The SC achieved a significant milestone with 4,128 news articles published throughout the year, reflecting widespread media interest and engagement. This extensive coverage highlighted the SC’s role in advancing regulatory developments, sustainability initiatives, and industry collaborations, showcasing the SC’s impact and influence on key issues in the sector. The diverse range of topics covered in these articles also demonstrated the SC’s commitment to transparency and communication with stakeholders.
Key media engagements include:
The SC leadership amplified its thought leadership through 36 impactful speeches, including 30 delivered by the Chairman and six by the Executive Team, at key forums. These speeches were prominently covered in the media and helped to further establish the SC as a leading voice in the capital market industry.
A highlight of the SC’s communications efforts in 2024 was the extensive coverage of the SC’s Catalysing MSME and MTC Access to the Capital Market: 5-Year Roadmap. The launch event itself received over 200 pieces of coverage, reflecting broad interest and support across media platforms.
The potential audience of the initiative exceeded 6 million, which was further increased by industry commentary and support from important stakeholders who praised the SC’s efforts to provide a strong framework to support this segment.
Another notable mention was the SC-OCIS Roundtable in the UK, where HRH Sultan Nazrin Shah delivered a keynote on ‘Restoring Humanity in Finance’. The full text of his speech was featured in The Edge, helping to spotlight the SC’s commitment to promoting ethical practices and social responsibility in finance.
The SC leveraged its digital and social media platforms to amplify its communication efforts and enhance engagement with diverse audiences. Notably, the SC’s social media postings gained significant traction beyond its own channels, with approximately 76 postings shared and cited by the media as a credible source of news. These include updates on the SC’s Investor Alert List, pre-event promotions, and highlights from key events.
Mitigating Systemic Risks And Promoting Financial Stability
Enhanced Risk Governance Framework
In 2021, the SC-wide risk governance framework was enhanced as part of an overall initiative to have an effective integrated and predictive risk surveillance to maintain regulatory agility.
The structured risk governance framework integrated the wider spectrum of risks such as technology, cyber and conduct risk at the SC’s Systemic Risk Oversight Committee (SROC) and Accounting, Market and Corporate Surveillance Committee (ACMS).
Intensified surveillance
The SC continued to intensify its surveillance of systemic risk to maintain market resilience and stability. Regular SROC engagements were held to deliberate concerns emanating from various segments across the capital market. Domestic equity and bond market, foreign fund flows and trade participation continued to be monitored closely for potential stress points.
In addition, measures and economic stimulus packages introduced by the government to weather the impact of COVID-19, market trading conduct and the financial position of listed companies were among the focus areas for discussion.
Thematic assessments
The SC also conducted thematic assessments covering investors’ fund flows, the position of firms, and policy decisions to ascertain the possible impact on the capital market. In 2021, the SC reviewed and enhanced its crisis indicators on potential emerging risks in the
capital market.
The enhanced crisis indicators provided a reference point for escalation to SROC when the identified indicators and triggers materialised and ensured prompt response to manage and prevent any issues of concern that might lead to a systemic crisis.
Joint regulatory discussions
In 2021, the SC conducted frequent joint regulatory discussions with other authorities such as Bank Negara Malaysia (BNM) and Labuan Financial Services Authority (Labuan FSA) to identify systemic risk concern areas within the financial and capital markets in Malaysia.
Monitoring of various components of the capital market
The SC continued its efforts to undertake a methodological and integrated approach to ensure any potential systemic risk was being monitored, mitigated, or managed. Figure 1 highlights the findings from the following risk assessments on the various components of the capital market.
