eGUIDE
EXAMINATION eGUIDE / STUDY UPDATE / STUDY
OUTLINE / ADDITIONAL READING MATERIAL
OVERVIEW
Please read the materials in this section carefully before you begin your studies. It details the module objectives, the outline and the requirements you must fulfil to successfully complete the examinations.
This examination is designed to test the candidate’s knowledge and understanding of the rules and regulations governing the Malaysian equity market. It is one of the examinations to be passed by individuals who:
1
intend to apply for a Capital Market Services Representative’s Licence (CMSRL) to carry on the regulated activity of dealing in securities;
2
intend to hold the following positions in a firm which is a holder of a Capital Markets Services Licence (CMSL), for carrying on the business of dealing in securities:
— Head of Operations
— Head of Compliance
— Compliance Officer;
3
intend to be employees of registered persons who carry out the capital markets activities as stipulated in Item 1 of Part 1 of Schedule 4 of the Capital Markets and Services Act 2007.
Candidates are advised to refer to the Licensing Handbook for the detailed combination of examinations required for each regulated activity.
REFERENCES
eGuide
– Module 6: Stock Market Securities Law (eGuide) – Click Here
Prescribed Reference Material
- Securities Commission Act 1993
- Capital Markets and Services Act 2007
- Rules of Bursa Malaysia Securities Berhad
- Bursa Malaysia Securities Berhad Participating Organisations’ Trading Manual
- Rules of Bursa Malaysia Securities Clearing Sdn Bhd
- Guidelines on Prevention of Money Laundering and Terrorism Financing for Reporting Institutions in the Capital Market
- Guidelines on Implementation of Targeted Financial Sanctions Relating to Proliferation Financing for Capital Market Intermediaries
- Guidelines on Market Conduct and Business Practices for Stockbrokers and Licensed Representatives
- Guidelines on Conduct for Capital Market Intermediaries
- Guidelines on Unlisted Capital Market Products under the Lodge and Launch Framework
- Guidance Note on Provision of Investment Advice
- Bursa Malaysia Securities Berhad Main Market Listing Requirements
- Bursa Malaysia Securities Berhad ACE Market Listing Requirements
- Bursa Malaysia Securities Berhad LEAP Market Listing Requirements
- Licensing Handbook
LINKS
– Securities Commission Legislation (Acts, Regulations, Order and Guidelines)
– Bursa Malaysia Rules (Securities and Derivatives)
OVERVIEW
Please read the materials in this section carefully before you begin your studies. It details the module objectives, the outline and the requirements you must fulfil to successfully complete the examinations.
Module 7 is designed to convey the essentials of financial statement analysis, fixed income and equity securities and markets in the context of investment analysis at undergraduate level. For purposes of entry-level licensing examinations, the target audience for this study guide is invariably wide. It is hoped that certain introductory areas would familliarise the newcomer to the accounting, financial mathematics and investment analysis scene, providing the basics for a sound foundation in these areas of study.
On the other hand, areas concerning, for example, important issues in the theory and concepts, limitations of methods used, problems of comparability and how they arise, are available to point out the necessity for adjustments to be made before intra-company and inter-company comparisons. The latter are considered as ‘refreshers’ for those initiated in one or another of the areas of study in the guide.
This examination is designed to test the candidate’s knowledge and understanding of the Malaysian capital market. It is one of the examinations to be passed by individuals who:
1
intend to apply for a Capital Market Services Representative’s Licence (CMSRL) to carry on the regulated activity of dealing in securities;
2
intend to hold the following positions in a firm which is a holder of a Capital Markets Services Licence (CMSL), for carrying on the business of dealing in securities:
— Head of Operations
— Head of Compliance
— Compliance Officer;
3
intend to be employees of registered persons who carry out the capital markets activities as stipulated in Item 1 of Part 1 of Schedule 4 of the Capital Markets and Services Act 2007.
Candidates are advised to refer to the Licensing Handbook for the detailed combination of examinations required for each regulated activity.
