Corporate Training for Banking Malaysia 2026 — BNM RMiT & HRDF Claimable
Find HRDF-claimable corporate training for Malaysian banks and financial institutions. BNM RMiT mandates regular IT risk and cybersecurity training. AML/CFT programmes are required annually under BNM policy. All licensed banks contributing the HRDF levy can recover training costs through HRD Corp SBL-Khas and e-TRiS.
Banking training is HRDF claimable under HRD Corp SBL-Khas. BNM RMiT mandates IT risk and cybersecurity training for all financial institutions. AML/CFT training is required annually under BNM policy. All major programmes — compliance, leadership, CeFT, credit risk — are claimable.
What training must Malaysian banks provide?
Malaysian banks must provide: (1) BNM RMiT-mandated IT risk and cybersecurity training for technology and risk staff — documented and reviewed regularly; (2) Annual AML/CFT training for all relevant staff covering CDD, STR reporting, and sanctions screening under BNM's AML/CFT Policy; (3) PDPA compliance training for staff handling personal data; (4) Role-specific training for FSP-licensed representatives covering investment products and SC regulations. All of these programmes are HRDF claimable under HRD Corp SBL-Khas when delivered by registered providers. HRDF claims submitted via e-TRiS also serve as official training documentation for regulatory inspection.
Why Banking Training Matters for Malaysian Financial Institutions in 2026
Mandatory IT risk & cyber training
BNM RMiT
Bank Negara Malaysia's Risk Management in Technology (RMiT) framework is a binding requirement for all licensed financial institutions. Banks must conduct and document regular training on cybersecurity, IT risk, incident response, and cloud computing for relevant staff.
BNM policy requirement
AML/CFT Annual Training
BNM's Anti-Money Laundering and Counter Financing of Terrorism Policy mandates annual training for all relevant bank staff. Topics must cover STR reporting, customer due diligence (CDD), sanctions screening, and money laundering typologies — all documented and audit-ready.
CeFT, ACIB, CMSF
AICB Certification
The Asian Institute of Chartered Bankers (AICB) offers professional certifications including CeFT (Certified FinTech Professional), ACIB, and CMSF. These credentials are increasingly expected for senior banking roles and digital banking functions. Prep programmes are HRDF claimable.
Recoverable training costs
HRDF Levy
Banks and financial institutions with 10 or more employees contribute a 1% HRDF levy on monthly wages. This levy is fully recoverable as training credits under HRD Corp SBL-Khas. Claims are submitted via e-TRiS and accepted for all major compliance and professional development programmes.
Banking Training Programmes in Malaysia — HRDF Status
| Programme | Audience | Duration | Typical Cost | HRDF Claimable |
|---|---|---|---|---|
| AML/CFT Compliance | Compliance / All staff | 1 day | RM800–RM2,000/pax | Yes |
| BNM RMiT IT Risk Management | IT / Risk / Management | 1–2 days | RM1,200–RM2,500/pax | Yes |
| Credit Risk & Loan Analysis | Credit / Relationship Mgmt | 2 days | RM1,500–RM3,000/pax | Yes |
| CeFT Certification Prep | Digital Banking / Innovation | 2–3 days | RM2,000–RM4,000/pax | Yes |
| Leadership for Banking Managers | Branch / Dept Managers | 2 days | RM2,500–RM5,000/pax | Yes |
| Customer Experience & Complaints | Frontline / Service staff | 1 day | RM600–RM1,500/pax | Yes |
| Trade Finance & Documentary Credit | Trade Finance teams | 2 days | RM1,800–RM3,500/pax | Yes |
*All programmes claimable under SBL-Khas when delivered by HRD Corp-registered providers. Verify on e-TRiS portal.
BNM Compliance Training: What Banks Must Document
Bank Negara Malaysia expects all licensed financial institutions to maintain verifiable training records. Under BNM RMiT, banks must document that technology and risk staff complete regular cybersecurity and IT risk training. Under the AML/CFT Policy, annual training records covering CDD, STR, and sanctions must be available for regulatory inspection at any time.
