PRS Application Kit

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1) Submission for Registration as PRS Provider

The applicant is required to submit the following duly completed documents:

NO DOCUMENTS REQUIRED DOWNLOAD
1) Cover letter signed by an Authorised Representative (“AR”) specifying the registration that is being sought. If the AR appointed for the registration as PRS Provider is not the same as AR appointed for the registration as Member, the cover letter shall be signed by an authorised signatory specifying the registration that is being sought and the appointment of AR
2) Printed online application Click here
3) Board of Directors’ Resolution approving the appointment of the AR Sample
4) Latest Form 8 Or 9, Form 13, Form 24 and Form 49 certified true copy by the Company Secretary
5) Certified True Copy of relevant CMSL and approval that verify the eligibility of the applicant
6) Declaration signed by a director of the applicant PRS 003
7) Proposal for the marketing and distribution of PRS (for non existing Member) Template (PRS)
8) Payment of application and annual fees PRS Fees Table 1
9) Such other information and/or documents as requested by FIMM
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2) Submission of Application for Registration as Institutional PRS Adviser (“IPRA”) / Corporate PRS Adviser (“CPRA”)

The applicant is required to submit the following duly completed documents:

NO DOCUMENTS REQUIRED DOWNLOAD
1) Cover letter signed by the Authorised Representative (“AR”) specifying the registration that is being sought. If the AR appointed for the registration as IPRA / CPRA is not the same as the AR appointed for the registration as UTMC / PRS Provider / IUTA / CUTA, the cover letter shall be signed by an authorised signatory specifying the registration that is being sought and the appointment of AR
2) Printed online application Click here
3) Board of Directors’ Resolution approving the appointment of the AR Sample
4) Latest Form 8 Or 9, Form 13, Form 24 and Form 49 certified true copy by the Company Secretary
5) Certified true copy of relevant CMSL and approval that verify the eligibility of the applicant (if applicable)
6) Declaration signed by a director of the applicant PRS 003
7) A copy of unexpired license (e.g banking lisence issued by Ministry of Finance) which has been certified true copy by the company secretary, advocate & solicitor or notary public (if applicable)
8) Proposal for the marketing and distribution of PRS Template (PRS)
9) A copy of the company’s profile and organisational structure depicting related, subsidiary, associate and holding companies with percentage of shareholding in each category (for CPRA only)
10) A copy of company’s latest audited accounts of draft / management accounts (cor CPRA only)
11) A copy of the applicant’s professional indemnity insurance (for CPRA only)
12) Payment of application and annual fees PRS Fees Table 1
13) Such other information and/or documents as requested by FIMM
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3) Submission for Continuous Registration of PRS Provider / Institutional PRS Adviser (“IPRA”) / Corporate PRS Adviser (“CPRA”)

The applicant is required to submit the following duly completed documents:

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1) Confirmation of AUM as at 31 December of the year (for PRS Provider) PRS 004 (1)
2) A copy of System NAV Report as at 31 December of the year (for PRS Provider) PRS 004 (2)
3) Confirmation of Total Gross Sales for the year ended 31 December (for IPRA) PRS 005 (1)
4) A copy of System Total Gross Sales Report for the year ended 31 December (for IPRA) PRS 005 (2)
5) Such other information and/or documents as requested by the FIMM
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4)(i) Submission of Notification for Commencement of Operations
(ii) Submission of Notification for Marketing and Distribution of Private Retirement Scheme (“PRS”)

The applicant is required to submit the following duly completed documents:

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1) Cover Letter duly signed by Authorised Representative
2) Form – Notification on Marketing and Distribution of Private Retirement Scheme Form PRS 006
3) A certified true copy of the relevant pages of the valid distribution arrangement
4) A certified true copy of an appointment letter / supplemental for subsequent arrangement list of PRS for distribution (if applicable)
5) A copy of the consent letter from the PRS Provider to allow for sub-distribution of their PRS (if applicable)
6) Such other documents as requested by the FIMM
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5) Submission of Notification for Withdrawal or Cessation of PRS Provider / Institutional PRS Adviser (“IPRA”) / Corporate PRS Adviser (“CPRA”)

The applicant is required to submit the following duly completed documents:

