Familiarisation Programme for Registered Representatives I

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Familiarisation Programme for Registered Representatives I

Duration: 2 days
Venue: Securities Commission Malaysia
This two-day programme provides a comprehensive understanding of the rules and regulations governing the Malaysian securities and derivatives markets necessary for Trading Representatives (TRs) and for Introducing Representatives working with Participating Organisations (POs) to carry out their duties effectively and in compliance with the law.
 
Participants will be introduced to an overview of the securities and derivatives markets, Islamic capital market and capital market regulations. The programme will cover Know-Your-Client (KYC) procedures, trading on Bursa Malaysia Securities Berhad (Bursa) and securities offences. The programme includes assessments to gauge participants’ understanding of the materials presented.
 

Who Should Attend

Please refer to Guidelines for Registered Person (Registered Representative) for entry requirements

  • Programme Delivery

    Learning Outcomes


    By the end of the programme, participants will be able to: 
    • explain the function of securities, derivatives and Islamic capital markets
    • describe the regulatory framework of the securities market
    • enumerate the various regulatory bodies  involved in regulating the securities market and their functions and roles
    • describe the general process of money laundering 
    • describe the obligations on protection of clients' information and common abuses of clients' information
    • undertake the Know-Your-Client (KYC) assessment at the point of opening of accounts
    • describe the legal relationships between Participating Organisations and their clients
    • explain the essential trading rules and procedures on Bursa 
    • explain to potential investors about trading on Bursa (IRs)
    • describe the various investment products listed on Bursa (IRs)
    • describe the features and prohibitions on a range of offences which may arise from trading in the stock market

     

    Once the participant has passed the assessment, he/she will be registered under s.76(2) of the Capital Markets and Services Act 2007 (CMSA). Hence, allowing the Trading Representative (TR) or Introducing Representative (IR) to: 

    • Accept orders from clients 
    • Market the services of Capital Market Services Licence (CMSL) holders (IRs)
    • Refer prospective clients to CMSL holders (IRs)
    • Execute clients’ orders
    • Facilitate account opening 

     

    This programme provides a continuous platform for RRs to enhance their knowledge and skills to enable them to become competent Dealer’s Representatives (DR). The roadmap for RR to be DR is described below: 
     

    3-stage programme structure

    Stage 1

    Entry level, i.e. 1st Familiarisation Programme for Registered Representative I (FPPR I) before being registered as RR 

    Stage 2

    Training programmes for RR (continuously for 2 years)

    Stage 3

    Final FPRR 2 for those who want to be licensed as DR at the end of Year 2 

     

    Methodology


    Presentations,  discussions,  assessment quiz (60 multiple choice questions) 

     

  • Programme Fees

    RM950 per participant + 6% GST = RM1,007