SCLE Revision: Advisory Services (Rules and Regulations) (Module 19)

Aug 2021

9:00 am - 6:00 pm

SIDC LAMS

Speakers : Wong Loke Lim

Module 19: Advisory Services (Rules & Regulations)

Programme Delivery

Programme Objective

This course equips participants with comprehensive understanding and knowledge based on the Module 19 Study Outline. Participants will advance their knowledge and comprehension further via an interactive teaching and learning experience while increasing their confidence in sitting for the examination. This course will be facilitated by an experienced and qualified trainer.

Programme Overview

This 2-day course is designed to match the licensing study outline for Module 19 on advisory services (rules and regulations). It covers the principles of contract of law and relevant issues, related guidelines pertaining to equities, private debt securities and structured products.

Who Should Attend

Candidates preparing for the Module 19 Licensing Examination
New entrants to the capital market industry and staff of investment banks

Learning Outcomes

Candidates are expected to have good knowledge, understanding and ability to apply in the following areas:

The principles of contract law and relevant issues
The laws which are relevant to the advisory services in the Malaysian capital market
The system and procedures of licensing of persons who carry on the investment advisory business in Malaysia
The features and prohibitions of investment advisory activities
The regulations governing the issue and offer of equity securities, listing of corporations and quotations of securities on the Main Market of Bursa Malaysia Securities Berhad (Bursa Securities) (Main Market) and proposals which result in a significant change in the business direction or policy of corporations listed on the Main Market under the Securities Commission Malaysia’s Equity Guidelines
The regulations setting out who can act as principal advisers for the submission of corporate proposals and the competency standards required
The regulations governing the conduct of due diligence for corporate proposals by issuers, advisers and experts
The activities and current trends connected to money laundering and terrorism financing and the Malaysian regulatory approach towards them
The characteristics and regulations governing take-overs in Malaysia
The regulations governing valuations of property assets in conjunction with corporate proposals for submission to the Securities Commission Malaysia or for inclusion in prospectuses and circulars
The regulations governing the issuance and registration of prospectuses
The regulations governing the issue, subscription, purchase, invitation to subscribe or purchase private debt securities or sukuk to retail investors
The regulations that must be observed for the purposes of exclusively making available unlisted capital market products to sophisticated investors in Malaysia or persons outside Malaysia
The regulations governing the issuers of structured warrants
The regulations governing listing of securities under the Bursa Securities Main Market Listing Requirements, Bursa Malaysia Securities Berhad ACE Market Listing Requirements and Bursa Malaysia Securities Berhad LEAP Market Listing Requirement

Candidates’ Prerequisites

It is estimated that this module will require a minimum of 200 hours of study time. Candidates are expected to have relatively strong capability in the application and analysis of information provided in this outline and its reference. The amount of study hours needed depends on the education background and work experience of the candidates. Candidates are also expected to update themselves with the latest changes relevant to this module as all questions will be continuously updated to reflect these changes.

Methodology

This course will be delivered using effective learning methods which include presentations, discussions and review examination questions.

Programme Outline

PROGRAMME – DAY 1

9.00 am	Legal Considerations and Code of Conduct Contractual Issues Outline of the law of contract Essential elements of a contract Other elements of contract Exclusion and limitation clauses Remedies for breach of contract Negligent Misstatement Negligence Defences General liability of stockbrokers False and misleading statements under securities laws
10.30 am	Break
110.45 am	Licensing of Persons Who Carry on the Business of Investment Advice, Advising on Corporate Finance and Their Representatives Advising on corporate finance, Investment advice, CMSL and CMSRL defined Requirement to be licensed Criteria for the grant of licence Revocation and suspension of licence Duties and obligations of licence holder Prohibited Conduct and Insider Trading Prohibited conduct Insider trading Guidelines on Prevention of Money Laundering and Terrorism Financing for Capital Market Intermediaries Part I: Introduction and Applicability Part II: Risk-Based Approach Application Part III: Customer Due Diligence (CDD) Part IV: Retention of Records Part V: Suspicious Transactions Part VI: Compliance and Training Programmes Part VII: Combating Terrorism Financing
1.00 pm	Lunch Break
2.00 pm	Guidelines Related to Advisory Services and Its Applications 1. Equity Guidelines Part I: General Part II: Policy Guidelines 2. Guidelines on Submission of Corporate and Capital Market Product Chapter 1: Introduction Chapter 2: Applicability Chapter 3: Related Provisions Chapter 4: Definitions Chapter 5: Obligations of a Submitting Party Chapter 6: Obligations of a Submitting Party, Senior Officer and Qualified Person for Submission of a Specific Proposal Chapter 7: Obligations of Advisers in a Proposal Chapter 8: Obligations of an Applicant In a Proposal
3.30 pm	Break
3.45 pm	Guidelines Related to Advisory Services and Its Applications (con’t) 3. Prospectus Guidelines Part I: General Requirements Part II: Contents of Prospectus Division 1 – Equity Division 2 – Corporate Bonds and Sukuk Division 3 – Structured Warrants Division 5 – Abridged Prospectus Division 6 – Supplementary and Replacement Prospectus Part III: Procedures for Registration Chapter 1: Prospectus under Division 1 and 1A of Part II Chapter 2: Prospectus under Division 2 and 2A of Part II Chapter 3: Prospectus under Division 3 of Part II (Structured Warrants) Chapter 5: Prospectus under Division 5 of Part II (Abridged Prospectus) Part IV: Prospectus Related Guidelines Division 1- Plain Language Guide for Prospectus Division 2- Electronic Prospectuses and Application Guidelines Division 3- Advertising Guidelines
6.00 pm	End of Day 1

