FAQs (For Consultants)

No. You can register as a UTS/PRS Consultant once you have been released from your bankruptcy status.

You will know whether you have passed or failed the examination immediately after the end of the exam session. For your records, we recommend that you request for a printout of your result from the examination centre.

No. Once your examination session/date is confirmed, no changes can be made. The examination fee will NOT be refunded. If you missed your examination session and wish to sit for the next session, you will have to register for the next examination session and pay the required fee.

You can check with your Distributor on the details of your exam session.

There are three options: Bahasa Malaysia, English, and Chinese.

All individuals registered with FIMM as a Unit Trust Consultant and/or Private Retirement Scheme Consultant.

New registration

Individual who has never been registered as Consultant before and has passed CUTE/CPRE and meeting the eligibility requirements set forth as per FIMM Consolidated Rules (FCR)

OR

Individual who has been registered as Consultant before but has withdrawal his registration for more than 3 years from the date of withdrawal of his registration. He/she must re-sit and pass the CUTE and/or PRS examination and meet the eligibility requirements set forth as per FIMM Consolidated Rules (FCR).

Re-registration

A former Consultant who applies for registration within 3 years from the date of withdrawal of his registration. He/she must obtain a minimum of 16 CPD points in current year or/and previous year before an application for re-registration will be considered by FIMM.

If more than 3 years, he/she must re-sit and pass the CUTE and/or PRS examination.

Renewal of registration

An active Consultant who is registered with FIMM is required to renew their registration on yearly basis by 31 December. Consultant must obtain a minimum of 16 CPD points in a year before an application for renewal of his registration will be considered by FIMM.

A Consultant must obtain a minimum of 16 CPD points in a calendar year before an application for renewal of his registration will be considered by FIMM. Here are some scenarios that you can refer to:

A Consultant may acquire CPD points by participating in one or more of the following activities:

• Ethics and professional conduct;
• Regulations and guidelines, capital market products and operations, economics; and
• Sales and marketing, advisory skills and personal development skills.

Programmes conducted by a Principal may be by way of classroom-based or e-learning.

Yes. Based on FIMM Consolidated Rules, a Principal must:

1. maintain a register of CPD points acquired by its Consultants;
2. verify acquisition of CPD points by Consultants;
3. ensure its Consultants obtain the minimum CPD points before forwarding any application for registration or renewal of registration of its Consultants;
4. submit to FIMM relevant documents such as application by Consultants on matters in Rule 7.5.1 to FIMM;
5. maintain proper records in relation to CPD points; and
6. produce to FIMM the relevant documentary evidence to support the Consultants attendance and completion of the CPD Programme activities.

A Consultant must submit an application through its Principal to seek FIMM’s approval to obtain CPD points for the following activities:

A Consultant must submit an application through its Principal to seek FIMM’s approval to obtain CPD points for the following activities:

1. Write and publish:
1. a book on focus areas*; and
2. articles on focus areas* in business or financial publications recognised by FIMM;
2. Teach or speak in courses approved by FIMM; and
3. Obtain any academic or professional qualifications or pass relevant training modules recognised by FIMM.

A Consultant shall only be given CPD points upon obtaining FIMM’s approval.

* Focus areas refers to:

• Ethics and professional conduct;
• Regulations and guidelines, capital market products and operations, economics; and
• Sales and marketing, advisory skills and personal development skills.

A Consultant may apply for a waiver from CPD requirements under the following circumstances:

• Where he has a prolonged critical illness or disability that falls within the definition of critical illness defined by LIAM; and
• Any other reason as may be determined by FIMM.

Any waiver granted by FIMM is subject to such terms and conditions as may be specified by FIMM.

You can refer to FIMM Consolidated Rules (FCR): Chapter 7 – CPD programme available at FIMM’s website (www.fimm.com.my).

A copy of FCR is available at https://www.fimm.com.my/index.php/regulations/fimm-consolidated-rules/

FIMM CPD Tracker System is an online system which facilitates the registration and approval of FIMM CPD programs. It also allows FIMM members and distributors to upload/update CPD Points collected by Consultants.

