Recognition of CFP Certification in Malaysia

RECOGNITION OF CFP DESIGNATION BY REGULATORY BODIES IN MALAYSIA

BODY CFP
Prerequisite for Capital Market Sevices Licence (CMSL) SC Securities Commission
Module 1 holders able to recommend full range of financial products SC Securities Commission
Eligible for Internship Program for licensed financial planners SC Securities Commission
Prerequisite for Financial Adviser (FA) Licence BNM Bank Negara Malaysia
Module 1 & 2 required to renew life insurance licence BNM Bank Negara Malaysia
Module 4 holders exempted from CUTE and PRS Exams (Prior to 2015) FiMM Federation of Investment Managers Malaysia
Module 3 holders exempted from CUTE and PRS Exams (2015 and after) FiMM Federation of Investment Managers Malaysia
Eligible for CPD points under FIMMs’ Continuing Professional Development Programme FIMM Federation of Investment Managers Malaysia
Eligible for withdrawal for education purposes EPF Employees Provident Fund
Eligible for training grant under the Human Resources Development Fund HRDF Human Resources Development Fund
Eligible for financing and scholarship under the Bumiputera Dealer Representatives Education Fund BDREF Bumiputera Dealer Representatives Education Fund
Exempted from Pre-Contract Examination for Insurance Agents (PCEIA) Part A, B & C MII Malaysia Insurance Institute