NO DOCUMENTS REQUIRED DOWNLOAD
1) Cover letter duly signed by the Authorised Representative
2) Form – Notification for Withdrawal of Registration or Cessation of Operations of PRS Provider, IPRA or CPRA PRS 007
3) A copy of Form 18 from SC (for CMSL Holder only)
4) Such other documents as requested by the FIMM
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6) Submission of Notification for Merger and Acquisition by PRS Provider / Institutional PRS Adviser (“IPRA”) / Corporate PRS Adviser (“CPRA”)

The applicant is required to submit the following duly completed documents:

NO DOCUMENTS REQUIRED DOWNLOAD
1) Cover letter duly signed by the Authorised Representative
2) Form – Notification for Withdrawal of Registration or Cessation of Operations of PRS Provider, IPRA or CPRA PRS 007
3) A copy of the order made by the High Court for transfer of assets
4) A certified true copy of Form 13 certified by company secretary
5) A copy of Form 18 from SC (for CMSL Holder only)
6) Such other documents as requested by the FIMM
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7) Submission of Application for PRS Examination

The applicant is required to submit the following duly completed documents:

NO DOCUMENTS REQUIRED DOWNLOAD
1) Cover Letter CL P001
2) List of Candidates
3) Application Form for Registration of Private Retirement Scheme Consultant (“PRS Consultant’) P001
4) One (1) copy of Identity Card (front and back) or passport
5) Two (2) Malaysia passport-sized colour photographs (name written at the back of the photographs) Sample
6) A duly executed Statutory Declaration SD 001
7) A certified true copy of the relevant certificate and qualification
8) A certified true copy of the relevant Capital Market Services Representative License (“CMSRL”)(if applicable)
9) A certified true copy of the result slip that indicates the candidate has passed Module 1of CFP or IFP or RFP or Shariah RFP (applicable to FIMM Apprenticeship Program for CUTA only) (w.e.f. 1/1/2017)
10) Evidence of document as a proof of memberships with the relevant bodies
11) Fees PRS Fees Table 2
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8) Submission of application for Registration of Former PRS Consultant / Variation of Registration of PRS Consultant

The applicant is required to submit the following duly completed documents:

NO DOCUMENTS REQUIRED DOWNLOAD
1) Cover Letter CL P002
2) List of PRS Consultants
3) Application Form for Registration of Private Retirement Scheme Consultant (“PRS Consultant’) P001
4) One (1) Malaysia passport-sized colour photograph (name written at the back of the photograph) Sample
5) A duly executed Statutory Declaration SD 001
6) Letter of release from previous PRS Distributor (if applicable)
7) A certified true copy of the relevant Capital Market Services Representative License (“CMSRL”) (if applicable)
8) A letter of Undertaking for merger exercise (if applicable) CL P003
9 A certified true copy of the result slip that indicates the candidate has passed Module 1of CFP or IFP or RFP or Shariah RFP (applicable to FIMM Apprenticeship Program for CUTA only) (w.e.f. 1/1/2017)
10 Evidence of document as a proof of memberships with the relevant bodies
11) Fees PRS Fees Table 2

*Not require to submit to FIMM

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9) Submission of application for Exemption of PRS Examination – Chief Executive of a PRS Provider, IPRA or CPRA

The applicant is required to submit the following duly completed documents:

NO DOCUMENTS REQUIRED DOWNLOAD
1) Cover Letter CL P004
2) Application Form for Registration of Private Retirement Scheme Consultant (“PRS Consultant’) P001
3) One (1) copy of Identity Card (front and back) or passport
4) Two (2) Malaysia passport-sized colour photographs (name written at the back of the photographs) Sample
5) A duly executed Statutory Declaration SD 001
6) Evidence of approval by the Securities Commission / relevant authority for the appointment of Chief Executive of a PRS Provider, IPRA or CPRA
7) A certified true copy of the result slip that indicates the candidate has passed Module 1of CFP or IFP or RFP or Shariah RFP (applicable to FIMM Apprenticeship Program for CUTA only) (w.e.f. 1/1/2017)
8) Evidence of document as a proof of memberships with the relevant bodies
9) Fees PRS Fees Table 2
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10) Submission of application for Exemption of PRS Examination – Director of a PRS Provider, IPRA or CPRA who has a minium of 10 years experience in unit trust or private retirement schemes or fund management industry

The applicant is required to submit the following duly completed documents:

