Kuala lumpur: The Securities Commission Malaysia (SC) has partnered with Durham University from the United Kingdom to introduce the Young Regulators Development Programme (YRDP), scheduled to occur annually from 2025 to 2027 in Kuala Lumpur. The initiative is designed to build a skilled talent pool to bolster the growth and stability of regional capital markets.
According to BERNAMA News Agency, the SC emphasized that this two-week programme is part of their strategic effort to nurture emerging talent and strengthen regulatory capabilities within the region. SC chairman Datuk Mohammad Faiz Azmi highlighted that this collaboration signifies a commitment to developing young regulators who can adeptly manage the complexities of modern capital markets. This initiative aligns with regional objectives to establish a resilient, well-governed, and globally competitive capital market.
The YRDP will target early-career capital market regulators with three to five years of experience from ASEAN member states and member regulators of the International Organisation of Securities Commissions (IOSCO). It aims to enhance the competencies of young professionals by offering a solid foundation in capital market regulation and supervision, while also keeping them informed about emerging trends and global best practices.
Durham University financial law professor, Dr Federico Lupo-Pasini, who was instrumental in crafting the curriculum, will lead the programme. It will also feature guest lecturers and prominent industry practitioners. The SC noted that Durham University, recognized for its excellence in law, finance, and economics, will provide academic rigor and international expertise to the programme.
The inaugural cohort is set to commence in August, with Malaysia as the regional host, promoting greater accessibility and participation from Asia Pacific, the Middle East, and other regions. Additionally, Durham Law School dean Prof Volker Roeben reiterated the university’s dedication to delivering transformative education. They offer an ASEAN Financial Regulators Scholarship to support ASEAN regulators pursuing an MSc in Law and Finance at Durham, enabling young regulators to expand their knowledge, develop analytical and leadership skills, and enhance their career prospects in the evolving financial sector.