REFERENCES
eGuide
– Module 7: Financial Statement Analysis and Asset Valuation (eGuide) – Click Here
OVERVIEW
Please read the materials in this section carefully before you begin your studies. It details the module objectives, the outline and the requirements you must fulfil to successfully complete the examinations.
This examination is designed to the test candidate’s knowledge and understanding of the rules and regulations governing the Malaysian fund management industry. It is one of the examinations to be passed by individuals who:
1
intend to apply for a Capital Markets Services Representative’s Licence (CMSRL) to carry on the regulated activity of fund management in relation to portfolio management;
2
intend to hold the position of compliance officer in a firm which is a holder of a Capital Markets Services Licence (CMSL) for carrying on the business of fund management in relation to portfolio management;
3
intend to be employees of registered persons who carry out the capital markets activities as stipulated in Item 4, Part 1 of Schedule 4 of the Capital Markets and Services Act 2007.
Candidates are advised to refer to the Licensing Handbook for the detailed combination of examinations required for each regulated activity.
REFERENCES
eGuide
– Module 9: Funds Management Regulation (eGuide) – Click Here
Prescribed Reference Material
- Capital Markets and Services Act 2007
- Securities Commission Malaysia Act 1993
- Licensing Handbook
- Guidelines on Compliance Function for Fund Management Companies
- Guidelines for Public Offerings of Securities of Closed-end Funds
- Guidelines on Conduct for Capital Market Intermediaries
- Guidelines on Prevention of Money Laundering and Terrorism Financing for Reporting Institutions in the Capital Market
- Guidelines on Implementation of Targeted Financial Sanctions Relating to Proliferation Financing for Capital Market Intermediaries
- Guidelines on Unlisted Capital Market Products under the Lodge and Launch Framework
- Lodgement Kit: Unlisted Capital Market Products under the Lodge and Launch Framework
- Guidelines on Unit Trust Funds
- Guidelines on Sales Practices of Unlisted Capital Market Products
- Guidelines on Exchange-Traded Funds
- Guidelines on Islamic Fund Management
LINKS
– Securities Commission Legislation (Acts, Regulations, Order and Guidelines)
– Bursa Malaysia Rules (Securities and Derivatives)
OVERVIEW
Please read the materials in this section carefully before you begin your studies. It details the module objectives, the outline and the requirements you must fulfil to successfully complete the examinations.
This examination is designed to the test candidate’s knowledge and understanding of the rules and regulations governing the Malaysian fund management industry. It is one of the examinations to be passed by individuals who:
1
intend to apply for a Capital Market Services Representative’s Licence (CMSRL) to carry on the regulated activity of fund management;
2
intend to hold the position of compliance officer in a firm which is a holder of a Capital Markets Services Licence (CMSL) for carrying on the business of fund management;
3
intend to be employees of registered persons who carry out the capital markets activities as stipulated in Item 4, Part 1 of Schedule 4 of the Capital Markets and Services Act 2007.
Candidates are advised to refer to the Licensing Handbook for the detailed combination of examinations required for each regulated activity.
OVERVIEW
Please read the materials in this section carefully before you begin your studies. It details the module objectives, the outline and the requirements you must fulfil to successfully complete the examinations.
This examination is designed to test the candidate’s knowledge and understanding on the concepts and rules and regulations pertaining to the compliance function. It is one of the examinations to be passed by individuals who intend to hold the position of Head of Compliance or Compliance Officer in a firm which is a holder of a Capital Markets Services Licence (CMSL) carrying on the following regulated activities:
– dealing in securities;
– dealing in derivatives; or
– fund management in relation to portfolio management.
Candidates are advised to refer to the Licensing Handbook for the detailed combination of examinations required for each regulated activity.
1
intend to apply for a Capital Market Services Representative’s Licence (CMSRL) to carry on the regulated activity of fund management;
2
intend to hold the position of compliance officer in a firm which is a holder of a Capital Markets Services Licence (CMSL) for carrying on the business of fund management;
3
intend to be employees of registered persons who carry out the capital markets activities as stipulated in Item 4, Part 1 of Schedule 4 of the Capital Markets and Services Act 2007.
