Events

Securities Commission Malaysia – World Bank – IOSCO Conference

April 29-30, 2019

Kuala Lumpur, Malaysia

Image
  • It is estimated that over 1.7 billion adults, which account for one-third of the world’s adult population, do not have access to formal financial services and majority of them reside in developing countries. The picture is substantially somber for the member countries of Organization of Islamic Conference (OIC).  According to the Global Findex Database, 40 out of the 48 OIC member countries represented in this database have formal account penetration rates that were less than the world average of 50 percent. 

    In recent years, rapid advances in financial technology (fintech) has transformed the shape and form of access to financial services and today 69 percent of adults around the world have an account.

    Against this background, the proposed conference will explore the use of Islamic finance instruments to support financial inclusion, thereby contributing to the fight against poverty and fostering shared prosperity. It will explore policy, regulatory and institutional elements required for the sustainable use of Islamic finance to address financial inclusion. The conference will be delivered in collaboration with the Securities Commission Malaysia and the International Organization of Securities Commissions (IOSCO) Asia Pacific Hub.

    Target Audience

    The one and a half-day event will be attended by policy makers, regulators, industry practitioners as well as representatives of financial institutions. The Conference will address various areas, including:

    • Financial Inclusion in OIC Countries
    • Broadening Access to Financing for Micro, Small & Medium Enterprises: The Role of Islamic Finance
    • Islamic Social Finance: Tools for Enhancing Financial Inclusion
    • Role of Government and Regulators in Promoting Financial Inclusion through Islamic Finance
    • Utilizing Fintech in Islamic Finance for Financial Inclusion
    • Investor Protection and Investment Literacy in Islamic Finance
    • Towards Sustainable Financial Inclusion through Islamic Finance
  • A detailed agenda will follow soon.

  • Program Venue

    Securities Commission Malaysia
    3, Persiaran Bukit Kiara
    Bukit Kiara
    50490 Kuala Lumpur

    Email: sc-worldbank-iosco@seccom.com.my

    Tel: +6 03 2091 0642 (Ms Marissa Ariana) or +6 03 2091 0603 (Mr Khairul Hisham)

    Accommodation and Hotel Facilities

    There is a wide choice of hotels in Kuala Lumpur that can meet the needs of international visitors. For the convenience of international participants of the conference, the following hotels will provide group rate for the participants on first come first served basis, based on room availability. 

    Please contact the hotels directly for reservation from now until 15 April 2019 and kindly mention the name of Securities Commission Malaysia (SC) as well as the event name.

    1.      The Majestic Hotel Kuala Lumpur

    Address:

    5 Jalan Sultan Hishamuddin
    50000 Kuala Lumpur 
    Tel: 60 3 2785 8000
    Webwww.majestickl.com

    Email: tmklresv@ytlhotels.com.my (to copy: joan_khor@ytlhotels.com.my)

    Type of Room

    Rate

    Single Deluxe Room

    (with breakfast and internet access)

    MYR 440.80 nett

    per room per night inclusive of 1 breakfast.

    Double Deluxe Room

    (with breakfast and internet access)

    MYR 475.60 nett

    per room per night inclusive of 2 breakfast.

    Distance to/from SC: 7.3 km, 20-40 minutes

    2.   Sofitel Damansara

    Address:

    6, Jalan Damanlela, Bukit Damansara,

    50490 Kuala Lumpur
    Tel: 60 3 2720 6688
    Webwww.sofitel-kualalumpur-damansara.com

    Email: HA123-re@sofitel.com (to copy: HA123-SL5@sofitel.com)

    Type of Room

    Rate

    Single Luxury Room

    (with breakfast and internet access)

    MYR 443.08 nett

    per room per night inclusive 1 breakfast

    Double Luxury Room

    (with breakfast and internet access)

    MYR 474.88 nett

    per room per night inclusive 2 breakfast

    Distance to/from SC: 4 km, 5-10 minutes

    3. Le Méridian Kuala Lumpur

    Address:

    2 Jalan Stesen Sentral
    50470 Kuala Lumpur
    Tel: 60 3 2263 7888
    Webwww.lemeridienkualalumpur.com

    Email: reservations.lmkl@lemeridien.com  (to copy: precilla.atien@lemeridienhotels.com)

    Type of Room

    Rate

    Single Deluxe Room

    (with breakfast and internet access)

    MYR 539.40 nett

    per room per night inclusive 1 breakfast

    Double Deluxe Room

    (with breakfast and internet access)

    MYR 603.20 nett

    per room per night inclusive 2 breakfast

    Distance to/from SC: 6.7 km, 20-40 minutes


    Taxes & Levies

    Hotel guests are subject to the Malaysia Tourism Tax at MYR10.00 per room per night in accordance with the Tourism Tax Act at 2017. Malaysian Nationals and permanent residents holding MyPR cards are exempted. Should these rates change or any other taxes, levies or charges be introduced into Malaysia, they will be additional to the rates quoted throughout this corporate letter.

