Pengampang Maklumat - Prestasi dan Hasil Kawal Selia

Pengampang Maklumat

SC berpegang teguh dalam komitmennya untuk memastikan bahawa hanya individu dan entiti yang memenuhi standard yang sesuai dan wajar diberikan
lesen atau pendaftaran untuk beroperasi dalam pasaran modal. Pada 2024, SC meneruskan pendekatan ketatnyaterhadap pelesenan, dengan melaksanakan penilaian komprehensif untuk setiap pemohon, termasuk pemeriksaan latar belakang negatif dengan badan pengawal selia dan pihak berkuasa lain untuk memastikan standard integriti (Jadual 11) Semua permohonan untuk Lesen Perkhidmatan Pasaran Modal (CMSL) dan Lesen Wakil Perkhidmatan Pasaran Modal (CMSRL) diproses dalam garis masa mengikut piagam perkhidmatan SC, mencerminkan komitmen terhadap kecekapan dan pematuhan SC terhadap standard perkhidmatan (Jadual 12).

Nota:

Termasuk enam permohonan yang diluluskan pada dasarnya menunggu pemenuhan syarat oleh pemohon untuk pengeluaran lesen.
Termasuk permohonan yang dikemukakan oleh entiti yang memohon untuk didaftarkan untuk dua aktiviti berbeza.
Termasuk satu permohonan yang ditolak.

Pada tahun 2024, tujuh pemegang CMSL baharu telah diluluskan. Sementara itu, 15 entiti berdaftar baharu turut diluluskan, termasuk 14 modal teroka dan ekuiti persendirian (VCPE), serta satu Penjaga Aset Digital (DAC). Dalam tempoh yang sama, SC juga mendaftarkan tiga pengendali pasaran yang diiktiraf (RMO), terdiri daripada dua pengendali platform pembiayaan antara rakan setara dan satu pengendali pertukaran aset digital.

Sehingga 31 Disember 2024, sebanyak 937 permohonan CMSRL telah diluluskan, dengan jumlah pemegang CMSRL berjumlah 10,314.

Sepanjang tahun 2024, empat pemegang CMSL telah menyerahkan lesen mereka kerana mereka tidak lagi menjalankan aktiviti terkawal yang dilesenkan kepada mereka. Selain itu, 889 pemegang CMSRL telah menyerahkan lesen masing-masing disebabkan oleh persaraan, peletakan jawatan (kerana tawaran yang lebih baik), dan perubahan dalam laluan kerjaya.

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.