REFERENCES
eGuide
– Module 11: Fundamentals of Compliance (eGuide) – Click Here
Prescribed Reference Material
- Bursa Malaysia Securities Berhad Guidelines for Compliance Function for Participating Organisations (Appendix 1)
- Bursa Malaysia Derivatives Berhad Guidelines for Compliance Functions for Trading Participants
- Guidelines on Compliance Function for Fund Management Companies
- Guidelines on Unit Trust Funds
- Guidelines on Market Conduct and Business Practices for Stockbroking Companies and Licensed Representatives
- Guidelines on Conduct for Capital Market Intermediaries
- Guidelines on Prevention of Money Laundering and Terrorism Financing for Reporting Institutions in the Capital Market
- Guidelines on Implementation of Targeted Financial Sanctions Relating to Proliferation Financing for Capital Market Intermediaries
- Guidance Note on Provision of Investment Advice
- Rules of Bursa Malaysia Securities Berhad
- Bursa Malaysia Securities Berhad Participating Organisations’ Directives and Guidance
- Rules of Bursa Malaysia Derivatives Berhad
- Trading Participants’ Directives and Guidance
LINKS
– Securities Commission Legislation (Acts, Regulations, Order and Guidelines)
– Bursa Malaysia Rules (Securities and Derivatives)
OVERVIEW
Please read the materials in this section carefully before you begin your studies. It details the module objectives, the outline and the requirements you must fulfil to successfully complete the examinations.
This examination is designed to test the candidate’s knowledge and understanding of the financial issues relevant to the investment advisory and corporate finance services in the Malaysian capital market. It is one of the examinations to be passed by individuals who:
1
intend to apply for a Capital Markets Services Representative’s Licence (CMSRL) to carry on any of the following regulated activities:
– Advising on corporate finance;
– Investment advice;
2
intend to be employees of registered persons who carry out the capital markets activities as stipulated in Items 2 and 3, Part 1 of Schedule 4 of the Capital Markets and Services Act 2007.
Candidates are advised to refer to the Licensing Handbook for the detailed combination of examinations required for each regulated activity.
REFERENCES
eGuide
– Module 12: Investment Management and Corporate Finance (eGuide) – Click Here
LINKS
– Module 12 Study Guide Update (September 2017)
– Additional Reading Material on Structured Products
OVERVIEW
Please read the materials in this section carefully before you begin your studies. It details the module objectives, the outline and the requirements you must fulfil to successfully complete the examinations.
This examination is designed to test the candidate’s knowledge and understanding of futures and options in Malaysia. It is one of the examinations to be passed by individuals who:
1
intend to apply for a Capital Markets Services Representative’s Licence (CMSRL) to carry on the regulated activity of dealing in derivatives;
2
intend to hold the position of Compliance Officer in a firm which is a holder of a Capital Markets Services Licence (CMSL) for carrying on the business of dealing in derivatives.
Candidates are advised to refer to the Licensing Handbook for the detailed combination of examinations required for each regulated activity.
REFERENCES
eGuide
– Module 14: Derivatives (eGuide) – Click Here
Prescribed Reference Material
- Additional Reading Material on Gold Futures Contract
- Additional Reading Material on USD RBD Palm Olein Futures Contract
LINKS
– Additional Reading Material on Gold Futures Contract
– Additional Reading Material on USD RBD Palm Olein Futures Contract
OVERVIEW
Please read the materials in this section carefully before you begin your studies. It details the module objectives, the outline and the requirements you must fulfil to successfully complete the examinations.
This examination is designed to test the candidate’s knowledge and understanding of the rules and regulations governing the Malaysian futures and options market, the overall structure of the futures and options market and the Rules of Bursa Malaysia Derivatives Berhad. It is one of the examinations to be passed by individuals who:
1
intend to apply for a Capital Markets Services Representative’s Licence (CMSRL) to carry on the regulated activity of dealing in derivatives;
2
intend to hold the position of Compliance Officer in a firm which is a holder of a Capital Markets Services Licence (CMSL) for carrying on the business of dealing in derivatives.
