http://www.sc.com.my Malaysia's Capital Market Regulator en-us http://www.sc.com.my/rss/sclogo_88x31.gif http://www.sc.com.my 88 31 http://www.sc.com.my/main.asp?pageid=379 Datuk Ranjit Ajit Singh, Chairman of the Securities Commission Malaysia (SC), has been elected as a member of the Board of the International Organisation of Securities Commissions (IOSCO), the governing body of IOSCO responsible for leading the direction and process of standard-setting and decision-making on policy issues affecting global capital markets. He has also been appointed the Vice-Chairman of the Emerging Markets Committee (EMC), comprising 86 jurisdictions, at its 37th Annual Meetings and Conference in Beijing, China. For more information, please visit www.sc.com.my http://www.sc.com.my/main.asp?pageid=915 Register of Auditors as at 30 April 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/main.asp?pageid=379 The Audit Oversight Board of Malaysia (AOB) hosted regulators from Malaysia, Singapore and Thailand, other related agencies and representatives from the Big-4 audit firms, at a roundtable in Kuala Lumpur today, to discuss issues relating to the implementation of the International Standards in Auditing No 600 (ISA 600). Under the standard, the group engagement partner is responsible for the direction, supervision and performance of the group audit engagement in compliance with professional standards and regulatory and legal requirements. The group engagement partner also determines whether the auditor's report that is issued is appropriate. For more information, please visit www.sc.com.my http://www.sc.com.my/main.asp?pageid=252 List of Malaysian Approved Islamic Funds as at 31 March 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/main.asp?pageid=253 List of Registered Shariah Advisers as at 31 March 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/main.asp?pageid=379 The Securities Commission Malaysia (SC) and Securities and Futures Commission (SFC) Hong Kong jointly organised a Roundtable of Regional Takeover Regulators of nine jurisdictions in Kuala Lumpur from 9 to 11 May. The Roundtable, the first such gathering in the Asia-Pacific region of regional experts in takeover regulation, is a platform for dialogue on current issues and key areas of takeover regulation which will help to foster cooperation, the exchange of information and experiences amongst the different jurisdictions. For more information, please visit www.sc.com.my http://www.sc.com.my/main.asp?pageid=1164 ELK-Desa Resources Berhad's prospectus is now available for download. Last day of exposure is on 29 May 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/main.asp?pageid=379 The Federal Court today dismissed Ramesh Chelliah's application for leave to challenge the Court of Appeal's decision on the Audit Oversight Board (AOB)'s registration of PricewaterhouseCoopers (PwC) on 1 April 2010 under the Securities Commission Act 1993. He was also ordered to pay costs of RM10,000 to the Securities Commission Malaysia (SC). The decision of the Federal Court today concludes the case. For more information, please visit www.sc.com.my http://www.sc.com.my/main.asp?pageid=671 New vacancies available for the following positions: Shariah (Assistant General Manager, Senior Manager, Senior Executive), Human Capital Management (Senior Manager - Performance Management, Senior Manager - Organisation Structure and Workforce Planning, Senior Manager - Policies and Analytics, Assistant Manager/Manager, Career Development). Closing date for application is on 31 May 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/main.asp?pageid=255 Statistics for Fund Management Industry as at 31 March 2012 . For more information, please visit www.sc.com.my http://www.sc.com.my/main.asp?pageid=231 List of Licensend Intermediaries as at 30 April 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/main.asp?pageid=671 The Securities Commission Malaysia (SC) is looking for motivated and talented professionals at various levels of seniority to join our team of INVESTIGATORS and PROSECUTORS. Highly competent in a fast-paced and challenging environment, you will be able to apply your talents to a wide range of enforcement activities which will continuously challenge and develop your professional and people skills. You should possess a legal, accounting or auditing background. We also welcome those with other skills including engineers, actuaries, IT specialists and psychologists with strong analytical abilities and a solutions oriented mind-set. Qualified candidates are invited to submit the SC online recruitment application form at https://careersatsc.seccom.com.my/career/. Please also attach scanned copies of your resume or CV with relevant certificates and transcripts. Shortlisted candidates (only) will be contacted for interview. Closing date : 4 June 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/main.asp?pageid=379 Malaysia's Royal Award for