Course – BAS X SUTD Regulatory Compliance for Blockchain

Overview

This course aims to provide participants with a comprehensive foundational understanding of blockchain and Distributed Ledger Technology (DLT). It covers the fundamental concepts, applications, and emerging trends in blockchain technology, equipping participants with the skills necessary to start working with blockchain development tools. The course also explores the legal, regulatory, and compliance aspects of blockchain technology, particularly within global and Singapore-specific contexts, to ensure participants can navigate and adhere to compliance requirements effectively.

Award of certificate

Participants who successfully pass the final Multiple Choice Question (MCQ) quiz will be awarded a Certificate of Completion (CoC), jointly awarded by the Singapore University of Technology and Design (SUTD) and the Blockchain Association Singapore (BAS). This reflects both the academic rigour of the programme and its strong alignment with current industry relevance and expectations.

Course details

Course Intake 𝗦𝗰𝗵𝗲𝗱𝘂𝗹𝗲 – 𝗛𝘆𝗯𝗿𝗶𝗱 𝗟𝗲𝗮𝗿𝗻𝗶𝗻𝗴 (𝗡𝗲𝘄)

3 Aug 2026, Monday | Zoom | 7.00pm – 10.30pm

4 Aug 2026, Tuesday | Zoom | 7.00pm – 10.30pm

5 Aug 2026, Wednesday | Zoom | 7.00pm – 10.30pm

6 Aug 2026, Thursday | Zoom | 7.00pm – 10.30pm

7 Aug 2026, Friday | Face-to-face | 9.00am – 5.00pm (𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗦𝗽𝗲𝗮𝗸𝗲𝗿, 𝗦𝘂𝗺𝗺𝗮𝘁𝗶𝘃𝗲 𝗜𝗺𝗺𝗲𝗿𝘀𝗶𝘃𝗲 𝗖𝗮𝘀𝗲 𝗦𝘁𝘂𝗱𝘆 & 𝗣𝗿𝗮𝗰𝘁𝗶𝗰𝗮𝗹 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻)

Registration closes: 13 July 2026

Who should attend

Early-career professionals
Professionals transitioning to blockchain roles
Industry professionals (finance, risk and compliance)
Government and public sector employees (regulators, auditors, and policymakers)
Tech enthusiasts and aspiring developers

Prerequisites

Minimum GCE ‘O’ or ‘A’ levels, Polytechnic diploma or their equivalent

Programme outline

Learning objectives

Introduction to Blockchain and the Global Regulatory Environment

Overview of course objectives, structure, and learning outcomes
Introduction to Blockchain Technology and Distributed Ledge Technology
- Summarise the evolution of blockchain technology and its significant contributions to decentralised systems.
- Identify key milestones in blockchain development, from its inception to modern innovations like DeFi and NFTs.
- Explain the components of blockchain and Distributed Ledger Technology (DLT), including blocks, chains, nodes, and consensus mechanisms.
- Demonstrate how blockchain works through examples of data verification, block addition, and ledger distribution.
- Classify the popular uses of blockchain across industries such as finance, supply chain, and healthcare.
Understanding Risks in the Blockchain & Crypto Ecosystem
- Analyse the key drivers of blockchain asset pricing, such as market sentiment and adoption.
- Understand what crypto winters are and their impact.
- Compare the functionalities of major blockchain exchanges, platforms and cross-chain bridges and stablecoins, like Bitcoin, Ethereum, Binance Bridge and Terra, etc.
- Differentiate between blockchain asset types, including cryptocurrencies, stablecoins, non-fungible tokens (NFTs), tokenised asset, crypto wallets, stablecoins and central bank digital currencies (CBDCs), etc.
The Global Regulatory Landscape
- Identify and describe the key international regulatory frameworks and standards bodies (e.g., FATF, EU MiCA, ISO, IEEE), and how these bodies govern blockchain and DLT developments, focusing on AML/CFT compliance, security, consumer protection and interoperability.
- Examine blockchain laws in major jurisdictions (US, EU, China/Hong Kong) and their impact on innovation and compliance.
- Evaluate the differences in regulatory approaches, such as the US SEC’s securities rules and EU’s MiCA framework.

