Banking intermediation (Willems Law): distance learning with training platform and exam (presential)

Target group

The training course is intended for anyone who requires a general knowledge of banking professionally and/or for those who need an official certificate proving their professional knowledge, such as:

• Intermediaries in banking and investment services;
• Persons in contact with the public (PCP) of regulated enterprises, such as counter staff and contact persons;
• Effective managers of intermediaries and persons in contact with the public.

Required prior knowledge

Basic level: No specific prior Knowledge is required for this course.

Programme

CONTENT - The course consists of 4 modules:

Module 1 - Basic principles of banking and finance - (143 pages)

Module 1 provides an insight into the environment and the most important rules of banking and finance.

The module is divided into 4 parts:

1.  The banking environment
2.  Basic principles of the Civil Law
3.  Foundations of the banking legislation
4.  Protection of private life

Module 2 - Compliance - (99 pages)

Module 2 provides an overview of the rules relating to the integrity of banking. These are directed at every employee of a bank.

The module is divided into 5 parts:

1. Role of the compliance
2. Level playing fields (LPF)
3. Deontology of banking
4. Obligation to inform
5. Anti-money laundering legislation

Module 3 - Payments and savings products - (73 pages)

Module 3 is a specialised subject focused on the study of payments and bank, savings and deposit accounts.

The module is divided into 2 parts:

1. Bank accounts and payments
2. Savings and deposit accounts

Module 4 - Investment products and investment advice - (94 pages)

Module 4 is a specialised module focused on the study of financial markets, monetary policy and common retail investment products. Particular attention is paid to investment advice.

This module is divided into 5 parts:

1. Financial markets and monetary policy
2. Shares
3. Bonds
4. Collective investment undertakings (CIUs)
5. Derivative financial products

Module 3 and module 4 may be optional for PCP's -  we refer to the FSMA's "step by step plan - professional knowledge".

TRAINING COURSE CONTENT

After registration and payment, you are given access to our digital learning platform. There you will find the following items:

• Syllabi: each module has a syllabus, the content of which corresponds to the final attainment targets of the associated exam;
• How much time must I allow for studying the manuals?
• Exercises: exercises are available for each module to test the knowledge that you have acquired of the course material and to prepare you for the exam;
• Planning tool: this provides an overview of all the possible exam sessions which you can use to schedule your exam yourself;
• Certificate: after the successful completion of your exam, you can print your certificate here.

REGISTRATION PROCEDURE : How do you get started with this training course?

1. You register for this exam/retake via the ‘register’ button. Please use the same e-mail address for each new registration.

2. In the last step for the registration form, you can choose to pay either online or by bank transfer. Once you have received a registration confirmation, we will send you the invoice by e-mail.

3. After payment of the invoice, your registration will be processed further in our system and you will receive an e-mail with your personal activation link to our digital learning platform. Our digital learning platform includes syllabi, exercises, exam and certificate.

4. On our digital learning platform you can choose a date on which you want to take the exam. All modules must be taken on the same date.

EXAM INFORMATION

Structure

Each different module has a separate exam. Each exam per module consists of 20 multiple choice questions (no guessing correction).  An exam session lasts a maximum of 3 hours. It takes about 30 minutes to complete a module. Thus the system allows you to take the 4 exams in one exam session. To succeed, you must achieve a minimum score of 60% per module.

Dates
The exam dates are only available on your own account within our digital learning platform. You will be given access to our digital learning platform after the payment and processing of your registration. Syllabi and exercises are made available to you as soon as we have received your payment. We schedule a number of exam moments each week. You indicate yourself when you wish to take the exam. You can change the chosen date free of charge up to 5 calendar days before the exam.

Results
If your result is positive, you will find a certificate accredited by the FSMA on your own account within our digital learning platform proving that you have passed the exam (indicated per module) and which demonstrates that you have the required technical knowledge.

If you fail to pass one or more modules of the exam, you can register for a resit via the website. When doing so, it is important to use the same e-mail address that you used for your initial registration.

When choosing a new date, a waiting period of 15 days needs to be respected. This period of 15 days commences on the day following the date of the exam for which you were not successful. For example: if you took an exam on 1 September, you can retake it on a date after 16 September.

If you only wish to register for the exam, the price is €120 per module. In that case, please register by e-mail: info@febelfin-academy.be

Practical information

Exam location: Febelfin Academy, Phoenix gebouw - Koning Albert II-laan 19 1210 Brussels

Price:

• Member (including syllabus, exercise platform and exam): 120€
• Non-member (including syllabus, exercise platform and exam): 145€ 
• Partner (BZB/Fedafin - including syllabus, exercise platform and exam): 120€
• Resit: €45

Methodology

An ‘E-learning - distance learning’ is 100% self-study. It is a learning method in which each participant processes the learning content individually, at their own pace, which is presented in the form of a syllabus prepared by the teacher. This is provided in a digital format (PDF) via the MyFA learning platform, possibly supplemented with an exercise platform.

Teaching material: syllabi + digital exercise platform

Bank: The training course covers the technical knowledge with regard to the financial products in banking and investment services in accordance with art. 7, §1, 1°, b and c of the Royal Decree of 1 July 2006