The requirements are:
A) You must go to the FP/FA firm who holds a Bank Negara’s FA license
B) Age – FA representative must be at least 21 years old.
C) Resident – FA representative must be a resident in Malaysia.
D) Qualifications – The applicant must possess:-
- a Registered Financial Planner (RFP) qualification as conferred by the Malaysian Financial Planning Council (MFPC) – Module 1, 2, 3;
- a Certified Financial Planner (CFP) qualification as conferred by the Financial Planning Association of Malaysia (FPAM) – Module 1, 2, 3;
- a Chartered Financial Consultant (ChFC) qualification; or
- other professional qualifications as specified by the Bank from time to time.
E) Commitment – The FA’s representative shall be engaged by a FA on a full-time basis.