Press Release
SIDC’s flagship CCMP certification programmes equip professionals with crucial skills needed for the growth of the capital market in Malaysia.
4 July 2024 – Kuala Lumpur, Malaysia. The Securities Industry Development Corporation (SIDC) today celebrates the graduation of 248 professionals from 43 companies of its Certified Capital Market Professional (CCMP) certification programmes. The professionals are from two key programmes: 189 graduates of CCMP in Dealing in Derivatives and 59 graduates of CCMP in Compliance.
The graduates are from 43 investment houses, financial institutions and regulators including CGS International Securities, Maybank Investment Bank, RHB Investment Bank, Affin Hwang Investment Bank, Permodalan Nasional Berhad, RHB Bank, Malacca Securities, Securities Commission Malaysia, UOB Kay Hian Securities, StashAway, Affin Bank, Kenanga Investment Bank and more.
“The CCMP certification programmes are developed as a strategic alignment to the evolving demands and complexities in the capital market. The certification is designed to equip professionals with theoretical knowledge and practical skills necessary to excel in their respective areas. Our aim is to develop professionals who will meet and exceed the industry’s expected quality standards,” said Tengku Zarina Tengku Chik, Chief Executive Officer of SIDC.
“SIDC’s CCMP certifications in Compliance and Dealing in Derivatives enhance the credibility of professionals in the industry and demonstrate expertise in specific areas of capital markets. This is essential in developing a robust capital industry in Malaysia and safeguarding the interests of the investors,” said Lim Hui Ying, Deputy Minister of Finance at the graduation ceremony of SIDC’s Certified Capital Market Professionals.
She added, “Today’s compliance function is no longer a mere checklist ticking on abiding bylaws, rules, and regulations. It extends to making a positive impact on an organisation and its business to prevent reputational and economic loss. In addition, sound dealings in derivatives require a multifaceted approach that combines a deep understanding of the underlying assets and markets, strong risk management skills, market knowledge and experience.”
At the graduation ceremony, the presenters of the CCMP certificate to the graduates were Lim Hui Ying, Deputy Minister of Finance; Dato’ Mohammad Faiz Azmi, Executive Chairman of Securities Commission Malaysia; Datuk Muhamad Umar Swift, Chief Executive Officer of Bursa Malaysia; and Tengku Zarina Tengku Chik, Chief Executive Officer of Securities Industry Development Corporation (SIDC).
The ceremony was also attended by Professor Emeritus Dato’ Dr. Hassan Said, SIDC Certifications and Qualifications Advisory Panel and SIDC Board Member; Datin Teh Ija Jalil, Independent Non-Executive Chairperson of HSBC Amanah Malaysia and SIDC Board Member; Faridah Bakar Ali, Chief Financial Officer of Khazanah Nasional and SIDC Board Member; and Gerald Ambrose, Chair of SIDC Conferment Committee.
Derivatives and Compliance
The CCMP certification programmes provide customised learning modules tailored to meet the industry’s unique challenges and requirements. Candidates are assessed on their proficiency across various capital market aspects through formative and summative evaluations which prepare them for future challenges.
The CCMP in Dealing in Derivatives (CCMP-DID) programme is a self-directed e-learning programme specifically designed for existing Capital Markets Services Representative License (CMSRL) holders. This programme equips participants with the necessary knowledge and skills to obtain an additional license for dealing in derivatives. The programme includes six comprehensive modules and a realistic trading simulation that mirrors real-world trading platforms, ensuring graduates are prepared for the practicalities of derivatives dealing.
Recognising the critical role of compliance in the capital market, SIDC offers the CCMP in Compliance certification programme which is designed to elevate the competencies of compliance officers across the Malaysian capital market. The CCMP in Compliance is structured in three parts:
- CCMP in Compliance 1: This programme equips aspiring compliance professionals with a foundational understanding of compliance complexities within an organisation.
- CCMP in Compliance 2: This programme is tailored for experienced compliance professionals, it provides in-depth expertise to tackle evolving regulatory challenges, ensuring they stay ahead of the curve.
- CCMP in Compliance Advocate: This is the pinnacle of the Compliance programme, it is targeted at seasoned compliance professionals who demonstrate exceptional leadership and mentoring within the compliance community. The participants serve as role models and advocates for ethical practices throughout the capital market.
Raising the Capability of Professionals
Reflecting on the effectiveness of the CCMP certification programme, Tham Lai Lai, a graduate of CCMP in Compliance 2 from AHAM Asset Management remarked, “Pursuing the CCMP-C2 is rigorous but also very rewarding, the modules were thought provoking and gave me a wholistic understanding of the entire capital market. It broadens my perspective as a compliance officer, teaches me to be more effective, equips me in facing challenges and adds value in my role.”
Elisya Nurdayana Binti Rosli, a graduate of CCMP in Compliance 1 from Apex Securities, shared her perspectives, “I enjoyed the learning process of CCMP-C1. It includes online courses, self-study technical modules, collaborative learning in co-working with a partner and the summative assessment. The programme gives me a big picture of how the industry works, it covers audit, risk management, ethics, governance and more. It prepares me to be agile and adaptable in facing the uncertain market environment.”
In addition, Tang Ghim Sheng, a graduate of CCMP in Dealing in Derivatives from CGS International Securities said, “The learning process is useful, I could test my skills through the trading simulation platform which is very similar to real world trading. The option trading strategy thought in the course is very good, I can apply the strategy in my daily trading work. I encourage more people to take the CCMP in Derivatives certification programme.”
- More information on CCMP in Derivatives is available at: CCMP Dealing in Derivatives
- More information on CCMP in Compliance is available at: CCMP Compliance
- More information on CCMP in Sustainable and Responsible Investment is available at: CCMP SRI
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