SIDC launches ICF development platform


In a statement issued yesterday, the SC said the Cabinet Special Committee on Anti-Corruption (JKKMAR) had approved its recommendation to require listed companies to put in place anti-corruption measures and a framework to promote the effective discharge of directors

KUALA LUMPUR: The Securities Commission's learning and development arm has launched the Capital Market Competency Management System (CMS), an online platform that centralises Industry Competency Framework (ICF), assessment and development acitivities on a common hub. 

The Securities Industry Development Corporation (SIDC) said in a statement that the CMS facilitates continuous professional development of the capital market industry by offering assessment of competencies as prescribed by the ICF and identifying learning and development interventions.

"Based on the ICF, the CMS empowers individuals and/or corporations to assess and identify their own or their employees’ existing competency levels and development areas," it said.

The CMS is set to be a game changer for capacity building and professional development of the Malaysian capital market.

It will feature the ICF repository, a Self-Assessment Tool, and a personalised development guide (the Development Advisor) based on the individual’s self-assessment report that includes suggested training courses as well as self-directed learning elements.

"CMS is a disruption tool which can help overcome the insurmountable challenges and pave the map for the unknowns. 

"Not only the future employees will be able to get themselves ready for the market, but the culture of lifelong learning is ingrained in the mindset of existing employees,” said SIDC CEO Sharifatul Hanizah Said Ali.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

   

Next In Business News

KLCCP Stapled Group records higher 1Q net profit of RM180.56mil
Southern Cable wins RM44.8mil contract from TM
Eversendai returns to the black in 1Q
Leon Fuat optimistic about 2023 performance
Boustead records 1Q net loss of RM62.80mil
Allianz 1Q net profit rises to RM172.69mil
Mida: Malaysia attracts RM71.4bil in approved investments for 1Q
Ringgit ends lower versus greenback on oil price decline, expectation of US rate hike
IJM expects better results in FY24
PNB appoints Raja Arshad as group chairman

Others Also Read