Wholesale Market Conduct Risk

ABOUT THE PROGRAMME

Bank Negara Malaysia (BNM) had issued the Wholesale Market Conduct Practices and Guidance Document on 31 December 2021 aimed at providing guidance on managing conduct risks arising from wholesale financial markets activities. Financial institutions (FIs) are required to maintain adequate oversight of staff conduct and implement mechanisms to manage market misconduct. Periodic reviews of market conduct practices and controls must also be undertaken by FIs to ensure robust internal controls in order to mitigate wholesale market conduct risk.

This webinar will provide insights in the role of FIs in managing conduct risks arising from their treasury dealers’ activities through effective trade and communications surveillance programs to preserve market integrity. The structure and set up of treasury departments as well as segregation of duties among treasury staff will be discussed together with the eligibilities and responsibilities of dealers and their methods of dealing among market participants.

The webinar will also provide participants an understanding of conduct risk identification, assessment and how traded financial products are vulnerable to misconduct. In addition, the institution’s internal control environment will be reviewed in order to preserve an ethical and honest market place from market misconduct.

LEARNING OUTCOMES

• Review the treasury dealing room structure and segregation of duties between front, middle and back office
• Analyze dealers’ eligibilities, responsibilities in preserving a reputable, ethical and honest market place and methods of dealing among market participants
• Assess conduct risks on financial products traded and susceptibility to different types of misconduct
• Review the internal control environment to mitigate exposure to conduct risks and the roles played by the business unit, risk, compliance and internal audit departments

SPEAKER
Mr Yeo Chin Tiong
Trainer

REGISTRATION IS CLOSED