Qualification Program for Accredited Managing Directors

Qualification Program for Accredited Managing Directors is one of the most prominent accredited professional programs aimed at enhancing the efficiency of executive leadership in securities companies and financial markets, in accordance with the requirements of the Financial Regulatory Authority. This program comes within the framework of the Authority’s vision aimed at building high-level professional capacities and enhancing the skills of employees to ensure adherence to the highest standards of sound professional conduct, governance, and transparency in the Egyptian capital market. The qualifying program for seconded members has been designed to meet the licensing requirements for seconded members in securities companies, with the aim of developing their practical and scientific knowledge and skills.

The main objectives of Qualification Program for Accredited Managing Directors

• Providing the appointed members with the necessary knowledge of the responsibilities, tasks, and obligations specific to broking firms.
  ● Focusing on understanding the rules of listing, disclosure, corporate governance, and financial solvency regulations.
  ● Familiarizing oneself with order management and trading systems on the Egyptian Stock Exchange.
  ● Understanding the rules prohibiting price manipulation and acquisition offers.
  ● Introducing participants to work standards and adherence to the professional code of conduct and ethics.
  ● Providing an introduction to combating money laundering and terrorist financing in broking firms.
  ● Understanding the promotion and underwriting coverage in securities.
  ● Understanding investor relations management and the indicators of the Egyptian stock exchange.
  ● Understanding the fundamentals of technical and financial analysis and an overview of bonds, securitization, and sukuk.
  ● Understanding the role of the central depository and registration company.

Target groups in this training program

The program primarily targets:

Managing Directors of Securities and Broking Companies.

The main topics covered by Qualification Program for Accredited Managing Directors

The programs consist of a set of common core subjects, in addition to specialized modules covering the main activities of securities companies. The most important topics covered by the program are:

Common basic materials

• Purchase offers with the intent to acquire.
• Promotion and coverage of the subscription in securities.
• Egyptian stock exchange indices.
• Sukuk, bonds, securitizations.
• Introduction to the listing rules on the Egyptian Stock Exchange.
• Investor Relations Manager.
• Introduction to operational risks.
• Combating money laundering and terrorist financing.
• Fundamental analysis.
• Code of Professional Conduct and Ethics.
• The role of the central depository and registration company.
• Rules prohibiting price manipulation and insider trading.
• Technical analysis.
• Disclosure rules in the Egyptian Stock Exchange.
• Corporate governance rules for companies operating in the securities field.

Securities brokerage

• Introduction to the responsibilities and tasks of account managers and operations executors, and the obligations of broking firms toward their clients.
• Trading mechanisms and order management systems in the Egyptian stock exchange.
• Specialized activities and margin trading.
• Financial solvency rules and financial standards.

Training system and program duration

38 training hours