CMDP: Module 2A Business Challenges and Regulatory Expectations – What Directors Need to Know (Equities & Futures Broking)

Capital Market Director Program

07
Sep 2021

10:00 am - 11:30 am

SIDC LAMS

Speakers : Wong Yoke Weng

5 CPE
CPD*

MYR 1500 *Fee is not inclusive of 6% SST

CMDP: Module 2A Business Challenges and Regulatory Expectations – What Directors Need to Know (Equities & Futures Broking)

CPD*

* SIDC CPE points are recognised by FIMM, AICB and MIA

Learning Hours

1.5 hours (including Pre & Post Assessments)

Session 1

  • Nature of the relevant business (stockbroking, investment banking and futures broking), including its shifting trends and regulatory and competitive changes
  • Overview of the expected competencies to understand the nature, conduct and performance of the relevant business, including
    – Duties to clients;
    – Types of risks associated with the relevant business;
    – Performance benchmarking and evaluation
  • Challenges in the operations, systems and procedures in terms of minimum requirements and best practices to meet the expectations laid out in the applicable SC Guidelines with particular reference to the following areas of:
    – Customer due diligence;
    – Insider and/or price sensitive information;
    – Real or perceived conflicts of interest situations;
    – Market misconduct, including front running and scalping;
    – Compliance function and compliance officers;
    – Breaches of securities laws, rules and regulations;
    – AML/CFT framework;
    – Bursa Malaysia’s approach to ensuring fair and orderly market intermediaries.

Learning Outcomes

Upon completion of this programme, participants will be able to:

  • Discuss the nature, challenges and opportunities in the relevant business (stockbroking, investment banking and futures broking);
  • Evaluate the relevant provisions in the applicable guidelines that directors of licensed intermediaries need to be cognizant of;
  • Assess the challenges facing directors of relevant business (stockbroking, investment banking and futures broking) in overseeing the application of and conformance with the applicable guidelines;
  • Discuss the appropriate judgement exercise in dealing with issues of business challenges and regulatory expectations brought to the board’s attention.

Competencies

Core
Risk Management (Proficiency Level 4)
Foundational (Regulatory)
Capital Market Intermediaries (Proficiency Level 4)
Foundational (Regulatory)
Capital Market Products Regulations (Proficiency Level 4)

Target Audience

Individual 

Newly appointed directors and directors of CMSL holders

 

Wong Yoke Weng

Managing Director, Securities at Affin Hwang Capital

 

Wong Yoke Weng is the Managing Director of Securities at Affin Hwang Capital and is responsible for managing the overall securities business comprising institutional equities and retail business network of over 700 remisiers nationwide. He is a member of the Group Management Committee.

Prior to his current appointment, Wong was the Head of Intermediaries & Fund Supervision Business Group of Securities Commission Malaysia (SC) for 9 years, where he led SC’s strategic supervision and monitoring of market intermediaries and actively contributed to SC’s corporate direction-setting and decision-making. While at SC, he also held the position of Head, Market Surveillance Department for 3 years, and was a member of the Financial Stability Committee of the Labuan Financial Services Authority. Currently, he is a member on Bursa’s Appeals Committee.

Preceding this, he held the position of Executive Director of JF Apex Securities Berhad for 14 years.

Wong has over 30 years’ experience in auditing, managing accounting, financial services, and regulation of the capital market. He is a Chartered Accountant of the Malaysian Institute of Accountants (MIA), Fellow Member of the Association of Chartered Certified Accountants (UK), an active Committee Member of the Association of Stockbroking Companies Malaysia (ASCM) and Malaysian Investment Banking Association (MIBA).

Recommended for you

Training
Capital Market Director Program
03
Mar 2020
Training
Capital Market Director Program
Training
Innovation
05
Feb 2020
Claimable
10 CPE
Blockchain Applications in Capital Markets
5 February 2020

5 February 2020

8:30 am - 5:00 pm

Securities Commission Malaysia

Training
Innovation
Claimable
10 CPE
05
Feb 2020
Blockchain Applications in Capital Markets

5 February 2020

8:30 am - 5:00 pm

Securities Commission Malaysia

MYR 950

FacebookWhatsAppLinkedInEmail
Training
Behavioural
12
Feb 2020
Claimable
10 CPE
Developing a Positive Mindset: The Key to Work Life Balance
12 February 2020

12 February 2020

8:30 am - 5:00 pm

Securities Commission Malaysia

Training
Behavioural
Claimable
10 CPE
12
Feb 2020
Developing a Positive Mindset: The Key to Work Life Balance

12 February 2020

8:30 am - 5:00 pm

Securities Commission Malaysia

MYR 950

FacebookWhatsAppLinkedInEmail

View SIDC Calendar

View FAQ

Download

View T&C
SIDC – Delivering Professional Excellence