NO TOPIC SIDC-CPE APPROVED

SPEAKER

PRICE

(RM)

DATE

1.

Structured Product in Asian and Emerging Market – Products Pricing

Risks Hedging : Issues and Challenges

10 CPE POINTS

Chrisanne Chin

1,000 29 October

2. Understanding and Interpreting

Financial Statement 10 CPE POINTS David Meow 1,000 21 November

3. Accounting and Finance for Non Finance Managers and Executive

10 CPE POINTS Kenny Tay 1,500 26-27 November

4. AMLATFA Workshop: Risk Analysis,

Mitigation and Due Diligence (Advanced Level)

10 CPE POINTS Vijayaraj Kanniah 1,000 2 December

5. Currency War 10 CPE POINTS Anthony Dass 1,000 5 December

6.

Accounting for Construction Contracts, Property Development

and Real Estate Activities and Borrowing Cost"

10 CPE POINTS Oh Ai Sim 1,000 12 December

7. Fundamentals of Global Macro

Allocation Strategies 10 CPE POINTS Wong Loke Lim 1,000 19 December

4th

quarter calendar

October, November

and december

2013

Registration and enquiries:

En. Alias Daud E-mail: aliasd@pnb.com.my Tel: 03-2171 1984 En. Asraf Abdul Rahman E-mail: asraf@pnb.com.my Tel: 03-2171 2304 Website : www.pnbi.com.my

PNB Investment Institute Sdn Berhad (267888-U) Lot 4.8.4, Level 4, PNB Darby Park, No. 10 Jalan Binjai 50450 Kuala Lumpur

PROGRAMME STRUCTURED PRODUCT IN ASIAN AND EMERGING MARKET – PRODUCTS PRICING

RISKS HEDGING : ISSUES AND CHALLENGES

Date & Venue 29 October 2013 Training Room 1, PNB Investment Institute

SIDC-CPE 10 CPE POINTS

Objective

To define investor’s and issues motivation.

To compute and utilize the structured products to increase yield.

To examine and predict the risk exposure and how to rate complex structured products.

To discover, distinguish and judge the complexity related hedging techniques

Content

All about Structured Products

Motivation and economics of structured notes

Examples of most popular structured products

Application: Principal-Protected Notes. Why are these so popular, and how are they

priced?

Broad categories: performance -enhancement versus income-enhancement instruments•

Pure-play structured products

Applications: • Exchange-traded versus OTC products

Valuation and risk management of the instruments

Equity-Linked Instruments

Background: equity derivatives

Measures of risk, including delta and gamma, applied to equity-linked structured products

Convertible bonds and warrants

Capital-protected index-linked notes -- and variants• Unprotected and protected equity

bull notes

Unprotected and protected equity bear notes• Hedge fund linked products• More:

leveraged index-driven strategies (with a cap), index outperformance strategies, and volatility arbitrage

Credit-Linked Structured Products

• Structured products linked to loan markets and companies' credit performance

• Collateralized debt obligations and credit derivatives and Credit-linked notes

Commodity-Linked Structures and More

• Fundamentals of commodity derivatives • Applications: gold-linked notes, energy-linked notes, currency plays, etc

• Investor motivations and risk aspects• Catastrophe bonds and other insurance-linked instruments Review and Conclusion

Speaker

MISS CHRISANNE CHIN

CFA, MBA

PROGRAMME UNDERSTANDING AND INTERPRETING FINANCIAL STATEMENT

Date & Venue 21 November 2013

Training Room 1, PNB Investment Institute

SIDC-CPE 10 CPE POINTS

Objective • To appreciate the importance of financial reporting and its implications

• Prepare and complete a full set of financial statements

• Financial Planning and Analysis – to fully understand the company’s vision and direction. This in turn will allow the participants to appreciate the decision making process involved

in managing scarce resources (budgeting) • To understand the impact of business strategies on the financial statements and how key

performance indicators are to be drawn

Content Session 1:

Introduction to Reporting Environment

i. Key concepts in financial reporting

ii. Types of key financial statements – balance sheet, income statement, cash flow

statement iii. The Balance Sheet

iv. The Profit & Loss Statement v. The Cash Flow Statement

Session 2:

Financial Reports

i. Statement of comprehensive income (Income Statement)

ii. Statement of financial position (Balance Sheet)

Session 3:

Cash Flow Statement

i. Cash Flow from operating activities

ii. Cash Flow from investing activities iii. Cash Flow from financing activities

Session 4:

Financial statement analysis

iv. Horizontal and vertical analysis

v. Key financial ratios vi. Linking all ratios

Speaker

MR DAVID MEOW LI HWA

MBA(UK), CFA, FRM, ACMA, CA(M), CFP

PROGRAMME ACCOUNTING AND FINANCE FOR NON FINANCE MANAGERS AND EXECUTIVE

Date & Venue 26-27 November 2013

Training Room 1, PNB Investment Institute

SIDC-CPE 10 CPE POINTS

Objective 1. Understand the accounting process and how an accountant undertakes the preparation of

financial statements

2. Understand and gain familiarity with the key terms and jargons of accounting

3. Interpret and appreciate the meaning behind the numbers in the key financial statement

through the use of ratio analysis and common size statements

4. Apply financial analysis tools to make better decision on capital budgeting and evaluating

of investment alternatives

5. Apply break-even analysis to determine and understand the relationships between cost

structure, revenue generation capability and also impact on profits

6. Develop the fundamentals necessary to begin your study of more advanced finance and

accounting materials

7. Distinguish between management accounting, financial accounting and appreciate the

importance of sound financial management within organizations.

Content The programme will be delivered through a combination of Metaphoric and Learning-by-

doing approach, where as the participants will be simulating as a businessman to go

through each financial and accounting process.

At each stage, participants will need to exercise the financial knowledge delivered and

make judgment on each decision they have to make.

Active learning activities are included to allow participants to engage actively in the

learning process. The active learning activities are:

1) Group discussion

2) Case studies

3) Question and answer

Speaker

Kenny Tay

ACCA, CFA, CFP, FCCA, CIMA, FCMA

PROGRAMME AMLATFA WORKSHOP: RISK ANALYSIS,MITIGATION AND DUE DILIGENCE

(ADVANCED LEVEL)

Date & Venue 2 December 2013 Training Room 1, PNB Investment Institute

SIDC-CPE 10 CPE POINTS

Objective

To covers the latest updates to AMLATFA in relation to banking business

including reported on-going and resolved money laundering and terrorism financing cases.

To realize current, emerging and evolving trends, typologies and red flags in the banking

sector in order to establish an effective anti-money laundering and counter terrorism

financing policies. To encourage interaction and assist the participants to connect to the subject matter, the

training session uses practical examples with an ultimate objective of strengthening

knowledge in compliance to protect the investment companies

Content

OVERVIEW OF MONEY LAUNDERING & TERRORISM FINANCING

Money laundering & terrorism financing whether has it reduced /mitigated effectively

World known money launderers and a practical inside on a local money launderer.

Evolution of money launderers & terrorist financier- where are they heading?

New generation of money launderers and the challenges in detecting evolved methods

Evolved terrorism financing and the challenges with list screening in detecting terrorist

LEGAL ASPECTS OF MUTUAL ASSISTANCE & STRATEGIC TRADE ACT IN AMLATFA

MATTERS

Implication of Mutual Assistance in Criminal Assistance In Criminal Matters Act 2002

(MACMA 2002) & Strategic Trade Act 2010 on reporting institutions.

New Recommendations from Financial Action Task Force and Mutual Evaluations by Asia

Pacific Group on Malaysia

COMPLIANCE REQUIREMENTS ON AML/CFT BY BNM & SC

- Latest amendments to BNM UPW/GP1 & SC Guidelines and its implications on reporting institutions which includes :

Conducting effective ongoing Customer Due Diligence

Circumstances where enhanced Customer Due Diligence is required & importance of CDD compliance

Customer identification & verification requirements & CDD procedures

Detection & identification of suspicious transactions & the need to

defer establishing business relationship with a new customer until CDD is completed satisfactorily.