Staff in risk, IT, compliance, and customer-facing roles — including branch staff and relationship managers — need annual documented training. Submitting HRDF claims via e-TRiS creates an automatic, timestamped training record accepted by both HRD Corp and as supporting documentation during BNM supervisory reviews. Banks that claim HRDF and document training proactively are better positioned during BNM on-site examinations.
Frequently Asked Questions
What training is mandatory for Malaysian bank staff under BNM RMiT?
Bank Negara Malaysia's Risk Management in Technology (RMiT) framework requires financial institutions to conduct regular training on cybersecurity, IT risk management, incident response, cloud computing, and data management. Staff in technology and risk roles must demonstrate competency through documented training records. Claimable under HRDF SBL-Khas when delivered by HRD Corp registered providers.
Is banking and financial training HRDF claimable in Malaysia?
Yes — corporate training for banking and financial institutions is HRDF claimable under HRD Corp SBL-Khas when delivered by registered providers. This includes compliance training (AML/CFT, PDPA, RMiT), leadership development, customer service, risk management, and technical financial skills programmes. Banks with more than 10 employees contribute the 1% HRDF levy and can claim training costs through e-TRiS.
What is CeFT certification and how do Malaysian bankers obtain it?
CeFT (Certified FinTech Professional) is a certification under AICB (Asian Institute of Chartered Bankers) that validates knowledge of financial technology, digital banking, blockchain, and payments. Malaysian banking professionals can pursue CeFT through AICB-approved training providers. Preparation programmes are typically 2–3 days and are HRDF claimable. The certification is increasingly expected for roles in digital banking, innovation, and fintech partnerships.
What AML/CFT training must Malaysian banks provide?
Under Bank Negara Malaysia's AML/CFT Policy, licensed financial institutions must provide annual AML/CFT training to all relevant staff. Training must cover customer due diligence (CDD), suspicious transaction reporting (STR), sanctions screening, and typologies of money laundering. Training records must be maintained and available for regulatory inspection. HRDF-claimable AML/CFT programmes from HRD Corp registered providers satisfy this requirement.
How much does corporate training for banks cost in Malaysia?
Banking compliance training (AML/CFT, RMiT, PDPA) costs RM800–RM2,000 per participant for public programmes. In-house programmes for 20–30 staff cost RM3,000–RM8,000 per day. Leadership and management programmes for banking managers cost RM2,000–RM5,000 per participant. With HRDF SBL-Khas, most of these costs are recoverable for licensed financial institutions that contribute the HRDF levy.
What FSP licence requirements affect banking training?
Under the Financial Services Act (FSA) 2013, representatives of licensed financial institutions require Securities Commission or BNM licensing. Training for FSP (Financial Services Professional) roles covers investment products, securities regulations, and client advisory standards. Representatives must complete approved programmes and pass SC licensing examinations. Many preparatory training programmes are HRDF claimable.
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Latihan korporat untuk bank dan institusi kewangan di Malaysia boleh dituntut melalui HRDF di bawah skim SBL-Khas HRD Corp apabila disampaikan oleh penyedia berdaftar. Di bawah rangka kerja RMiT Bank Negara Malaysia, semua institusi kewangan berlesen wajib menyediakan latihan risiko IT dan keselamatan siber yang berdokumen. Latihan AML/CFT juga diperlukan setiap tahun di bawah dasar BNM, merangkumi usaha wajar pelanggan (CDD), pelaporan transaksi mencurigakan (STR), dan penyaringan sekatan. Program utama termasuk pematuhan AML/CFT, pengurusan risiko RMiT, analisis kredit, persediaan pensijilan CeFT, kepimpinan pengurus bank, perkhidmatan pelanggan, dan kewangan perdagangan — semuanya layak untuk tuntutan HRDF melalui portal e-TRiS.
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Last verified: April 2026