PROGRAMME – DAY 2

9.00 am	Guidelines Related to Advisory Services and Its Applications (con’t) 4. Malaysian Code on Take-Overs and Mergers 2016 Citation and Commencement General Principle 1 to 12 Acquisition pursuant to subsection 218(3) Revocation and saving 5. Rules on Take-Overs, Mergers and Compulsory Acquisition General Take-Over Offer Process and Procedure of Take-Over Offer Conduct During Offer Compulsory Acquisition and Right of Minority Shareholders
10.30 am	Break
10.45 am	6. Asset Valuation Guidelines Chapter 3: Appointment of Valuer Chapter 4: Valuation Chapter 7: Requirements for Valuation of Specific Property Assets Chapter 8: Submission of Report 7. Guidelines on Issuance of Corporate Bonds and Sukuk to Retail Investors Part A: General Part B: Requirements for an Issuance of Corporate Bonds or Sukuk Part C: Approval for an Issuance of Corporate Bonds or Sukuk Part D: Additional Shariah Requirements for Sukuk Part E: Requirements for an Issuance of Sustainable and Responsible Investing Sukuk Part F: Requirements for an Issuance of ASEAN Bonds and Sukuk Part G: Requirements for an Issuance of Corporate Bonds and Sukuk Under the Qualified Issuer Framework
1.00 pm	Lunch Break
2.00 pm	Guidelines Related to Advisory Services and Its Applications (con’t) 8. Guidelines on Unlisted Capital Market Products Under the Lodge and Launch Framework Section A: General Requirements Section B: Specific Requirements Part 2: Structured Products Part 3: Corporate Bonds and Sukuk Part 4: Asset-Backed Securities Section C: Additional Requirements for Shariah-Compliant Unlisted Capital Market Products Under the Lodge and Launch Framework Section D: Transitional Provisions 9. Lodgement Kit: Unlisted Capital Market Products Under the Lodge and Launch Framework Part 2: Structured Products Part 3: Corporate Bonds and Sukuk Part 4: Asset- Backed Securities 10. Guidelines on Issuer Eligibility – Structured Warrants General Eligible Issuers of Structured Warrants Requirements on Issuers Supervisory Action Submission of Declaration
3.30 pm	Break
4.15 pm	Bursa Malaysia Securities Berhad Ace Market Listing Requirements Chapter 2: General Chapter 3: Admission Chapter 4: Admission for Specific Applicants Chapter 4A: Foreign Listing Chapter 4B: Listing of Sukuk and Debt Securities Chapter 5: Structured Warrants Chapter 6: New Issues of Securities Chapter 8: Continuing Listing Obligations Chapter 9: Continuing Disclosure Chapter 10: Transactions Chapter 12: Share Buy-Backs Chapter 13: Arrangements and Reconstructions Chapter 14: Dealings in Listed Securities Chapter 15: Corporate Governance Chapter 16: Suspension, De-listing and Enforcement Practice Notes Bursa Malaysia Securities Berhad Ace Market Listing Requirements Chapter 2: General Chapter 3: Admission Chapter 4: Sponsors Chapter 5: Foreign Listing Chapter 6: New Issue of Securities Chapter 8: Continuing Listing Obligations Chapter 9: Continuing Disclosure Chapter 10: Transactions Chapter 12: Share Buy-Backs Chapter 13: Arrangements and Reconstructions Chapter 14: Dealings in Listed Securities Chapter 15: Corporate Governance Chapter 16: Suspension, De-listing and Enforcement
6.00 pm	End of Day 2

About the Speaker

Wong Loke Lim

Founder and Director of i-Biz Concept Sdn Bhd

Wong Loke Lim

Founder and Director of i-Biz Concept Sdn Bhd

SCLE Revision: Advisory Services (Rules and Regulations) (Module 19)

Laws & Regulations

9:00 am - 6:00 pm

SIDC LAMS

Speakers : Wong Loke Lim

MYR 1250 *Fee is not inclusive of 8% SST

Module 19: Advisory Services (Rules & Regulations)

Programme Delivery

Programme Outline

About the Speaker

About the Speaker

Wong Loke Lim

Wong Loke Lim

Securities Commission Licensing Examination AM

Securities Commission Licensing Examination AM

Securities Commission Licensing Examination PM

Securities Commission Licensing Examination PM

Securities Commission Licensing Examination AM

Securities Commission Licensing Examination AM

CUSTOMISE A PROGRAMME

TALK TO US

If you have any questions,
our dedicated team of specialists is here to help you

SCLE Revision: Advisory Services (Rules and Regulations) (Module 19)

Laws & Regulations

9:00 am - 6:00 pm

SIDC LAMS

Speakers : Wong Loke Lim

MYR 1250 *Fee is not inclusive of 8% SST

Module 19: Advisory Services (Rules & Regulations)

Programme Delivery

Programme Outline

About the Speaker

About the Speaker

Wong Loke Lim

Wong Loke Lim

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CUSTOMISE A PROGRAMME

TALK TO US

If you have any questions, our dedicated team of specialists is here to help you

If you have any questions,
our dedicated team of specialists is here to help you