Latest on Regulation
19 August 2024
For the purpose of complying with Parts III, V and Appendix A1 of the Securities Commission Malaysia’s (SC) Guidelines on Prevention of Money Laundering, Countering Financing of Terrorism, Countering Proliferation Financing and Targeted Financial Sanctions for Reporting Institutions in the Capital Market (Guidelines), a Reporting Institution (RI) must adhere to the provisions of the Guidelines in undertaking private placement exercises including the due diligence conducted and monitoring of the private placement. This is in addition to adherence to other laws and rules such as requirements which are prescribed under Chapter 6 of Bursa Malaysia Securities Main Market Listing Requirements (Main LR) and its relevant Practice Notes for all issuance of new securities.
19 August 2024
The Guidelines on Digital Assets (Guidelines) are issued by the Securities Commission Malaysia (SC) pursuant to section 377 of the Capital Markets and Services Act 2007 (CMSA). These Guidelines set out the requirements for (a) an issuer seeking to raise funds through digital token offering; and (b) the registration of a platform operator to operate an IEO platform.
19 August 2024
These Guidelines are issued by SC pursuant to section 377 of the Capital Markets and Services Act 2007 (CMSA). Financial Market Infrastructures (FMIs) play a key role in enabling the efficient functioning of the capital market systems, which is a key component of the Malaysian financial system.
19 August 2024
These Guidelines are aimed at ensuring that there are controls and compliance established towards ensuring investor protection and market confidence. In addition, these Guidelines are also drawn up to ensure that fund management activities are carried out in compliance with regulatory requirements.
19 August 2024
The Guidelines on Recognized Markets (Guidelines) are issued by the Securities Commission Malaysia (SC) pursuant to section 377 of the Capital Markets and Services Act 2007 (CMSA) read together with subdivision 4, division 2 of Part II CMSA.
19 August 2024
The Guidelines on Electronic Contract Notes (Guidelines) are issued by the Securities Commission Malaysia (SC) under section 377 of the Capital Markets and Services Act 2007 (CMSA).
19 August 2024
The Guidelines on Technology Risk Management (GTRM) introduce a comprehensive regulatory framework for the management of technology risk in capital market entities. The GTRM supersedes the Guidelines on Management of Cyber Risk.
19 August 2024
6 August 2024
In response to money laundering and terrorism financing (ML/TF) risks associated with legal arrangements, pursuant to Recommendation 25 and Immediate Outcome 5 of the Financial Action Task Force’s Standards on 'Transparency and Beneficial Ownership of Legal Arrangement’, the SC has in 2023 conducted a study to better understand the efforts taken by intermediaries to enable compliance and mitigate ML/TF risks associated with legal arrangements.
5 August 2024
Currently, pursuant to subsection 31N(1) of the Securities Commission Malaysia Act 1993 (SCMA), an auditor who audits a public interest entity or schedule fund is required to be registered or recognised by the Audit Oversight Board (AOB). Read more.
18 July 2024
The Securities Commission Malaysia (SC) has received an increasing number of queries from the public seeking clarification regarding investment advice activities. Considering that this activity is gaining more attention, this Guidance Note on Provision of Investment Advice seeks to provide clarification as to when the activity of giving investment advice is likely to be considered as a regulated activity, for the purposes of licensing under the Capital Markets and Services Act 2007 (CMSA).