Candidates are advised to refer to the Licensing Handbook for the detailed combination of examinations required for each regulated activity.
REFERENCES
eGuide
– Module 16: Rules and Regulations of Derivatives (eGuide) – Click Here
Prescribed Reference Material
- Capital Markets and Services Act 2007
- Securities Commission Malaysia Act 1993
- Rules of Bursa Malaysia Derivatives Berhad
- Bursa Malaysia Derivatives Berhad Trading Manual
- Licensing Handbook
- Guidance Note on Provision of Investment Advice
- Guidelines on Prevention of Money Laundering and Terrorism Financing for Reporting Institutions in the Capital Market
- Guidelines on Implementation of Targeted Financial Sanctions Relating to Proliferation Financing for Capital Market Intermediaries
- Guidelines on Conduct for Capital Market Intermediaries
- Guidelines on Contracts for Difference
LINKS
– Securities Commission Legislation (Acts, Regulations, Order and Guidelines)
– Bursa Malaysia Rules (Securities and Derivatives)
OVERVIEW
Please read the materials in this section carefully before you begin your studies. It details the module objectives, the outline and the requirements you must fulfill to successfully complete the examinations.
This examination is designed to test the candidate’s knowledge and understanding of the Malaysian capital market. This is one of the dual-activity examination modules intended to facilitate individuals who wish to apply for a Capital Markets Services Representative’s Licence (CMSRL) to undertake both of the following regulated activities:
– Dealing in securities; and
– Dealing in derivatives.
It is also an alternate examination module to Module 6: Stock Market & Securities Law (one of the examination modules to be passed by (i) individuals who intend to apply for a CMSRL for the regulated activity of dealing in securities; or (ii) individuals who intend to hold the position of Head of Operations, Head of Compliance or Compliance Officer in a firm which is a holder of a Capital Markets Services Licence (CMSL) for carrying on the business of dealing in securities; or (iii) individuals who intend to be employees of registered persons who carry out the capital markets activities as stipulated in Item 1, Part 1 of Schedule 4 of the Capital Markets and Services Act 2007) and to Module 16: Rules and Regulations of Futures and Options (one of the examination modules for the regulated activity of dealing in derivatives).
Candidates are advised to refer to the Licensing Handbook for the detailed combination of examinations required for each regulated activity.
REFERENCES
eGuide
– Examination Study Guide for Module 1: Regulations (Malaysia Futures and Options)(Fifth Print, 2011 Revised)
– Module 6: Malaysian Stock Market & Securities Law (eGuide) – Click Here
– Module 16: Rules and Regulations of Derivatives (eGuide) – Click Here
– Additional Reading Material on Structure Products
Prescribed Reference Material
- Securities Commission Malaysia Act 1993
- Capital Markets and Services Act 2007
- Rules of Bursa Malaysia Securities Berhad
- Bursa Malaysia Securities Berhad Participating Organisations’ Trading Manual
- Rules of Bursa Malaysia Derivatives Berhad
- Bursa Malaysia Derivatives Berhad Trading Manual
- Rules of Bursa Malaysia Securities Clearing Sdn Bhd
- Guidelines on Prevention of Money Laundering and Terrorism Financing for Reporting Institutions in the Capital Market
- Guidelines on Implementation of Targeted Financial Sanctions Relating to Proliferation Financing for Capital Market Intermediaries
- Guidelines on Market Conduct and Business Practices for Stockbroking Companies and Licensed Representatives
- Guidelines on Conduct for Capital Market Intermediaries
- Guidelines on Unlisted Capital Market Products under the Lodge and Launch Framework
- Guidance Note on Provision of Investment Advice
- Guidelines on Contracts for Difference
- Bursa Malaysia Securities Berhad Main Market Listing Requirements
- Bursa Malaysia Securities Berhad ACE Market Listing Requirements
- Bursa Malaysia Securities Berhad LEAP Market Listing Requirements
- Licensing Handbook
LINKS
– Securities Commission Legislation (Acts, Regulations, Order and Guidelines)
– Bursa Malaysia Rules (Securities and Derivatives)
OVERVIEW
Please read the materials in this section carefully before you begin your studies. It details the module objectives, the outline and the requirements you must fulfil to successfully complete the examinations.