Compliance Risk Management

Singapore & MAS Laws and Regulations
- Identify key milestones in blockchain development, from its inception to modern innovations like DeFi and NFTs.
- Differentiate between digital payment tokens, e-money, and stablecoins under regulatory guidelines.
- Examine the legal status of crypto-assets and crypto-mining in Singapore’s context.
- Understand Singapore’s legal and regulatory framework – the specific laws and regulations such as the Payment Services Act (PSA) and FATF recommendations, etc.
Regulatory Compliance Risk Management
- Learn and apply compliance risk management concepts.
- Conduct risk-based assessments, including inherent and residual risks.
- Develop and implement controls (e.g., preventive, detective) to manage compliance risks, and best practices.
AML/CFT and Financial Crime Compliance
- Identify ML/TF risks associated with blockchain and cryptocurrency transactions risks.
- Learn customer due diligence (CDD), enhanced due diligence (EDD), and transaction monitoring techniques for crypto-related businesses.
- Understand FATF’s Travel Rule and its application to virtual assets.
- Use blockchain analytics tools for transaction tracking, wallet profiling, and monitoring high-risk activities.
- Analyse case studies (e.g., FTX collapse) to understand regulatory gaps and best practices.

Practical Applications of Blockchain and Distributed Ledger Technology

Uses of Blockchain & DLT, & Emerging New Technology Developments
- Explore real-world applications across various industries, including finance, supply chain, and healthcare.
- Assess the transformative potential of blockchain in creating decentralised and efficient systems.
- Examine Decentralized Autonomous Organizations (DAOs) as a governance model for blockchain ecosystems.
Summative Immersive Scenarios: Practical Application
- Analyse and discuss case studies to apply theoretical knowledge in solving real-world challenges.
- Identify blockchain-based solutions to address specific problems in business or technology domains.
Summary and Q&A
Assessment

Mode of assessment

Online Quiz – Multiple-Choice Questions (Including scenario-based questions)

Course fees and funding

Full course fee inclusive of prevailing GST.	You pay S$3,270.00
SkillsFuture Course Fee subsidy (70%) For Singapore Citizens < 40 years old For Permanent Residents	You pay S$981.00
Mid-Career Enhanced Subsidy (90%) For Singapore Citizens ≥ 40 years old	You pay S$381.00
Enhanced Training Support for SMEs (90%) For SME – Sponsored employees	You pay S$381.00

The above module fee payable is inclusive of 9% GST.

This course is not eligible for the S$4,000 credit under SkillsFuture Credit (Mid-Career) top-up scheme.

Instructor

Thomas Wan

Adjunct Fellow, SUTD Academy
General Manager, Blockchain Association Singapore (BAS)

Thomas Wan is a distinguished expert in banking regulatory compliance, financial crime and risk management, bringing over 18 years of leadership experience across global banks in Singapore. Before transitioning into the training and education sector, Thomas served as Country Head of Compliance at ICBC Singapore, a Qualifying Full Bank, where he led the development and oversight of complex compliance frameworks aligned with MAS regulations and global regulatory standards.

In his current role at the Blockchain Association of Singapore (BAS), Thomas leads the initiatives to elevate education and professional standards across the blockchain, AI, and emerging new technology sectors, driving greater industry maturity, regulatory readiness, and talent development.

Industry Speaker

Nor Azman Hamid

General Counsel / Chief Compliance Officer – Upbit APAC
Regulatory Subcommittee of the Blockchain Association Singapore (BAS)

Azman is an international legal and regulatory counsel with more than 30 years of experience in Nor Azman Hamid is a seasoned international legal and regulatory professional with over 30 years of experience across leading law firms and financial institutions, including ABN AMRO and UBS. He brings deep expertise in financial regulation, compliance, and fintech innovation.

Azman played a pivotal role in co-founding a European robo-advisory fintech startup, which he successfully led to exit. Since 2018, he has been deeply involved in the legal and regulatory dimensions of the digital asset space, including being a key contributor to the development and launch of VerifyVASP from its inception.

A founding member of the Regulatory Subcommittee of the Blockchain Association of Singapore (BAS), Azman is an active voice in the industry, frequently participating in panel discussions and forums on evolving regulatory frameworks and digital finance policy matters.

Policies

SSG funding terms and conditions

Use of Personal Details

In consideration of the subsidy provided by SkillsFuture Singapore Agency (“SSG”) through the SUTD Academy for the Course,

I consent to:

The collection, use and disclosure to relevant third parties of my personal data by the SUTD Academy including but not limited to personal particulars, attendance records, assessment/performance records, for the following purposes:

Reporting of national statistics and conducting of holistic continuing education training research and analysis;
Facilitate the conduct of the relevant surveys and audits in relation to the Course;
General administration of the Course including but not limited to processing of the subsidy provided by SSG;
Publicity and marketing of the Course or other Courses to be provided by SSG or SUTD Academy; and
SSG or its Appointed Auditors or Nominated Representatives to directly contact Course Participant to obtain information deemed necessary for the purposes of conducting effectiveness survey or audits in relation to the Course.

