SIDC administers the following SC regulatory-related activities since its inception:

• Securities Commission Malaysia Licensing Examinations (SCLE);
• Continuing Professional Education (CPE);

The SC Licensing Examinations are designed to set a minimum standard of competencies required of individuals who wish to act as intermediaries in the Malaysian capital market.

There are 13 SC Licensing Examinations modules being offered on Dealing in Securities, Dealing in Derivatives, Fund Management, Advising on Corporate Finance, Investment Advice and Compliance

It is a requirement under Chapter 4.05 (4) of the Licensing Handbook for applicants intending to be licensed as a Capital Markets Services Representative’s License holder for certain regulated activities as set out in Table 3 of the Licensing Handbook and those who intend to be employees of registered persons who carry out the regulated activities specified in Part 1 of Schedule 4 of the Capital Markets & Services Act 2007.

It is also a requirement for a candidate for key management or as a compliance officer of a Capital Markets Services License holder – Licensing Handbook Chapter 4.06 Table 3 and 5.

There will be a gradual increase in the SC Licensing Examinations fees effective 1 July 2020.

1. Examinees currently pay RM200 to RM400 for examination fees per module – RM300 to RM500 each for Module 17 & 18;
2. For re-sits, examinees are required to pay RM100 to RM400 examination fees per module – RM200 to RM500 each for Module 17 & 18;

The gradual increase are as follows on a year-to-year basis from 1 July 2020:

• Phase 1: RM300 per module in 2020 [Re-sit RM300 per module]
• Phase 2: RM400 per module for all examination registrations in 2021
• Phase 3: RM500 per module for all examination registrations in 2022

                                                                                          Table: Revised SCLE Fee Structure

MODULE	DESCRIPTION	FIRST SITTING/ RE-SITTING EXAM FEE (RM)
		Year 2020	Year 2021	Year 2022
6	Stock Market and Securities Law	300	400	500
7	Financial Statement Analysis and Asset Valuation	300	400	500
9	Funds Management Regulation	300	400	500
10	Asset and Funds Management	300	400	500
11	Fundamentals of Compliance	300	400	500
12	Investment Management and Corporate Finance	300	400	500
14	Derivatives	300	400	500
16	Rules and Regulations of Derivatives	300	400	500
17	Securities and Derivatives Trading (Rules and Regulations)	400	500	600
18	Securities and Derivatives Trading (Products and Analysis)	400	500	600
19	Advisory Services (Rules and Regulations)	300	400	500
19A	Advisory Services (Rules and Regulations) – Part A	300	400	500
19B	Advisory Services (Rules and Regulations) – Part B	300	400	500

*Gradual increase to take effect on 1 July 2020, 1 July 2021 and 1 July 2022