Prevention of Insider Trading and Chinese Wall Requirements

In this evolving age, financial intermediaries and their clients feel the need for greater transparency and control in the market. Ethics is the prevalent theme. Some key concepts and issues that can be worked on are, information barrier sometimes otherwise known as the Chinese Wall which is the offer of protection against the conflict of interests of both parties, and the prevention of financial crimes. The Chinese Wall is the concept of an ethical wall regulating and safeguarding communication of information between both parties. It is commonly employed in investment banks between corporate-advisory area and brokering departments. Due to the complexity of financial systems, it is often difficult to detect and prevent fraud and abuse of positions. As such, it is important to increase awareness of what’s going on in financial markets.

Learning Outcome

Participants will be able to:

1. Define in outline the principles of the laws and ethics covering Prevention of Insider Trading.
2. Apply relevant laws and ethics covering prevention of insider trading by making reference to appropriate regulations that prescribe matters on insider trading and Chinese wall issued jointly by Bank Negara Malaysia (BNM) and Securities Commission (SC), the Rules of Bursa Securities and Capital Markets and Services Act 2007 (CMSA).
3. Explain the necessity, features and characteristics of information barrier system within an investment bank.
4. Evaluate the appropriateness of information barrier procedures and controls
5. Analyse the risks and obligations arising from the failure to implement the necessary controls to prevent leakage of price sensitive information.

Learning Outline

Facilitator

Profile of Chua Bee Sen

Bee Seng has over 32 years of experience in the financial markets and services industries, which included stints as the Head of Research and sell-side analyst for a British stockbroking and investment banking firm. He has also worked as Head of Equities/Dealer for several stockbroking firms and was the Chief Investment Officer of a local asset management company. His more recent experience centered on wealth management and financial planning. Besides working predominantly in Malaysia, he has had working stints in Hong Kong and London. Bee Seng has conducted numerous high-profile speaking arrangements and training sessions for various insurance, unit trust, and fund management companies.

He has held and/or currently still active capital market services representative licenses (CMSRL) in securities dealing, fund management, financial planning, and marketing representative with the Securities Commission of Malaysia (SCM). Bee Seng is well versed in a multitude of financial products and markets. His multi-faceted approach and deep understanding coupled with many years of experience and networking in the region will contribute significantly to any organisation.

He graduated with a Bachelor (BBA) and Master of Business Administration (MBA) in Finance (University of Houston), Texas, USA.

Terms & Conditions

• Registration is on a first-come-first-served basis, only 30 seats available.
• Participants need to sit in for both sessions in order to accumulate the points.
• Confirmation is subject to payment before the workshop.
• FPAM reserves the right to amend the program, speaker, date, venue, etc, without prior notice.

Frequently Asked Questions

1. How long will each digital programme take?

Each digital programme is the equivalent of a day’s CE Workshop training for approximately 8 hours. With the lunch break in between, the digital programme will usually take place for 6 hours.

2. Can I attend only half sessions of the training?

Yes, you may. However, you will not be granted full points from respective parties.

3. Which forms of payment can I use?

We accept payment by credit card (VISA / MasterCard / AMERICAN EXPRESS / Discover), by FPX (Affin Bank, Alliance Bank, AmBank, Bank Islam, Bank Muamalat, Bank Rakyat, BSN, CIMB Clicks, Hong Leong Bank, HSBC Bank, KFH, Maybank2E, Maybank2U, OCBC Bank, Public Bank, RHB Bank, Standard Chartered, UOB Bank).

4. How secure is shopping? Is my data protected?

Your data will be handled confidentially and encrypted with SSL (Secure-Socket-Layer) secure server software. The encrypted information of your order, your name, address, credit card or bank details cannot be read by any third party. Credit card payments will also be verified through the 3D secure procedure.

5. Who should I contact if there is any transactional issue or problem purchasing any product / service?

Kindly drop a message below with the problem statement and we will get back to you as soon as possible.