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

Aug 2023

19 Aug - 20 Aug 2023

9:00 am - 6:00 pm

SIDC LAMS

Speakers : Wong Loke Lim

Registration closing date is 3 business days before the programme date or when all seats are fully taken. The listed price is intended for Malaysian participants only. If you are a non-Malaysian, we kindly request you to reach out to Mr. Nor Effendi Othman at EffendiO@sidc.com.my for further information.

Module 19: Advisory Services (Rules & Regulations)

Programme Delivery

Programme Objective

This programme 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.

Programme Overview

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

Learning Outcomes

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

Outline the principles of contract law and relevant issues
Describe the laws which are relevant to the advisory services in the Malaysian capital market
Explain the system and procedures of licensing of persons who carry on the investment advisory business in Malaysia
Describe the features and prohibitions of investment advisory activities
Describe 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
Explain the regulations setting out who can act as principal advisers for the submission of corporate proposals and the competency standards required
Describe the regulations governing the conduct of due diligence for corporate proposals by issuers, advisers and experts
Describe the activities and current trends connected to money laundering and terrorism financing and the Malaysian regulatory approach towards them
Explain the characteristics and regulations governing take-overs in Malaysia
Explain 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
Identify the regulations governing the issuance and registration of prospectuses
Describe the regulations governing the issue, subscription, purchase, invitation to subscribe or purchase private debt securities or Sukuk to retail investors
Describe 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
Explain the regulations governing the issuers of structured warrants
Discuss the regulations governing listing of securities under Bursa Securities Main Market Listing Requirements, Bursa Malaysia Securities Berhad ACE Market Listing Requirements and Bursa Malaysia Securities Berhad LEAP Market Listing Requirement

Examination Prerequisites

Participants are expected to possess good knowledge and understanding of the subject matter provided in the study outline and specified references. It is estimated that this module will require a minimum of 200 hours of study time 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 the module as all questions will be continuously updated.

Methodology

This programme will be delivered using effective learning methods including presentations, discussions and review of 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
10.45 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 Reporting Institutions in the Capital Market Part I: Introduction and Applicability Part 1A: AML/CFT Compliance Programmes and Obligations of Board of Directors, Senior Management and Compliance Officer Part II: Risk-Based Approach Application Part III: Customer Due Diligence (CDD) Part IIIA: Wire Transfer Part IV: Retention of Records Part V: Suspicious Transactions Part VI: Enforcement Orders Part VII: Combating Terrorism Financing Guidelines on Implementation of Targeted Financial Sanctions Relating to Proliferation Financing for Capital Market Intermediaries 1.0 Introduction 2.0 Applicability 3.0 Definitions 4.0 Combating Proliferation Financing 5.0 Reporting Requirements 6.0 Contact Information 7.0 Appendices
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 Part III: Submission and Implementation Appendices, Schedules and Guidance 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 1A – ASEAN Equity Disclosure Standards Division 2 – Corporate Bonds and Sukuk Division 2A – ASEAN Debt Securities Disclosure Standards including Additional Requirements for an ASEAN Debt Issuance Programme 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 Issuance of Corporate Bonds or Sukuk Part C: Approval for Issuance of Corporate Bonds or Sukuk Part D: Additional Shariah Requirements for Sukuk Part E: Requirements for Issuance of Sustainable and Responsible Investing Sukuk
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
3.45 pm	Bursa Malaysia Securities Berhad Main 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 Guidance Notes Bursa Malaysia Securities Berhad LEAP Market Listing Requirements Chapter 2: General Chapter 3: Admission Chapter 4: Advisers Chapter 5: New Issues of Securities Chapter 6: Continuing Listing Obligations Chapter 7: Transactions Chapter 8: 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 Module 19: Advisory Services (Rules and Regulations)

Laws & Regulations

19 Aug - 20 Aug 2023

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 Module 19: Advisory Services (Rules and Regulations)

Laws & Regulations

19 Aug - 20 Aug 2023

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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Securities Commission Licensing Examination AM

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Securities Commission Licensing Examination AM

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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