NO DOCUMENTS REQUIRED DOWNLOAD
1) Cover Letter CL P004
2) Application Form for Registration of Private Retirement Scheme Consultant (“PRS Consultant’) P001
3) One (1) copy of Identity Card (front and back) or passport
4) Two (2) Malaysia passport-sized colour photographs (name written at the back of the photographs) Sample
5) A duly executed Statutory Declaration SD 001
6) Evidence of approval by the Securities Commission / relevant authority for the appointment of Chief Executive of a PRS Provider, IPRA or CPRA
7) Resume or Curriculum Vitae with details describing the Director’s scope of work and specific job description
8) A certified true copy of the result slip that indicates the candidate has passed Module 1of CFP or IFP or RFP or Shariah RFP (applicable to FIMM Apprenticeship Program for CUTA only) (w.e.f. 1/1/2017)
9) Evidence of document as a proof of memberships with the relevant bodies
10) Fees PRS Fees Table 2
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11) Submission of application for Exemption of PRS Examination – Fund Manager who holds a Capital Market Services representative License (“CMSRL”) to carry out the regulated activity of fund management as defined in the Capital Markets and Services Act 2007 (“CMSA”)

The applicant is required to submit the following duly completed documents:

NO DOCUMENTS REQUIRED DOWNLOAD
1) Cover Letter CL P004
2) Application Form for Registration of Private Retirement Scheme Consultant (“PRS Consultant’) P001
3) One (1) copy of Identity Card (front and back) or passport
4) Two (2) Malaysia passport-sized colour photographs (name written at the back of the photographs) Sample
5) A duly executed Statutory Declaration SD 001
6) A certified true copy of Capital Market Services Representative License (“CMSRL”) for fund management
7) Fees PRS Fees Table 2
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12) Submission of application for Exemption of PRS Examination – an individual who fulfils any of the following qualifications:
(a) Certified Financial Planner (CFP) / Islamic Financial Planner (IFP)
(b) Registered Financial Planner (RFP) / Shariah Registered Financial Planner (Shariah RFP)
(c) Chartered Financial Consultant (ChFC)
(d) Relevant modules of CFP, IFP, RFP or Shariah RFP

The applicant is required to submit the following duly completed documents:

NO DOCUMENTS REQUIRED DOWNLOAD
1) Cover Letter CL P004
2) Application Form for Registration of Private Retirement Scheme Consultant (“PRS Consultant’) P001
3) One (1) copy of Identity Card (front and back) or passport
4) Two (2) Malaysia passport-sized colour photographs (name written at the back of the photographs) Sample
5) A duly executed Statutory Declaration SD 001
6) A certified true copy of the relevant certificate for certified holders of CFP/IFP/RFP/Shariah RFP/ChFC (if applicable)
7) Evidence of result slip that indicates the candidates has passed:
a) Module 1, 4 & 5 (before 30/3/2015) or Module 1 & 3 (effective from 30/3/2015) of CFP
b) Module 1, 3 & 5 (before 6/08/2015) or Module 1 & 3 (effective from 6/08/2015) of IFP
c) Module 1, 3 & 6 of RFP
d) Module 1, 3 & 6 of Shariah RFP
8) Evidence of document as a proof of memberships with the relevant bodies
9) Certified true copy of the certificate of proficiency in financial planning issued by the MFPC
10) Fees PRS Fees Table 2
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13) Submission of of Application for Renewal of Registration of PRS Consultant

The applicant is required to submit the following duly completed documents:

NO DOCUMENTS REQUIRED DOWNLOAD
1) Cover Letter CL P007
2) List of PRS Consultants LIST 001
3) A duly executed Statutory Declaration For Renewal of Registration -on a biennially basis* SD 002

*Not require to submit to FIMM.

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14) Submission of Application for Replacement of FIMM Authorisation Card or PRS Examination Certificate

The applicant is required to submit the following duly completed documents:

NO DOCUMENTS REQUIRED DOWNLOAD
1) Cover Letter CL P005
2) One (1) Malaysia passport-sized colour photograph (for replacement of FIMM Authorisation Card only)
3) Fees PRS Fees Table 2
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15) Submission of Notification for Resignation/Termination of PRS Consultant

The applicant is required to submit the following duly completed documents:

NO DOCUMENTS REQUIRED DOWNLOAD
1) Cover Letter CL P006
2) List of PRS Consultants


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Updated on 22/07/2016