On 14th January 2021, CFA Society Malaysia signed a Memorandum of Understanding (MoU) with the Securities Industry Development Corporation (SIDC), the leading capital market learning and development provider for industry participants in Malaysia.
This strategic partnership is centred on promoting professional excellence and investor education in the Malaysian capital market and the organisations will work on collaborative initiatives that are mutually beneficial.
Despite the challenging times and COVID-19 restrictions, both organizations agreed to continue with the MoU and the signing ceremony took place virtually after months of planning.
Both parties signed the agreement live on zoom, with over 30 attendees from CFA Society Malaysia and SIDC present. Signing of behalf of CFA Society Malaysia was its President, Justin Ong, CFA, whilst SIDC was represented by its Chief Executive Officer, YM Tengku Zarina Tengku Cik.
Key highlights discussed in the MoU include:
- Exploring opportunities to host joint events and expand/develop capital market courses or qualifications;
- Exchanging and sharing knowledge and information for the purpose of development and capacity building initiatives for capital market participants;
- Exploring collaborations on advocacy initiatives, relating to ethics, investor protection and education or any other topic as agreed by the Parties;
- Exploring opportunities to share content or resources.
This MoU is a stepping-stone for a longer-term relationship for these two organizations. The partnership will strengthen and advance both organisations’ missions in competency development, as well as the promotion of excellence and innovation in all facets of Malaysia’s capital market.
This collaboration also signifies a growth strategy for CFA Society Malaysia. The local society is focused on developing new partnerships with leading organizations that will help to meet the professional learning and development needs of its members.
“We are thrilled with this collaboration and foresee more initiatives with SIDC in the pipeline. At CFA Society Malaysia, we encourage professional development and continuous education. By collaborating with a Malaysian leading organization like SIDC, our stakeholders can experience and gain the best of what industry experts offer,” said President of CFA Society Malaysia, Justin Ong.
SIDC Chief Executive Officer, YM Tengku Zarina Tengku Cik added, “In these challenging times, such relationships have never been more important given the complexities brought about by COVID-19 and the global environment. This MOU would facilitate and strengthen investor education in the Malaysian capital market.”
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