3 hours per module; 4 modules in total
Securities Commission Malaysia
5 CPE points per module; total 20 CPE points for entire programme
Licensed intermediary institutions play an important systemic role in the capital market eco-system. The growth or decline of the capital market is influenced by, among others, the success and failure of these institutions. Hence, the quality of leadership at these institutions is paramount. Kiel et al (2012) suggest four levels of competence required of a board. They are as follows:
Industry: Experience in and knowledge of the industry in which the organisation operates
Technical: Technical/professional skills and specialist knowledge to assist with ongoing aspects of the board’s role
Governance: The essential governance knowledge and understanding all directors should possess or develop if they are to be effective board members
Behavioural: The attributes and competencies enabling individual board members to use their knowledge and skills to function well as team members and to interact with key stakeholders
The Capital Market Director Programme (CMDP) is an exclusive platform for directors of licensed intermediaries to be equipped with the relevant knowledge, skills and abilities (basic to intermediate level) to meet the expected competencies required of a board. A modular programme with four modules encompassing lectures, case studies and interactive discussions, it is designed to allow directors and other participants to explore and deliberate on pertinent issues affecting the industry from multi-stakeholders perspectives.
Who Should Attend
Directors (and other strategic personalities) of licensed intermediary institutions
The programme is introduced with the following objectives:
- Equip members of the board with knowledge and skills to provide leadership and oversight of the running of the licensed intermediaries;
- Assist directors of licensed intermediaries to be an effective member of the board through latest developments in regulations and challenges, business and governance, in the capital market; and
- Promote a thorough understanding of the role of the Securities Commission Malaysia in regulating a dynamic and competitive capital market.
The salient features of the programme are:
- Modular programme comprising four modules (however, participants are encouraged to enrol as per the suggested sequence of the modules)
- Each module has three hours of contact and interaction time
- Use of experiential learning via facilitated discussion and reflective observation of concepts, case studies and real-life experiences
- Class size of between 20-25 participants
The programme will leverage case studies, local or foreign-based, for impactful learning. The cases may include published case studies or cases based on enforcement actions taken by the securities regulators.