The following table provides a summary of amendments to the Licensing Handbook issued on 26 February 2015 and 1 April 2015 respectively:

Revision date

Reference in the Licensing Handbook

Comments

Prior to
Revision

Revised version

26 February 2015 Table 3 of Chapter 4 on financial planning

Table 7 of Chapter 5

Table 3 of Chapter 4 on financial planning

Table 7 of Chapter 5

Following the review of the minimum qualification requirements for the purpose of obtaining a Capital Markets Services Representative’s Licence (CMSRL) for Financial Planning, the Financial Planning Association of Malaysia (FPAM) has restructured the modules of its Certified Financial Planner (CFP) programme. The approved modules are now known as:

Module 1 – Foundation in Financial Planning;
Module 3 – Investment Planning and Retirement Planning; and
Module 4 – Financial Plan Construction and Professional Responsibilities (Familiarisation Programme)

1 April 2015

Paragraphs 4.02 (15) and 4.02 (16) New paragraphs in the Licensing Handbook which stipulate the requirement for director to attend the Capital Market Director Programme (CMDP) and the timeline to complete the programme (effective from 1st May 2015).