Foundation in Regulatory Framework & Compliance

9:00 AM – 5:00 PM | 24 & 25 Apr 2024 | 14 CPD Hours

Registration Deadline: 18 Apr 2024


The topics in this course explains the fundamentals in governance, risk management, the compliance and regulatory framework for insurance business, the financial crime and internal control management; as well as the importance of the Regulatory Compliance in the existence and growth of businesses.

Recommended For

  • New entrants in the industry
  • New entrants to the Insurance Service Provider – Brokers, Adjusters and Third-Party Administrators
  • Non-insurance personnel
  • Any persons requiring basic knowledge of insurance regulatory framework and compliance

Learning Format

  • In-Person Training

Learning Outcomes

  • Describe governance, risk management, control and compliance (GRCC), and overarching frameworks for Insurance Businesses in Malaysia.
  • Explain financial crimes and provide an overview of key rules, laws and regulations, to manage financial crimes in insurance businesses.
  • Describe ethics governing the business conduct of insurers, intermediaries and employees, and compliance management.

Foundation in Regulatory Framework & Compliance

Programme Structure
Additional Information

For Inquiries


+603 2712 8882

Programme Structure

Day 1

  • Overview of Insurance Business in Malaysia
  • Conducting Insurance Business in Malaysia
  • Licensing and regulating Insurance Businesses – FSA/IFSA 2013
  • Principles, codes, and rules on GRCC for Malaysian Insurance Businesses
  • Insurance & Shariah Frameworks on GRCC
  • Compliance and Regulatory Frameworks for Insurance Businesses
Day 2

  • Financial crimes in Insurance Businesses and Internal Control Management
  • Overview of AML/CFT Law
  • Overview of Anti-Bribery and Corruption Laws and Regulations
  • Overview of Personal Data Protection Act
  • Overview of Foreign Account Tax Compliance Act (FATCA)
  • Ethics governing conduct of Insurers and Intermediaries
  • Conduct of Employees – Ethics, Assessment, and Training



Early Bird (Member)

Single: RM880 | USD205

Register before 27 March 2023

Early Bird (Non-Member)

Single: RM980 | USD230

Normal Fee (Member)

Single: RM980 | USD230

Group of 3: RM830 | USD195

Normal Fee (Non-Member)

Single: RM1,080 | USD250

Group of 3: RM930 | USD218

* Fees inclusive of 8% SST (Malaysia Sales and Service Tax)

Additional Information

About the trainer:

Mr Wong Eng Yew graduated from Universiti Malaysa (UM) with a Bachelor of Business Administration and has more than 30 years of experience in insurance. His experiences include Risk Management, Liability and Compliance.

Mr Wong is also an examiner and part-time lecturer at The Malaysian Insurance Institute (MII) for Certificate and Associate subjects since 2008. He lectures on subjects related to Insurance Law, Risk Management, Liability, Claims Practice, and Claims Management.