SC Licensing Examinations

SC Licensing Examinations

THE SC LICENSING
EXAMINATIONS

SIDC serves as a one-stop examination centre for those seeking to be licensed by SC, those seeking to hold a position as head of operations, Head of Compliance or Compliance Officer and those who intend to be employees of registered persons who carry out the regulated activities specified in the Part 1 of Schedule 4 of the Capital Markets & Services Act 2007 (permitted capital market activities).

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

There are three levels of cognitive skills being tested, namely knowledge, comprehension, and application and analysis. The knowledge level requires studying, absorbing and recalling the memorised information. The level of comprehension requires an ability to grasp and understand the meaning of the principles or concepts for each subject. And finally, the application and analysis level which is the highest level of cognitive skills for licensing examinations, tests the candidate’s ability to relate and apply the acquired information in market practices.

Currently, there are 13 modules of examinations being offered.

Examination-related reference materials can be purchased from the SIDC e-SHOP.

NOTICE

Candidates sitting for the licensing examinations are reminded that all Examination Study Guides published are correct at the time of print. Candidates are advised, however, to keep themselves updated as the licensing examinations will reflect the latest information.

In reference to changes on rules and regulations:

Changes and amendments to the business rules and listing requirements can be obtained from the Bursa Malaysia website.

Changes to guidelines issued by the SC are announced via press releases and the SC website.

DETAILS ON THE

SC LICENSING EXAMINATIONS

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

  1. Securities Commission Act 1993
  2. Capital Markets and Services Act 2007
  3. Rules of Bursa Malaysia Securities Berhad
  4. Bursa Malaysia Securities Berhad Participating Organisations’ Trading Manual
  5. Rules of Bursa Malaysia Securities Clearing Sdn Bhd
  6. Guidelines on Prevention of Money Laundering and Terrorism Financing for Reporting Institutions in the Capital Market
  7. Guidelines on Implementation of Targeted Financial Sanctions Relating to Proliferation Financing for Capital Market Intermediaries
  8. Guidelines on Market Conduct and Business Practices for Stockbrokers and Licensed Representatives
  9. Guidelines on Conduct for Capital Market Intermediaries
  10. Guidelines on Unlisted Capital Market Products under the Lodge and Launch Framework
  11. Guidance Note on Provision of Investment Advice
  12. Bursa Malaysia Securities Berhad Main Market Listing Requirements
  13. Bursa Malaysia Securities Berhad ACE Market Listing Requirements
  14. Bursa Malaysia Securities Berhad LEAP Market Listing Requirements
  15. 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

  1. Capital Markets and Services Act 2007
  2. Securities Commission Malaysia Act 1993
  3. Licensing Handbook
  4. Guidelines on Compliance Function for Fund Management Companies
  5. Guidelines for Public Offerings of Securities of Closed-end Funds
  6. Guidelines on Conduct for Capital Market Intermediaries
  7. Guidelines on Prevention of Money Laundering and Terrorism Financing for Reporting Institutions in the Capital Market
  8. Guidelines on Implementation of Targeted Financial Sanctions Relating to Proliferation Financing for Capital Market Intermediaries
  9. Guidelines on Unlisted Capital Market Products under the Lodge and Launch Framework
  10. Lodgement Kit: Unlisted Capital Market Products under the Lodge and Launch Framework
  11. Guidelines on Unit Trust Funds
  12. Guidelines on Sales Practices of Unlisted Capital Market Products
  13. Guidelines on Exchange-Traded Funds
  14. 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.

REFERENCES

 

eGuide

– Module 10: Asset and Funds Management (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 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

  1. Bursa Malaysia Securities Berhad Guidelines for Compliance Function for Participating Organisations (Appendix 1)
  2. Bursa Malaysia Derivatives Berhad Guidelines for Compliance Functions for Trading Participants
  3. Guidelines on Compliance Function for Fund Management Companies
  4. Guidelines on Unit Trust Funds
  5. Guidelines on Market Conduct and Business Practices for Stockbroking Companies and Licensed Representatives
  6. Guidelines on Conduct for Capital Market Intermediaries
  7. Guidelines on Prevention of Money Laundering and Terrorism Financing for Reporting Institutions in the Capital Market
  8. Guidelines on Implementation of Targeted Financial Sanctions Relating to Proliferation Financing for Capital Market Intermediaries
  9. Guidance Note on Provision of Investment Advice
  10. Rules of Bursa Malaysia Securities Berhad
  11. Bursa Malaysia Securities Berhad Participating Organisations’ Directives and Guidance
  12. Rules of Bursa Malaysia Derivatives Berhad
  13. 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

  1. Additional Reading Material on Gold Futures Contract
  2. 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

  1. Capital Markets and Services Act 2007
  2. Securities Commission Malaysia Act 1993
  3. Rules of Bursa Malaysia Derivatives Berhad
  4. Bursa Malaysia Derivatives Berhad Trading Manual
  5. Licensing Handbook
  6. Guidance Note on Provision of Investment Advice
  7. Guidelines on Prevention of Money Laundering and Terrorism Financing for Reporting Institutions in the Capital Market
  8. Guidelines on Implementation of Targeted Financial Sanctions Relating to Proliferation Financing for Capital Market Intermediaries
  9. Guidelines on Conduct for Capital Market Intermediaries
  10. 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