I agree to:

Attend and complete all lectures, class exercises, workshops and assessments;
Complete the Course feedback at the end of the Course;
Complete the post Course survey sent about 3 to 6 months after class attendance; and
Sign up for a personal email account.

SUTD privacy statement

For more information on SUTD’s privacy statement, please visit here.

SUTD terms and conditions

Methods of payment

Learn more about the available payment modes.

Cancellation & refund policy

If a written notification is sent to sutd_academy@sutd.edu.sg within 24 hours after course registration deadline there will be no cancellation charges. A full refund will be made.
No refund is provided if written notification is more than 24 hours after course registration deadline. SUTD Academy reserves the rights to collect the full fee amount from the participant.

Replacement policy

Companies may replace participants who have signed up for the course by giving a 3-working day notice before the course commencement date to sutd_academy@sutd.edu.sg. Terms and conditions apply.

Registration policy

Course may be cancelled due to insufficient participants. SUTD Academy will not be responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting or arising directly or indirectly from any course cancellation.
Course enrolment is based on a first-come, first-served basis.
SUTD Academy reserves the right to change or cancel any course or instructor due to unforeseen circumstances.

Types of funding

Funding under Mid-Career Enhanced Subsidy (“MCES”)

MCES is an enhanced Subsidy to encourage mid-career individuals to upskill and reskill, thereby helping them to remain competitive and resilient in the job market. With this, all Singaporeans aged 40 and above will receive higher subsidies of up to 90% course fee subsidy for SSG-funded certifiable courses.
Individuals/employers are not required to submit an application for the MCES. Those pursuing SSG-funded programmes will be charged the appropriate subsidised fees by SUTD Academy if they are eligible MCES. Individuals/employers will only need to pay the nett fee (full course fee after SSG’s grant). For more info, please visit SkillsFuture website at https://www.skillsfuture.gov.sg/enhancedsubsidy

Funding under Enhanced Training Support for SMEs (“ETSS”)

ETSS is an enhanced funding to enable SMEs to send their employees for training.
SMEs will enjoy subsidies of up to 90% of the course fees when they sponsor their employees for SSG-funded certifiable courses.
In addition to higher course fee funding, SMEs can also claim absentee payroll funding of 80% of basic hourly salary at a higher cap of $7.50 per hour. SMEs may apply for the absentee payroll via the SkillsConnect system.
To qualify, SMEs must meet all of the following criteria:
– Organisation must be registered or incorporated in Singapore
– Employment size of not more than 200 or with annual sales turnover of not more than $100 million
– Trainees must be hired in accordance with the Employment Act and fully sponsored by their employers for the course
– Trainees must be Singapore Citizens or Singapore Permanent Residents. For more info, please visit SSG website at https://www.ssg.gov.sg/programmes-and-initiatives/funding/enhanced-training-support-for-smes1.html

Funding under Union Training Assistance Programme (“UTAP”)

UTAP is a training benefit for NTUC members to defray their cost of training. This benefit is to encourage more union members to go for skills upgrading.

NTUC members enjoy 50% unfunded course fee support for up to $250 each year when you sign up for courses supported under UTAP (Union Training Assistance Programme).

For more info, please visit https://e2i.com.sg/individuals/ntuc-education-and-training-fund/.

Funding under Post-Secondary Education Account (“PSEA”)

The Post-Secondary Education Account (PSEA) is part of the Post-Secondary Education Scheme to help pay for the post-secondary education of Singaporeans.

This is part of the Government’s efforts to encourage every Singaporean to complete their post-secondary education. It also underscores the Government’s commitment to support families in investing in the future education of their children and to prepare them for the economy of the future. PSEA is not a bank account.

It is administered by the Ministry of Education (MOE) and is opened automatically for all eligible Singaporeans.

Account holders can use their PSEA funds to pay for their own or their siblings’ approved fees and charges for approved programs conducted by approved institutions.

However, you will have to check your eligibility and balance by contacting MOE first.

Contact MOE at (65) 6260 0777

E-mail to MOE at contact@moe.edu.sg

Click here for MOE website.