117 How We Are Governed Financial Statements Shareholders’ Information Additional Information • Annual Regulatory Seminar 2021 The 6th Annual Regulatory Seminar 2021 (“ARS”) was conducted during the same period of the 5th FAW and adopted the same theme. There were a total nine (9) e-learning sessions for the 6th ARS and the subject matters generally provided outlooks and developments in relation to fraud, ethics, compliance, cyber security as well as the regulators’ expectations as the COVID-19 pandemic continues. The e-learning sessions were pre-recorded and conducted by subject-matter experts within Kenanga Group and an invited speaker. The sessions were made accessible to by all employees of Kenanga Group nationwide through the Group’s Learning Management System (“LMS”) and employees who are a holder of the Capital Markets Services Representative’s Licence (“CMSRL”) were accredited 10-CPE point by the SC upon completion of all sessions. The LMS recorded views from about 1,000 employees to all the 6th ARS sessions. • Annual E-Tests The annual e-tests were conducted in 2021 as part of the assessment on awareness and understanding of Kenanga Group’s employees on ethics and integrity, and AML/CFT/TFS. There were two (2) sets of e-tests questions issued on each of the subject matters. E-Test Module Category E-Test 1 E-Test 2 Ethics and Integrity 80% and Above 98.8% 98.6% Below 80% 1.2% 1.4% AML/CFT 80% and Above 96.8% 97.8% Below 80% 3.2% 2.2% Generally, the results were commendable where more than 95% of the employees who had completed the e-tests achieved the score of 80% and above. This signals a positive outcome of the ongoing awareness and understanding programs which GRCS had organised for all employees. • Regulatory Handbook for Employees and Agents/Representatives In attaining high ethical standards and maintaining a strong governance culture, built upon corporate consciousness, Kenanga Group has revised the Regulatory Handbook to meet such objectives. The revised edition of the Regulatory Handbook has extended the scope to also include all agents/representatives of the Group, besides its employees. The Do’s and Don’ts etiquette in the Regulatory Handbook provides concise and easy to understand references for all employees and agents/representatives in carrying out their daily work while promoting orderly and transparent business conduct. • Enhanced AML/CFT/TFS Review Continuous enhancement of processes and monitoring standards have been carried out to be in line with industry standards to be able to better respond to potential money laundering and terrorism financing threats. In this respect, various AML/CFT/TFS reviews have been introduced and executed to closely monitor the level of adherence of AML/CFT/TFS requirements in line with the expectations of Bank Negara Malaysia and the SC. MAINTAINING HIGH LEVEL OF CORPORATE GOVERNANCE Details on Kenanga Investment Bank Berhad’s corporate governance disclosure are available in the Corporate Governance Overview Statement appearing on pages 78 to 107 of this Annual Report and Corporate Governance Report which is available at KIBB’s website at www.kenanga.com.my.
RkJQdWJsaXNoZXIy NDgzMzc=