  1. Securities Commission Malaysia Act 1993
  2. Capital Markets and Services Act 2007
  3. Rules of Bursa Malaysia Securities Berhad
  4. Bursa Malaysia Securities Berhad Participating Organisations’ Trading Manual
  5. Rules of Bursa Malaysia Derivatives Berhad
  6. Bursa Malaysia Derivatives Berhad Trading Manual
  7. Rules of Bursa Malaysia Securities Clearing Sdn Bhd
  8. Guidelines on Prevention of Money Laundering and Terrorism Financing for Reporting Institutions in the Capital Market
  9. Guidelines on Implementation of Targeted Financial Sanctions Relating to Proliferation Financing for Capital Market Intermediaries
  10. Guidelines on Market Conduct and Business Practices for Stockbroking Companies and Licensed Representatives
  11. Guidelines on Conduct for Capital Market Intermediaries
  12. Guidelines on Unlisted Capital Market Products under the Lodge and Launch Framework
  13. Guidance Note on Provision of Investment Advice
  14. Guidelines on Contracts for Difference
  15. Bursa Malaysia Securities Berhad Main Market Listing Requirements
  16. Bursa Malaysia Securities Berhad ACE Market Listing Requirements
  17. Bursa Malaysia Securities Berhad LEAP Market Listing Requirements
  18. 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

  1. Capital Markets and Services Act 2007
  2. Licensing Handbook
  3. Equity Guidelines
  4. Guidelines on Submission of Corporate and Capital Market Product Proposals (New)
  5. Malaysian Code on Take-Overs and Mergers 2016
  6. Rules on Take-overs, Mergers and Compulsory Acquisitions
  7. Asset Valuation Guidelines
  8. Prospectus Guidelines
  9. Guidelines on Issuance of Corporate Bonds and Sukuk to Retail Investors
  10. Guidelines on Unlisted Capital Market Products under the Lodge and Launch Framework
  11. Guidelines on Prevention of Money Laundering and Terrorism Financing for Reporting Institutions in the Capital Market
  12. Guidelines on Implementation of Targeted Financial Sanctions Relating to Proliferation Financing for Capital Market Intermediaries
  13. Issuer Eligibility Guidelines – Structured Warrants
  14. Guidelines on Conduct for Capital Market Intermediaries
  15. Guidance Note on Provision of Investment Advice
  16. Bursa Malaysia Securities Berhad Main Market Listing Requirements
  17. Bursa Malaysia Securities Berhad ACE Market Listing Requirements
  18. 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

  1. Capital Markets and Services Act 2007
  2. Licensing Handbook
  3. Equity Guidelines
  4. Guidelines on Prevention of Money Laundering and Terrorism Financing for Capital Market Intermediaries
  5. Guidelines on Implementation of Targeted Financial Sanctions Relating to Proliferation Financing for Capital Market Intermediaries
  6. Malaysian Code on Take-Overs and Mergers
  7. Rules on Take-Overs, Mergers and Compulsory Acquisitions
  8. Guidelines on Conduct for Capital Market Intermediaries
  9. Guidance Note on Provision of Investment Advice
  10. Bursa Malaysia Securities Berhad Main Market Listing Requirements
  11. Bursa Malaysia Securities Berhad ACE Market Listing Requirements
  12. 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

  1. Equity Guidelines
  2. Guidelines on Due Diligence Conduct for Corporate Proposals
  3. Asset Valuation Guidelines
  4. Prospectus Guidelines
  5. Guidelines on Issuance of Corporate Bonds and sukuk to Retail Investors
  6. Guidelines on Unlisted Capital Market Products under the Lodge and Launch Framework
  7. Issuer Eligibility Guidelines – Structured Warrants
  8. Guidance Note on Provision of Investment Advice

LINKS

Securities Commission Legislation (Acts, Regulations, Order and Guidelines)
Bursa Malaysia Rules (Securities and Derivatives)

EXAMINATION FEES

Effective from 1st July 2022 onwards, the examination fees for respective modules are as follows:

July – December 2022

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

REPORT

EXAMINER’S REPORTS

The examiner’s reports provide a general commentary on the overall performance of candidates in the SC Licensing examinations modules as well as a detailed performance of the candidates according to the sections in the respective modules.

UPDATES

EXAMINATION UPDATES

Sort By Year   |   
14 May 2020
Announcement – SC Licensing Examinations (SCLE)
As a standard bearer of quality and innovation, the Securities Industry Development Corporation (SIDC) is driven by professional excellen…
18 May 2019
Inclusion of Over-the-Counter (OTC) Derivatives in Module 14 and Module 18
Please be informed that with effect from July 2018, the syllabi for the following modules will include Over-the-Counter (OTC) Derivatives…
23 May 2018
Inclusion of Contract for Difference (CFD) in Module 16 and Module 17 Examinations
Please be informed that with effect from July 2018, the syllabi for both Module 16: Rules and Regulations of Derivatives and Module 17: S…
21 Nov 2017
Changes to Modules 16 and 14 of the SC Licensing Examinations (SCLE)
Securities Industry Development Corporation (SIDC) has recently conducted a review of Module 16: Rules and Regulations of Futures and Opt…
26 Oct 2016
New Study Outlines for Modules 16, 17, 19 and 19A with effect from 1 November 2016
The SIDC wishes to inform that the study outline for Module 16: Rules and Regulations of Futures and Options (“Module 16”) and Module…
01 Jun 2016
Inclusion of Structured Products in Module 12 Examinations
Please be informed that with effect from July 2016, the syllabi for Module 12: Investment Management and Corporate Finance will include S…
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PASSING RATES

EXAMINATION PASSING RATES

The overall examination passing rates for the SC Licensing Examinations modules according to the relevant regulated activities are as follows:

MOCK UP

COMPUTER-BASED EXAMINATION MOCK-UP

This computer-based examination mock-up is intended to assist candidates in familiarising themselves with the format of the SIDC Assessment system. Candidates are encouraged to attempt the mock-up prior to their actual examinations.

SIDC – Delivering Professional Excellence