     

    Visa Requirements

    Most international travellers will need a valid visa to enter Malaysia. Please refer to the Immigration Department of Malaysia for visa requirements. Please be advised that that there is NO VISA-On-Arrival at the Kuala Lumpur International Airport (KLIA).

    Please let us know if you need an official visa invitation letter for your visa application by providing the relevant information in the online conference registration form.

     

    Airport Transfer

    The Kuala Lumpur International Airport is located 42 miles (70 km) from the city centre, and travel time is approximately 45 to 60 minutes by taxi or the Airport Express train.

     

    Airport Limo/Taxi services

    Participants can take the Airport Limo (http://www.airportlimo.my/) from the airport to the hotel. You may need to get a coupon for limo or taxi (at a fee of MYR 2.00) at the Airport Limo counters at Arrival Hall, Main Terminal or the Taxi counter after exiting the arrival area. The cost for the Airport Limo is approx. MYR 80.00 (USD24) per trip from airport to the city centre.  

     

    The Kuala Lumpur International Airport Express (KLIA Express)

    Participants can also take the KLIA Express Train which runs from the terminal to the KL Sentral train station and the journey takes only 28 minutes. The train operates at 15-mins intervals during peak hours and 20-mins during off-peak.  The cost for one-way fare is at RM55.00 (Adult) and RM25.00 (Child), and the return cost is RM100.00 (Adult) and RM45.00 (Child). 

     

    KLIA Express Train

    Once you have arrived at the KL Sentral Train Station, you can hire a taxi to continue to your hotel.  The Budget Taxi booths are located on the upper level of the KL Sentral Train Station. Detailed information and schedule can be found at www.kliaekspres.com/erlsb/default.aspx


    General Information

    Payment and currency

    The unit of currency in Malaysia is the Malaysian Ringgit indicated as RM. Participants are advised to change some currency into Ringgit upon arrival at the first port of entry in Malaysia. There are several licensed money changers at the Kuala Lumpur International Airport (KLIA) at both the arrival and departure halls and in and around hotels in Kuala Lumpur. Major credit cards like VISA and Mastercard are widely used throughout Malaysia. General banking hours are Mondays to Fridays from 9.30 a.m. to 3.30 p.m. ATMS are also available at the arrivals hall of KLIA.

     

    Electricity

    The standard voltage in Malaysia is 220 - 240 volts AC at 50 cycles per second.  Standard 3-pin square plugs and sockets.

     

    Language

    The official language in Malaysia is the Malay Language. However, in addition to Malay, many Malaysians speak English and Mandarin. Signs around the country are in Malay and English.

     

    Mobile Phones

    If you plan to make numerous calls and/or need to be reached at all times, you can use your international mobile phone as roaming is available in the country.  Otherwise you can purchase prepaid SIM cards (Hotlink, Digi, Maxis, Celcom, U Mobile or Tunetalk) at any phone shop located at KLIA either prior to clearing immigration or at the public area of the KLIA arrival hall, or at shopping malls.

     

    Outings in Kuala Lumpur

    Please refer to the Malaysia Tourism Centre.

     

    Medical Assistance

    For any medical consultations and/or in health emergency cases you can rely on the hotel to call a doctor or use the emergency medical contacts listed below.

    ·         Gleneagles Hospital               Tel: (+603) 4141 3000

    ·         Kuala Lumpur Hospital          Tel: (+603) 2615 5555

    ·         Tawakal Hospital                   Tel: (+603) 4023 3599

     

    Climate

    Tropical climate with warm weather and rain all year round. The average temperature in May in Kuala Lumpur is 31-34°C.

Details

  • DATE: April 29 - 30, 2019
  • VENUE: Securities Commission Malaysia, No 3, Persiaran Bukit Kiara, Bukit Kiara, 50490 Kuala Lumpur, Malaysia
  • ORGANIZERS: Securities Commission Malaysia, World Bank and IOSCO Asia Pacific Hub
  • FEE: No Fees. Participants are responsible for making their own travel and accommodations arrangements. Subject to availability of seats and confirmation by the organizers.
  • LANGUAGE: English
  • CONTACT: Ahmad Hafiz Abdul Aziz
  • wbsc_event@worldbank.org
Register