Islamic Finance (The Royal Award) continues its global search to honour an exceptional individual in the field of Islamic finance, with the opening of nominations. The Royal Award, which was inaugurated in 2010 as a biennial award, is spearheaded by Bank Negara Malaysia and the Securities Commission Malaysia in support of the Malaysia International Islamic Financial Centre (MIFC) initiative. The Royal Award focuses on an individual's record of achievement and outstanding contribution to the advancement of Islamic finance globally. For more information, please visit www.sc.com.my http://www.sc.com.my/main.asp?pageid=379 The Securities Commission Malaysia (SC) received a total of 19 corporate proposals in Q1 2012 as compared to 41 proposals in Q4 2011. In line with the trend of increasing preference for fund-raising through issuance of corporate bonds and sukuk, the majority (79%) of the proposals were for issuance of private debt securities (PDS). Out of the 19 corporate proposals, 15 were for PDS while the remaining four (i.e. 21%) were equity applications. Out of the four equity applications, two were for IPO, as compared to one in Q4 2011. For more information, please visit www.sc.com.my http://www.sc.com.my/main.asp?pageid=709 Capital Market Statistics - SC Scorecard Q1 2012 and Statistics of Submissions Approved by the SC in Q1 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/main.asp?pageid=302 Summary of Statistics for Unit trust funds in Malaysia as at 31 March 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/main.asp?pageid=375 Keynote Address by Y Bhg Dato' Dr Nik Ramlah Mahmood, Deputy Chief Executive, Securities Commission Malaysia at Islamic Bonds (Sukuk) Outlook Conference, Thursday 26 April 2012, The Prince Hotel and Residence, Kuala Lumpur - "Outlook and Way Forward for Malaysian Sukuk Market". For more information, please visit www.sc.com.my http://www.sc.com.my/main.asp?pageid=1115 Felda Global Ventures Holding Berhad's prospectus is now available for download. Last day of exposure is on 18 May 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/main.asp?pageid=671 New vacancies available - Manager, Inspection (Audit Oversight Board), Secretary (Human Capital Management), Administrative Assistant (Human Capital Management). For more information, please visit www.sc.com.my http://www.oxcis.ac.uk/fellowships.html Closing date for application is on 1 May 2012. For more information, please www.oxcis.ac.uk/fellowships.html http://www.sc.com.my/main.asp?pageid=379 The Audit Oversight Board (AOB) today released its Annual Report 2011 which noted that audit firms are responding to the findings of inspections by implementing remediation plans to improve the overall quality of their audit work. "While the auditing framework remains strong and all international standards are adopted, the findings from the AOB oversight activities suggest that more efforts are required to enhance audit quality" noted Nik Hasyudeen Yusoff, Executive Chairman of the Audit Oversight Board (AOB). For more information, please visit www.sc.com.my http://www.sc.com.my/main.asp?pageid=1038 The 2011 AOB Annual Report is now available for download. For more information, please visit www.sc.com.my http://www.sc.com.my/main.asp?pageid=1158 New FAQ on Guidelines for the Offering, Marketing and Distribution of Foreign Funds. For more information, please visit www.sc.com.my http://www.sc.com.my/main.asp?pageid=595 Guidelines for the Offering, Marketing and Distribution of Foreign Funds (Updated 24 April 2012). For more information, please visit www.sc.com.my http://www.sc.com.my/main.asp?pageid=671 New vacancies available in the following positions - Assistant Manager (IT Database Management), Assistant Manager (Equities and Investment Products), Assistant Manager (Sukuk), Senior Manager (Branding and Profiling), Senior Manager (Bond Market, Assistant Manager (Bond Market). Closing date for application is on 16 May 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/main.asp?pageid=1146 SCH Group Berhad's prospectus is now available for download. Last day for feedback is on 15 May 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/main.asp?pageid=379 Nominations are now invited for a Visiting Fellowship at the Oxford Centre for Islamic Studies for the academic year commencing October 2012, under a new Scholar in Residence Programme in Islamic Finance jointly supported by the Securities Commission Malaysia (SC) and the Oxford Centre for Islamic Studies (OCIS). OCIS is a recognised independent centre of the University of Oxford. For more information, please visit www.sc.com.my http://www.sc.com.my/main.asp?pageid=253 List of Registered Shariah Advisers as at 31 March 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/main.asp?pageid=231 List of Licensed Intermediaries as at 31 March 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/main.asp?pageid=294 Guidelines on Compliance Function for Fund Management Companies (Updated/Effective: 16 April 2012) can now be downloaded . For more information, please visit www.sc.com.my http://www.sc.com.my/main.asp?pageid=1079 Frequently-Asked Questions on Guidelines on Compliance Function for Fund Management Companies(Updated April 2012). For more information, please visit www.sc.com.my http://www.sc.com.my/eng/html/resources/capMy/CapitalMy_1201.pdf The Capital.My (January 2012 Issue) is now available for download. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=1119 Application Documents for Private Retirement Schemes is now available for download. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=286 Equity Guidelines Issued on 6 April 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=726 Updated Summary of Statistics for Wholesale Funds as at 29 February 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=915 Register of Auditors as at 31 March 2012 is now available for download. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=1119 The Guidelines on Private Retirement Scheme is now available for download. Date issued - 5 April 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=1156 Frequently Asked Questions on Private Retirement Scheme (PRS). For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=379 The Securities Commission Malaysia (SC) today announced the initial list of eight intermediaries approved as providers of Private Retirement Schemes (PRS Providers), marking a significant milestone in the development of a long-term sustainable private retirement industry for Malaysia. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=379 The Securities Commission Malaysia (SC) today released the Malaysian Code on Corporate Governance 2012 (MCCG 2012) as the first major deliverable of the Corporate Governance Blueprint 2011 (Blueprint) launched in July last year. Aimed at enhancing board effectiveness of listed companies through strengthening board composition, reinforcing the independence of directors and fostering commitment of directors, the new code will supercede the Malaysian Code on Corporate Governance 2007. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=381 The SC Annual Report 2011 is now available for download. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=379 The Malaysian capital market continued to grow with fund raising approved by the Securities Commission Malaysia (SC) reaching RM118.93 billion at the end of 2011, compared to RM77.02 billion in 2010. This marked increase reflects strong confidence in the fund raising environment and sukuk approvals which had more than doubled to RM78.9 billion from RM38.3 billion the year before. The approvals included the world's largest corporate sukuk programme of RM23.3 billion by Projek Lebuhraya Usahasama Berhad, under which issuance commenced in January 2012. Malaysia remains at the forefront of the sukuk market, accounting for 73% of the total sukuk issued globally. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=302 Summary of Statistics for unit trust funds in Malaysia as at 29 February 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=671 Assistant Manager (Managed Investment Schemes), Senior Executive (Managed Investment Schemes), Senior Manager (Investor Affairs and Complaints). Closing date for application is on 13 April 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/eng/html/aob/ARAS_renewalProcess.pdf Updated ARAS Manual (Renewal Process) (pdf) as at 27 March 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=379 The Securities Industry Development Corporation (SIDC), the training and development arm of the Securities Commission Malaysia (SC), today entered into a Memorandum of Understanding (MoU) with Universiti Teknologi MARA (UiTM) to introduce a capital market syllabus for its university students. This collaboration is aimed at supporting the talent development requirements in the Malaysian capital market and building a graduate talent pool that is "work-ready" for the industry. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=375 Keynote Address by Y Bhg Tan Sri Zarinah Anwar, Chairman, Securities Commission Malaysia at the 6th IFRS Regional Policy Forum Monday, 26 March 2012, Shangri-La Hotel, Kuala Lumpur - 'Convergence and Beyond: Navigating Change'. