Beruflich Dokumente
Kultur Dokumente
Licensing Process
Acronyms and Abbreviations
LICENSING
CMSL CMSRL
• Dealing in Securities • Dealing in Securities
• Dealing in Derivatives • Dealing in Derivatives
• Clearing for securities or • Fund Management
derivatives • Advising in Corporate Finance
• Fund Management • Investment Advice
• Dealing in Private Retirement • Financial Planning
Schemes
• Advising in Corporate Finance
• Investment Advice
• Financial Planning
5 Fig. 5
If the application is successful, • Effective 1 January 2015, details of the licensees can be viewed
the licensee will be furnished from the Public Register of Licence Holders at the SC’s website
with an approval letter and • Further information and guidance on ELA should be directed to
access to ELA the Licensing helpdesk at (03) 6204 8977 or through e-mail,
elahelp@seccom.com.my
• The ELA FAQs are available at www.sc.com.my
6
Once licensed, the company Fig. 6
must ensure continuous The licensing requirements are presented in the Licensing
compliance with licensing Handbook, securities laws, regulations, guidelines and any other
requirements applicable law that may govern the activities carried on by the
CMSL and its CMSRL
7
Fig. 7
Further support on ELA
Training on the usage of ELA will be provided by the Authorisation
may be obtained via
& Licensing Department to authorised employees (appointed
training
administrator and users of the system) of all new licensed
companies
End
3 Fig. 3
The assessment involves a review of the application for
The Authorisation &
completeness and fulfilment of licensing requirements set out in
Licensing Department will
Chapter 4 of the Licensing Handbook such as:
review and assess the
• Fit and proper status of representative
application
• Conduct of security vetting
4
Fig. 4
Final decision on the The approving authority for the application by new
application made by the representatives of licensed companies lies with the SC
Chairman Chairman
B
Securities Commission Malaysia 6
Symbols:
5
Fig. 5
If the application is successful, • Effective 1 January 2015, details of the licensees can be viewed
licensee’s detail will be from the Public Register of Licence Holders at the SC’s website
published on the Public • Further information and guidance on ELA should be directed to
Register of Licence the Licensing helpdesk at (03) 6204 8977 or through e-mail,
Holder. elahelp@seccom.com.my
• The ELA FAQs are available at www.sc.com.my
6
Once licensed, the representative Fig. 6
must ensure continuous The licensing requirements are presented in the Licensing
compliance with Handbook, securities laws, regulations, guidelines and any other
licensing requirements applicable law that may govern the activities carried on by the
CMSL and its CMSRL
End