Venture Capital and Private Equity Registration

Introduction

Under the Capital Markets and Services Act 2007 (CMSA), any person carrying on a business in any regulated activity must be appropriately licensed or registered by the SC. Corporations undertaking venture capital or private equity activity are registered persons under Schedule 4 of the CMSA.

To qualify as registered persons, Venture Capital Corporations (VCC), Venture Capital Management Corporations (VCMC), Private Equity Corporations (PEC) and Private Equity Management Corporations (PEMC) as specified in paragraph 2.01 of the Guidelines on Registration of Venture Capital and Private Equity Corporations and Management Corporations (Guidelines), must apply to be registered with the SC and comply with the provisions of these Guidelines.

At the time of registration, the applicant must have at least one responsible person for VCC or VCMC, and at least two responsible persons for PEC or PEMC, who shall be fit and proper for the position.

How to Register

Applicants are required to submit the following forms and documents required in printed and soft copies (text-searchable format (PDF-text) in thumb drive or CDROM):

Periodic Reporting

Periodic reports must be submitted through the ComRep system. A new registered corporation must request access to this system via e-mail to [email protected] and a Super Admin account will be provided. This account allows creation of new users for designated roles/access to the system (i.e. makers, approvers, viewers).

More information is available in the ComRep User Manual, available in the link here: https://www.sc.com.my/analytics/common-reporting-platform-xbrl

Getting in Touch

All applications and notifications must be submitted to the following address:

Authorisation and Licensing Department
Securities Commission Malaysia
3 Persiaran Bukit Kiara
Bukit Kiara 50490 Kuala Lumpur