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=671 New available position - Assistant Manager/Manager (Strategy and Research). For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=695 A Challenging Career Awaits the Best and Brightest. The Securities Commission Malaysia (SC) is looking for the best and brightest young people to pursue their education and commence a rewarding and challenging career with us. If you are a high achiever, all-rounder and intelligent go-getter with outstanding academic results, seeking to excel in the fields of Accounting, Business Administration, Economics, Finance, International Business, Islamic Finance and Banking, Investment Banking and Law. Closing date for application is on 3 April 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=379 A team from Universiti Sains Malaysia has won the top prize in Malaysia's first Inter-varsity Financial Literacy I-Film Awards. Gary Chong, Joanna Grace Dorai, Jessica Isaiah and Eugene Wee Teck Wah from Universiti Sains Malaysia, walked away with competition trophies, certificates and a cash prize of RM3,000 with the winning entry "2025 Investing in Your RM5 Note". The I-Film Awards, organised by the Securities Industry Development Corporation (SIDC), the training arm of Securities Commission Malaysia (SC), is the first Malaysian inter-varsity short film competition focusing on financial literacy, investment and money management. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=379 The ASEAN Capital Markets Forum (ACMF) announced today that the securities regulators and stock exchanges of Malaysia, Singapore and Thailand have signed a Memorandum of Understanding (MOU) on Expedited Review Framework for Secondary Listings. The Expedited Review Framework is an initiative under the ACMF Implementation Plan endorsed by the ASEAN Finance Ministers in 2009. The objective of the Framework is to speed up the processing of secondary listing applications together with the relevant disclosure documents. This Framework is available to corporations which are incorporated and whose shares are primarily listed on the main market of an exchange in jurisdictions which are signatories to the MOU. Where corporations satisfy the requirements set out in the Framework, signatories to the MOU will review these applications within a shortened time period of 35 business days. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=1146 Jordone Group Berhad's prospectus is now available on the website for public feedback. Last day of exposure is on 4 April 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=379 The Securities Commission Malaysia (SC) and the Oxford Centre for Islamic Studies (OCIS) today concluded the third SC-OCIS Roundtable on Islamic Finance, a closed-door forum for Islamic finance experts, Shariah advisers and scholars from around the world which was held on 12 and 13 March 2012 in Kuala Lumpur. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=379 Tan Sri Zarinah Anwar, who has been Chairman of the Securities Commission Malaysia (SC) since 2006, will retire when her term is completed on 31 March 2012. YAB Dato' Sri Najib Tun Abdul Razak, Prime Minister and Minister of Finance has appointed Datuk Ranjit Ajit Singh to succeed Tan Sri Zarinah as Chairman of the SC and Dato Dr Nik Ramlah Mahmood as Deputy Chief Executive. Both currently serve as Managing Directors of the SC and their new appointments take effect from 1 April 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=375 Address by Zainal Izlan Zainal Abidin, Executive Director, Islamic Capital Market Securities Commission Malaysia at EUMCCI's Quarterly Financial Panel Discussion 2012, Thursday 8 March 2012 at Sasana Kijang, Kuala Lumpur. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=231 List of Licensed Intermediaries as at 29 February 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=253 List of Registered Shariah Advisers as at 29 February 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=1013 Updated Guidelines for Awarding CPE Points. For more information, please visit www.sc.com.my http://www.sc.com.my/eng/html/aob/ARAS_renewalProcess.pdf The ARAS Manual for Renewal Process can now be downloaded from the website. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=916 Updated List of Audit Oversight Board Members as at 7 March 2012. The updated list can be viewed at www.sc.com.my http://www.sc.com.my/paper.asp?pageid=1144 Amendments to the 'Guidelines for the Registration of Venture Capital Corporations and Venture Capital Management Corporations'. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=915 Updated Register of Auditors as at 29 February 2012 can now be downloaded. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=1143 Master Tec Berhad's prospectus can now be downloaded for public feedback. Last day of exposure is on 22 March 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=302 Summary of Statistics for Unit Trust Funds in Malaysia as at 31 January 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=671 The following position is now open for application - Assistant Manager/Manager (Transaction Disclosures). Closing date for application is on 18 March 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=380 The Malaysian ICM - 3rd Quarter 2011 Issue is now available for download. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=231 List of Licensed Intermediaries as at 31 January 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=671 New vacancies now open for application. Closing date is on 1 March 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=303 Statistics for Fund Management Industry as at 31 December 2011. