BRIDGe recommendations - BRIDGe | Securities Commission Malaysia

BRIDGe RECOMMENDATIONS

In 2019, the BRIDGe working group concluded its recommendations, following which these implementation efforts were initiated:

OBJECTIVES

RECOMMENDATIONS

Enable online account opening of CDS and trading accounts with minimal human intervention

Enable investors to settle large value trades online, with industry limit of RM 100,000
Mandatory collection of email addresses for new investors and online investors to facilitate adoption of e-contract notes and e-statements

Enable greater e-notification for all corporate actions
Enable relevant share registrars and Bursa Malaysia as authorised as stamp duty collection agents to facilitate e-dividend reinvestment plans
Issuers to have mandatory option for e-share conversion
Enable investors to trade seamlessly during a share consolidation exercise
Facilitate for fully virtual and hybrid general meetings, including enabling e-voting and e-proxy participation
Facilitate notification and acceptance of general-offers digitally