Arabic or English depending on the course language

Benefits for FCPS certificate holders:

  • One-year membership to the Association of Governance, Risk & Compliance (PAGRC)
  • Access to exclusive resources and discounts

For more information on the FCPS program, or any other Investment Academy training initiatives, reach out to info@agrc.org.