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=915 Register of Auditors is now updated as at 31 January 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=379 The Securities Industry Development Corporation (SIDC), the training and education arm of the Securities Commission Malaysia (SC), is calling for applications from university graduates for the sixth Islamic Capital Market Graduate Training Scheme (ICMGTS) commencing 9 March 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=252 List of Malaysian Approved Islamic Funds as at 31 December 2011. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=726 Summary of Statistics for Wholesale Funds in Malaysia as at 31 December 2011. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=253 List of Registered Shariah Advisers is now updated as at 31 January 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=382 The January 2012 Issue of The Reporter is now available for download. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=302 Summary of Statistics for Unit Trust Funds in Malaysia as at 31 December 2011. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=379 Ringgit-denominated sukuk issuances dominated Malaysian fund-raising activities approved by the Securities Commission Malaysia (SC) for the year, accounting for RM78.9 billion out of RM118.9 billion total funds approved through the capital market. More than half of the amount to be raised from sukuk issuances was approved during the fourth quarter, through 15 Ringgit-denominated sukuk issues which are set to raise RM41.7 billion from the market. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=709 Statistics of Submissions Approved by SC in Q4 2011. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=1139 Hiap Huat Holdings Berhad's prospectus is now available for download. Last day of exposure is on 17 February 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=1138 RapidCloud Asia Berhad's prospectus is now available for download. Last day of exposure is on 17 February 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=252 List of Malaysian Approved Islamic Funds as at 31 November 2011. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=375 Special Address by Tan Sri Zarinah Anwar, Chairman, Securities Commission Malaysia at the Establishment of CIMB-Principal Islamic's International Funds in Ireland, Monday, 16 January 2012 at Mandarin Oriental Hotel, Kuala Lumpur. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=1131 The establishment of a Private Pension Administrator is a key feature in the Private Retirement Scheme (PRS) framework led by the Securities Commission Malaysia (SC). The Private Pension Administrator will be responsible for ensuring the establishment and operationalisation of an efficient administrative system for the overall private pension industry in Malaysia. It will facilitate and maintain all PRS-related transactions made by contributors and members. The Private Pension Administrator will also function as a resource centre for data and research relating to the PRS industry in Malaysia. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=1136 The Securities Commission (Amendment) Act 2011 which came into force on 3 October 2011 introduces a framework to enable the Audit Oversight Board ("AOB") to grant recognition to foreign auditors who audit the financial statements of foreign corporations listed on Bursa Malaysia. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=760 The Approved List of Principal Advisers is updated and current as at 12 January 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=860 The SC will be hosting a series of Open Days for students keen to learn more about the SC and the capital market. Unlike in previous years, this year's Open Day series will include a special focus on financial literacy by SIDC. Among the topics covered include SC and its role in the capital market, Overview of the capital market and Human capital pipeline into the capital market. New dates for the open day has been updated for 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=760 The Approved List of Principal Advisers is now updated as at 12 January 2012. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=231 The List of Licensed Intermediaries is updated as at 31 December 2011. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=253 The List of Registered Shariah Advisers is updated as at 31 December 2011. For more information, please visit www.sc.com.my http://www.sc.com.my/paper.asp?pageid=379 Encik Nik Mohd Hasyudeen Yusoff and Ms Foo Lee Mei have been appointed to the Management Committee of the Securities Commission Malaysia (SC) as Executive Directors effective 1 January 2012. They will continue to remain Executive Chairman, Audit Oversight Board (AOB) and General Counsel of the SC respectively. For more information, please visit www.sc.com.my