This examination is designed to test the candidate’s knowledge and understanding of the Malaysian capital market. This is one of the dual-activity examination modules intended to facilitate individuals who wish to apply for a Capital Markets Services Representative’s Licence (CMSRL) to undertake both of the following regulated activities:
– Dealing in securities; and
– Dealing in derivatives
It is also an alternate examination module to Module 7: Financial Statement Analysis & Asset Valuation (one of the examination modules to be passed by (i) individuals who intend to apply for a CMSRL for the regulated activity of dealing in securities; or (ii) individuals who intend to hold the position of Head of Operations, Head of Compliance or Compliance Officer in a firm which is a holder of a Capital Markets Services Licence (CMSL) for carrying on the business of dealing in securities; or (iii) individuals who intend to be employees of registered persons who carry out the capital markets activities as stipulated in Item 1, Part 1 of Schedule 4 of the Capital Markets and Services Act 2007) and to Module 14: Futures and Options (one of the examination modules for the regulated activity of dealing in derivatives).
Candidates are advised to refer to the Licensing Handbook for the detailed combination of examinations required for each regulated activity.
REFERENCES
eGuide
– Module 7: Financial Statement Analysis and Asset Valuation (eGuide) – Click Here
– Module 14: Futures and Options (eGuide) – Click Here
LINKS
– Additional-Reading-Material-on-Gold-Futures-Contract
– Additional Reading Material on USD RBD Palm Olein Futures Contract
– Additional Reading Material on Structure Products
– Additional Reading Material on Technical Analysis
OVERVIEW
Please read the materials in this section carefully before you begin your studies. It details the module objectives, the outline and the requirements you must fulfil to successfully complete the examinations.
This examination is designed to test the candidate’s knowledge and understanding of the rules and regulations governing advisory services in the Malaysian capital market. It is one of the examinations to be passed by individuals who:
1
intend to apply for a Capital Markets Services Representative’s Licence (CMSRL) to carry on the regulated activities of advising on corporate finance or investment advice;
2
intend to be employees of registered persons who carry out the capital markets activities as stipulated in Items 2 and 3 of Schedule 4 of the Capital Markets and Services Act 2007.
Candidates are advised to refer to the Licensing Handbook for the detailed combination of examinations required for each regulated activity.
REFERENCES
eGuide
– Module 19: Legal Considerations and Code of Conduct (eGuide) – Click Here
Prescribed Reference Material
- Capital Markets and Services Act 2007
- Licensing Handbook
- Equity Guidelines
- Guidelines on Submission of Corporate and Capital Market Product Proposals (New)
- Malaysian Code on Take-Overs and Mergers 2016
- Rules on Take-overs, Mergers and Compulsory Acquisitions
- Asset Valuation Guidelines
- Prospectus Guidelines
- Guidelines on Issuance of Corporate Bonds and Sukuk to Retail Investors
- Guidelines on Unlisted Capital Market Products under the Lodge and Launch Framework
- Guidelines on Prevention of Money Laundering and Terrorism Financing for Reporting Institutions in the Capital Market
- Guidelines on Implementation of Targeted Financial Sanctions Relating to Proliferation Financing for Capital Market Intermediaries
- Issuer Eligibility Guidelines – Structured Warrants
- Guidelines on Conduct for Capital Market Intermediaries
- Guidance Note on Provision of Investment Advice
- Bursa Malaysia Securities Berhad Main Market Listing Requirements
- Bursa Malaysia Securities Berhad ACE Market Listing Requirements
- Bursa Malaysia Securities Berhad LEAP Market Listing Requirements
LINKS
– Securities Commission Legislation (Acts, Regulations, Order and Guidelines)
– Bursa Malaysia Rules (Securities and Derivatives)
OVERVIEW
Please read the materials in this section carefully before you begin your studies. It details the module objectives, the outline and the requirements you must fulfil to successfully complete the examinations.
