MAP Frequently Asked Questions (FAQ)
The Mandatory Accreditation Programme (MAP) is created to formally onboard first-time directors of companies listed on Bursa Malaysia and directors of companies seeking listing on the Exchange. The programme consists of globally-benchmarked competency development modules that are designed to equip you with critical director knowledge and skills required to lead effectively in a highly transparent, accountable and exemplary manner.The programme has been thoughtfully designed to help directors understand the essential principles of good corporate governance, their fiduciary duties, as well as develop proficiency in emerging areas such as sustainability, stakeholder capitalism, and reputation and crisis management. Amongst the key elements of the MAP modules is the sharing of practical experiences and best practices from a local and regional context by our highly experienced programme facilitators.
A Director must complete the MAP within the timeframes set out in the table below:
No. | Director | Timeframe to Complete MAP |
---|---|---|
i. | A Director who is appointed for the first time as a director of a listed issuer | The Director must complete MAP Part I within 4 months from the date of appointment |
ii. | A Director of an applicant | The Director must complete MAP Part I prior to the date of admission of the applicant |
The MAP is also open to directors of non-listed subsidiaries of public listed companies. It can also serve as a refresher course for experienced directors seeking to boost their existing competencies. However, priority will be given to those who are required to complete the programme under Bursa Malaysia’s Listing Requirements.
Refer to this link to register and find out more about the programme.
ICDM will be reviewing the registration within 5 working days upon receiving them. Confirmation of registration email will be sent to all confirmed participants after this period with a further housekeeping email (including the login details) latest 2 working days prior to the programme date. ICDM will also be communicating to those under the waiting list and unsuccessful registrants.
ICDM will be conducting a minimum of 10 sessions per year. Refer to the MAP programme page for more details on the date options available.
We will not organise any bespoke sessions for now, as this is a mandatory programme. Therefore, participation will need to be in the main sessions as per the schedule listed in the official calendar. However, we do have other sustainability and ESG programmes that can be customised for your board.
This programme is not directly accredited by any professional body or regulator. However, based on the awarded ICDM CPD points, participants may write to the Securities Commission (SC) or their respective professional body to request acceptance towards their CPE/CPD requirements.
CPD POINTS & CERTIFICATE OF PARTICIPATION
- CPD Points and Certificate of Participation will be issued once you have met the requirements stated below.
- Complete 100% of the duration of the programme
- Submit the evaluation form at the end of the programme
- E-Certificate of Participation will be sent via email.
- CPD Points for ICDM Members will be updated on the ICDM Portal
A cancellation notice from a participant must be made in writing. The following cancellation charges apply:
- Where a cancellation notice is provided less than twenty (20) working days before the programme date: 50% of the programme fee will be charged.
- Where a cancellation notice is provided less than ten (10) working days before the programme date: 100% of the programme fee will be charged.
- We advise participants to confirm the dates they wish to attend before submitting their registration.
Any changes to the requested session dates that are made after 14 days from the date of registration will be subject to an administrative fee of RM250 (excluding SST) per participant. - Changes to the requested session dates within 14 days before the programme will not be permitted, as this may disrupt the administrative process in respect to the session allocation. Unless in emergency situations such as poor health conditions, death, official government meetings and other related circumstances (subject to review and approval), participants are advised to keep to the registered dates.
RM 2,750 per participant (excluding SST), applicable for both in-person or virtual intakes.
We currently do not offer any discounts for ICDM members.
There is no discount for group registration of parent companies and their subsidiaries.
We don't currently offer a special package for MAP and LIP.
This programme is not HRD Corp Claimable.
Participants are required to attend all sessions based on the selected session format duration. The Certificate of Participation will not be issued for those with incomplete attendance.
Participants will need to register and attend the sessions they have missed, in order for the certificate to be issued. Programme fees apply, and enrolment will be subject to availability.
Participants who are not able to complete the full duration of the programme due to unavoidable circumstances will be required to provide supporting evidence/justification to ICDM for consideration. Deferment will be subject to the acceptance by ICDM and the participant will need to apply to replace the missed sessions within 3 months from the actual programme date. Deferment fee will apply.
- Registration(s) is confirmed when full payment is made and when ICDM sends you the confirmation as specified in paragraph 3 below. ICDM reserves the right to refuse admission if registration is not confirmed.
- Full payment must be made no later than 14 days prior to the programme date through:
a) Online payment transfer, cash deposit, or cheque deposit.- Payment can be made using the following information:
- Account Name: Institute of Corporate Directors Malaysia
- Bank Name: Maybank Islamic Berhad
- Bank Branch: Bukit Damansara
- Account Number: 564324609320
- Swift Code: MBISMYKL
- Payment can also be made using ICDM’s Registration System Payment (available on ICDM’s Registration portal) via Local Online Banking/ FPX, E-Wallet, or Credit Card.
- Onsite Credit card payment facilities at ICDM’s office.
- Payment can be made using the following information:
- Payment must be made at least 14 days prior to the date of the programme unless otherwise agreed with ICDM. Proof of payment should be emailed to ICDM at map@icdm.com.my and finance@icdm.com.my to confirm your slot for a programme. Your slot is confirmed only by receiving a confirmation email from ICDM.
Replacement of a participant (subject to meeting the registration criteria of the programme) is acceptable to avoid incurring cancellation fees and subject to meeting the programme’s requirements. Notification of replacement and the details of replacement must be sent to ICDM before the programme date and settlement of the programme fees must be made in accordance to the payment terms.
Upon registering for the Bursa Malaysia Mandatory Accreditation Programme (MAP). Please allow 5 working days for us to process your registration. Please also note that we will be reviewing the participants’ registrations based on the requirement by Bursa Malaysia and will send an email to update your status of programme registration within the above-mentioned timeline.
An official invoice will be sent separately to your email once we have confirmed your seat.
Meanwhile, if you have any further inquiries, please email us at map@icdm.com.my.