Speaker

MR VIJAYARAJ KANNIAH

LLM, UM, BSc (Econ), CLP, CCP (IBBM), CCPi (IBFIM), CLI, CII

PROGRAMME CURRENCY WAR

Date & Venue 5 December 2013

Training Room 1, PNB Investment Institute

SIDC-CPE 10 CPE POINTS

Objective • Identify the key global economic drivers that will affect capital markets in 2013

• Analyse the impact of the key global drivers on the capital markets.

• Access and determine the results of monetary policy and possible debt crisis in the region.

• Recognize the key economic performance of G3 countries and developing Asia.

Content What is currency war? Is competitive devaluation a standard practice?

This session will focus on the concept of ‘currency war’ which is increasingly gaining attention. The

session will also focus on whether competitive devaluation is a standard practice. What causes

international devaluation?

What are the mechanisms for devaluation and international conditions for currency war?

This session will focus on the mechanism for devaluation and the international conditions for currency war. Here, the emphasis will be on the impact to the global and domestic economy,

commodities, other currencies and capital markets.

Comparison between the 1930s and 21st century currency war

This session will dwell on the currency war scenario during the 1930s and in the 21st century. The

aim is to determine the similarities and differences in the two periods of discussion. Such comparison will help one understand better on the potential risks.

Potential culprits in 2013

This session will focus on the potential culprits who are likely to trigger currency war in 2013. Should that happen what will the impact be on the Malaysian economy as well as the domestic

capital market.

Speaker

MR ANTHONY DASS

MSc (Economic & Finance), University of Brisstle, UK

B.Econ, IIUM

PROGRAMME ACCOUNTING FOR CONSTRUCTION CONTRACTS, PROPERTY DEVELOPMENT AND REAL

ESTATE ACTIVITIES AND BORROWING COSTS

Date & Venue 12 December 2013

Training Room 1, PNB Investment Institute

SIDC-CPE 10 CPE POINTS

Objective Participants will learn to apply when to use accounting for revenue under MFRS 111 –

Construction Contracts and IC Interpretation 15 Agreements for the Construction of Real Estate.

Content

Session 1: Introduction to MFRS 111 – Construction contracts

The impact of IC Int 15 on real estate activities in the absence of FRS 201

Managing the expectations of affected parties when IC Int 15 is applied

Session 2:

Objective and scope of MFRS 111

Revenue recognition under MFRS 111 and FRS 201

Determine contract costs for contractor and developer

Session 3:

Factors to consider when applying the percentage of completion

Applying MFRS 123 – borrowing costs under MFRS 111 and FRS 201

Accounting for changes in estimates

Session 4: Accounting for provision for expected losses

Inherent risk areas for contractors and property developers

Disclosure requirements

Speaker MISS OH AI SIM

CPA

Bachelor of Social Science (USM)

PROGRAMME FUNDAMENTALS OF GLOBAL MACRO ALLOCATION STRATEGIES

Date & Venue 19 December 2013

Training Room 1, PNB Investment Institute

SIDC-CPE 10 CPE POINTS

Objective To provide an in depth explanation for “tail risk” in capital markets and to provide

quantitative method for determining the level of macro or systematic risk in the financial

environment.

To provide a framework for revealing underlying correlations between major asset classes.

To identify valuable clues as to whether the financial economy either support taking on

more risk and higher beta assets, or point to risk avoidance, defensive positioning and

possibly shorting beta as a more suitable strategy.

Content Session 1:

“Macro” Style Investing

Definitions and description

Contrast with other investment styles Relevance of macro vs micro

Current popularity of Macro Hedge Funds

Session 2:

Major Macro Market Influences Geo-political events

Activities of supra-national bodies Monetary Policies of US, EU and Chine – QE, Capital Controls

Protectionism, monetary policy and fixed exchange rates Increasing role of emerging economies

Session 3: Fundamental analysis, economic “narratives: and quantitative techniques

Fundamental bottom up analysis based on “micro” factors vs top down “macro” asset allocation

models.

Examination of key correlations between sectors/ geographical regions Are traditional notions of portfolio diversification dead?