Yes, the CPE points awarded by the Securities Industry Development Corporation (SIDC) can be converted into CPD points. The conversion rate is as follows:

5 CPE points = 4 CPD points
10 CPE points = 8 CPD points

You can check your CPD points at https://www.fimm.com.my/search/.

You will need to notify the training provider of any missing training information in the CPD Tracker System. Should the issue persist, you may lodge a report to FIMM CPD Secretariat at cpdsecretariat@fimm.com.my.

Yes, but only if you are a NEW Consultant. If you are changing from one Distributor to another, your CPD points requirement will not be pro-rated.

Your CPD points will be calculated on a pro-rata basis as follows:

Yes, but only if the training provider is a FIMM approved CPD Training Provider.

You should choose a Distributor whose UTS/PRS products you want to distribute. Approach your chosen Distributor and they will help you with the re-registration process.

Yes, your registration can be transferred to another Distributor. To do so, you will need to resign from your current Distributor and then re-register with a new Distributor.

There may be some pre-requisite CPD requirement when transferring to another Distributor. Please refer to the table below:

No, the SD Form submitted to FIMM must not be more than 12 months from the date of attestation by the Commissioner for Oaths. SD Forms are only required to be submitted once every two years upon renewal of registration.

You can update your address and change any of your personal details through your Distributor.

Four (4) CPD points are available to Consultants who read FIMM e-Zine and
answer all five (5) questions in the questionnaire correctly.

Consultants must answer all five (5) questions correctly to be eligible to obtain the
four (4) CPD points for reading FIMM e-Zine.

Consultants can access the five (5) questions by clicking on the “claim your CPD
points” icon at the contents page and the last page of FIMM e-Zine.

Consultant must answer all five (5) questions correctly to be eligible for the four (4)
CPD points.

Yes, Consultants can answer all the questions again and re-submit the
questionnaire form.

If a Consultant got one answer wrong, he/she will not receive any CPD points. Still,
if a Consultant had indeed read FIMM e-Zine, he/she should be able to answer the
questions correctly

Regardless of how many submissions were made, FIMM will only consider the
submission with all five (5) correct answers.

FIMM e-Zine is not only about FIMMAC 2019. There are other topics covered with
the aim of providing more information, knowledge and skill to all readers. If the
Consultant did indeed read FIMM e-Zine, he/she should be able to answer all five
(5) questions correctly.

The feedback questions are not a requirement to obtain the four (4) CPD points,
but they are required to be answered in order to submit the questionnaire form.

No, Consultants will not be notified. Nonetheless, Consultants can check their CPD
points at FIMM’s website in the “Is My Consultant Authorised?” page. FIMM will
update this record on weekly basis.

No, FIMM will not notify. However, Consultants can check their CPD points at
FIMM’s website in the “Is My Consultant Authorised?” page.

Consultant can check their CPD points at FIMM’s website in the “Is My Consultant
Authorised?” page.

FIMM will update the CPD records on weekly basis. Consultants can check their
CPD points at FIMM’s website in the “Is My Consultant Authorised?” page.

Please provide the NRIC without dash.

Please provide the FIMM number with dash.

Yes, the Consultant still receive the four (4) CPD points as long as his/her NRIC
number is correct. However, the Consultant will still be required to key in his/her
correct information (including FIMM number) in the questionnaire form for our
records.

No. Consultants are required to key in the correct NRIC number in order to get the
CPD points. If the wrong NRIC number is keyed in, FIMM’s CPD Tracker System
will reject the incorrect NRIC number and the Consultant will not be able to obtain
the four (4) CPD points. This is the same practice as the other programs submitted
through FIMM’s CPD Tracker System.

Yes, Consultants can use the old FIMM number if they haven’t received their new
FIMM authorisation card as long as NRIC number is correct. However, the
Consultant must ensure the information is correct to avoid any issues.

Principals can check on the FIMM CPD Tracker System.

Yes. The principal may request, via email, to the Professional Development
Services Department (PDS) to get the list of their Consultants who have obtained
the four (4) CPD points for reading FIMM e-Zine.