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【Important Notice】
ARPA Financial Internal Control Manager (FICM)
Exam Date | December 23 (Saturday), 2023
【Certificate Introduction】

Asia-Pacific Risk Professionals Association(ARPA)officially launched "ARPA®Financial Internal Control Manager(FICM)" in 2020. Based on the COSO Committee's"Comprehensive Risk Management" international framework, in response to the People's Bank of China's"Guiding Principles for Strengthening the Internal Control of Financial Institutions" and the regulatory requirements of the China Banking Regulatory Commission's"Commercial Bank Internal Control Guidelines",the international certificate of"ARPA®Financial Internal Control Manager (FICM)”is designated for professionals in internal control and corporate governance of financial institutions. This certificate comprehensively covers the origin and development of internal control of commercial banks, the framework, construction and practice of internal control system, as well as the latest internal control research and development,focusing on the nine major modules of internal control of commercial banks: including internal control system, goals and principles, top-level designs, internal control environment and activities, risk identification and evaluation, information and communication,supervision and rectification, banking internal control practices, as well as analytical relationships among internal control and internal audit, compliance management, risk management, financial innovation and collaboration,and best practice at group levels and beyond.
【Examination Overview】
• Certificate Name: ARPA®Financial Internal Control Manager (FICM)
• Examination Language: English/Chinese
• Examination Candidates: Professionals in internal control and related posts (such as risk, compliance, audit, legal and operations) at financial institutions and other personnel who may be interested in the field
• Examination Duration: 2 hours (four times a year, March, June, September and December)  
• Examination Format: Computer based test (paper based test, subject to internet access at some low-GDP countries)
• Types and Number of Questions: 150 Multiple questions (objective types)
• Exam Prep Materials: Designated textbooks, notes, practices, & Sample Exam Questions (ATP offers extra trainings upon the request)
• Continuing Professional Development (CPD): 20 hours/year (Optional) provided by ARPA designated CPD providers
【Examination Content】
Module 1: The origin and development of internal control
Module 2: The origin and development of internal control in commercial Banks
Module 3: Introduction of the internal control system in commercial banks
Module 4: The internal control practice of Industrial and Commercial Bank of China
Module 5: Internal control and internal audit of commercial banks
Module 6: Internal control and compliance management of commercial banks
Module 7: Internal control and risk management of commercial banks
Module 8: Internal control and financial innovation of commercial banks

Module 9: Internal control and financial group management of commercial banks  

【Application Process】
1. For all application enquiries: Enroll@arpa-global.org;
2. Fees and Payments:
• Fees include registration, examination, textbook, practices, sample questions, certificate, delivery and tax (subject to countries);
• Please contact ARPA Certification Office for fees & payment details;
3. ARPA Certification Office will post the examination related materials upon the receipt of Exam Registration Form and Fees;
4. ARPA Certification Office will inform the candidates to print their Admission Tickets 10 working days before the examination;
5. Candidates are required to bring the valid ID and the printed Admission Ticket to the examination room 30 minutes in advance;
6. Candidates will receive the exam results and the printed certificate (if passed) within 20 working days after examination;
7. Candidates can attend optional 20 hours Continuing Professional Development (CPD) each year after the certificate issuance.