PADP 2024 - Quiz

What is the purpose of the establishment of the PADP?

i) to manage conflict of interest fairly.
ii) to organize and control its internal affairs responsibly and effectively.

iii) establishes minimum standard of conduct on personal account activity for employees of the Company, his or her family members and the Directors of the Company (collectively referred as “Members”).

• i and ii only

• ii and iii only

• iii only

• All of the above

Are employees of the Company allowed to trade in securities of clients of the Company?

• Yes

• No

Who is subjected to comply with the PADP

• Employees of the Company only

• Employees, Director of the Company and its family members

• Shareholder(s) of the Company only

• Employees and the Director of the company only

How often are employees required to disclose their personal account dealings to the Company's Compliance Officer within a calendar year?

• 2 times per year

• 3 times per year

• 4 times per year

• 12 times per year

For the purpose of this Personal Account Dealing Policy, the term “securities” refers to ...?

i.) securities lending and borrowing
ii.) treasury bills, loans, short term securities and other obligations issued by the Government of Malaysia or any other Government

iii.) Real estate properties

iv.) units or unit trusts managed in Malaysia

• i, ii, and iii only

• ii,iii and iv only

• i,ii and iv only

• All of the above

In this policy, the term "family member" includes:

i) Adopted Child

ii) Stepchild

iii) Spouse
iv) Niece and Nephew

• ii only

• iii only

• i, ii and iii only

• All of the above

What is 'Insider Trading' as per the policy?

• Trading based on public information

• Speculative trading

• Trading while having material non-public information

• Frequent trading

What must be included in the disclosures?

• Personal opinions

• Securities transaction details

• Future investment plans

• Other employment details

According to the policy, what does 'Dealing' involve?

• Casual discussions about securities

• Making predictions about market trends

• Any agreement for acquiring, disposing, subscribing for, or underwriting a security

• Analyzing past market performance

Why is it important for employees to refrain from trading in securities related to the Company’s clients?

• To  protect the employee’s personal investment

• To encourage employees to focus on their work

• To avoid personal financial gain

• To prevent conflicts of interest, ensure fair market practices and maintain the integrity of the financial market