Capital Market Director Programme

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Module 2A: Business Challenges and Regulatory Expectations

Scope of Coverage

  • Nature of the relevant business (stockbroking, investment banking and futures broking), including its shifting trends and regulatory and competitive changes
  • Overview of the expected competencies to understand the nature, conduct and performance of the relevant business
  • Challenges in the operations, systems and procedures to meet the expectations laid out in the applicable SC Guidelines with particular reference to the following areas of:
  • Customer due diligence;
  • Insider and/or price sensitive information;
  • Real or perceived conflicts of interest situations;
  • Market misconduct, including front running and scalping;
  • Compliance function and compliance officers;
  • Breaches of securities laws, rules and regulations;
  • AML/CFT framework;
  • Bursa Malaysia’s approach to ensuring fair and orderly market.

Learning Outcomes

At the end of the programme, participants will be able to:

  • Identify and discuss the nature, challenges and opportunities in the relevant business (stockbroking, investment banking and futures broking);
  • Evaluate the relevant provisions in the applicable guidelines that directors of licensed intermediaries need to be cognizant of;
  • Assess the challenges facing directors of relevant business (stockbroking, investment banking and futures broking) in overseeing the application of and conformance with the applicable guidelines;
  • Exercise judgement appropriately in dealing with issues of business challenges and regulatory expectations brought to the attention of the board.