This examination is designed to test the candidate’s knowledge and understanding of the rules and regulations governing advisory services in the Malaysian capital market. It is one of the examinations to be passed by individuals who:
1
intend to apply for a Capital Markets Services Representative’s Licence (CMSRL) to carry on the regulated activities of investment advice;
2
intend to be employees of registered persons who carry out the capital markets activities as stipulated in Item 3 of Part 1 of Schedule 4 of the Capital Markets and Services Act 2007.
Candidates who intend to apply for a CMSRL to carry on the regulated activity of advising on corporate finance or who intend to be employees of registered persons who carry out the capital markets activities as stipulated in Item 2, Part 1 of Schedule 4 of the Capital Markets and Services Act 2007 will need to pass this examination together with Module 19B: Advisory Services (Rules and Regulations) – Part B to be considered as having completed the rules and regulations examination.
Candidates are advised to refer to the Licensing Handbook for the detailed combination of examinations required for each regulated activity.
REFERENCES
eGuide
– Module 19: Legal Considerations and Code of Conduct (eGuide) – Click Here
Prescribed Reference Material
- Capital Markets and Services Act 2007
- Licensing Handbook
- Equity Guidelines
- Guidelines on Prevention of Money Laundering and Terrorism Financing for Capital Market Intermediaries
- Guidelines on Implementation of Targeted Financial Sanctions Relating to Proliferation Financing for Capital Market Intermediaries
- Malaysian Code on Take-Overs and Mergers
- Rules on Take-Overs, Mergers and Compulsory Acquisitions
- Guidelines on Conduct for Capital Market Intermediaries
- Guidance Note on Provision of Investment Advice
- Bursa Malaysia Securities Berhad Main Market Listing Requirements
- Bursa Malaysia Securities Berhad ACE Market Listing Requirements
- Bursa Malaysia Securities Berhad LEAP Market Listing Requirements
LINKS
– Securities Commission Legislation (Acts, Regulations, Order and Guidelines)
– Bursa Malaysia Rules (Securities and Derivatives)
OVERVIEW
Please read the materials in this section carefully before you begin your studies. It details the module objectives, the outline and the requirements you must fulfil to successfully complete the examinations.
This examination is designed to test the candidate’s knowledge and understanding of the rules and regulations governing advisory services in the Malaysian capital market. Candidates will need to pass this examination together with Module 19A: Advisory Services (Rules and Regulations) – Part A to be considered as having completed the rules and regulations examinations:
1
for an application for a Capital Markets Services Representative’s Licence (CMSRL) to carry on the regulated activity of advising on corporate finance;
2
for those who intend to be employees of registered persons who carry out the capital markets activities as stipulated in Item 2, Part 1 of Schedule 4 of the Capital Markets and Services Act 2007.
Candidates are advised to refer to the Licensing Handbook for the detailed combination of examinations required for each regulated activity.
REFERENCES
eGuide
– Module 19: Legal Considerations and Code of Conduct (eGuide) – Click Here
Prescribed Reference Material
- Equity Guidelines
- Guidelines on Due Diligence Conduct for Corporate Proposals
- Asset Valuation Guidelines
- Prospectus Guidelines
- Guidelines on Issuance of Corporate Bonds and sukuk to Retail Investors
- Guidelines on Unlisted Capital Market Products under the Lodge and Launch Framework
- Issuer Eligibility Guidelines – Structured Warrants
- Guidance Note on Provision of Investment Advice
LINKS
– Securities Commission Legislation (Acts, Regulations, Order and Guidelines)
– Bursa Malaysia Rules (Securities and Derivatives)