Trading VS Investment - long term / short term strategies

Speaker

MR WONG LOKE LIM

CFA, ACCA, CFP, CFA,MBA

Quarter 4 - 2013 PROGRAMME REGISTRATION FORM

PROGRAMME DETAILS

Please tick ()

Programme Date Course Fee

(RM) No of

participant

Structured Product in Asian and Emerging Market – Products

Pricing Risks Hedging : Issues and Challenges 29 October 1000

Understanding and Interpreting Financial Statement 21 November 1000

Accounting and Finance for Non Finance Managers and

Executive 26-27 November 1500

AMLATFA Workshop: Risk Analysis, Mitigation and Due

Diligence (Advanced Level) 2 December

1000

Currency War 5 December 1000

Accounting for Construction Contracts, Property Development

and Real Estate Activities and Borrowing Cost" 12 December 1000

Fundamentals of Global Macro Allocation Strategies 19 December 1000

PARTICIPANT DETAILS

NAME (MR/MRS/MS)

NRIC NO.

POSITION

SIDC CMSRL LICENSE NO. (IF ANY)

1.

2.

3.

4.

5.

6.

7.

8.

9.

10.

COMPANY DETAILS

COMPANY: CONTACT PERSON:

MAILING ADDRESS: POSITION: POSTCODE:

COUNTRY: EMAIL:

TELEPHONE: FAX:

PAYMENT DETAILS

LETTER OF UNDERTAKING Enclosed is a Letter of Undertaking (LOU) from our company for the payment of RM …………….…....for the registration of …….. pax

CHEQUE/ DRAFT Enclosed is the crossed cheque / bank draft (No: ………………………) of RM (……………..……….) for the registration of …….. pax , payable to “PNB Investment Institute Sdn Berhad”

FINANCE / HUMAN RESOURCES/TRAINING DEPARMENT APPROVAL

NAME : COMPANY STAMP:

SIGNATURE:

*SIDC CPE – Security Industry Development Centre Continuing Professional Education. *Group discount of RM100 per participant is available for 3 or more registrations. * Payment is due before the course commences. No refunds will be given on cancellation of registrations. Substitutes are acceptable.

Please send cheque/ letter of undertaking to: PNB INVESTMENT INSTITUTE SDN BERHAD

LOT 4.8.4 LEVEL 4, PNB DARBY PARK COMMERCIAL CENTRE NO 10 JALAN BINJAI, 50450 KUALA LUMPUR

Tel: 603 2171 1984 Fax No: 603 2166 3406

For registration, kindly contact Muhamad Masri D/L: 603 2166 4940 (email: mmasri@pnb.com.my)

PNB INVESTMENT INSTITUTE SDN BHD

LOT 4.8.4, LEVEL 4

PNB DARBY PARK COMMERCIAL CENTRE

NO. 10 JALAN BINJAI

50450 KUALA LUMPUR

03-2166 4940 / Muhamad Masri

03 - 2171 1984 / Alias Daud

03-2171 2304 / Asraf Abdul Rahman

03-2166 3406

Registration : mmasri@pnb.com.my

Marketing : aliasd@pnb.com.my

Marketing : asraf@pnb.com.my

www.pnbi.com.my

(registration)

(marketing)

(marketing)

PNB INVESTMENT INSTITUTE SDN BERHAD (PNBi)

PNB Investment Institute Sdn. Berhad (PNBi) was established on 19 November 1998, as a wholly-owned

subsidiary of PNB.

PNBi aims to raise the standards of competencies in finance and investment for Malaysia’s capital market

professionals, to one that is comparable to world class standards. PNBi intends to achieve this goal

through its internationally designed certifications and training programmes which are delivered by

experienced industry practitioners and professionals.

PNBi can help you refresh and broaden your capital market industry knowledge, business finance and

investment knowledge and stay competitive in this ever-changing marketplace.

To be a leading institution in providing sought after quality

education centre for finance and investment

To provide our clients with superior services in achieving their objectives through innovative, contemporary and

practical solution-education and offering a comprehensive range of and investment; risk related training courses