Capital Market Y2K Update: End-to-end testing conducted successfully, first trading day of Year 2000 expected to run smoothly

Kuala Lumpur, 1 January 2000

The Securities Commission (SC) wishes to announce that market institutions and market intermediaries have successfully conducted end-to-end industry-wide testing of their computer systems, simulating the first trading day in the actual Year 2000 environment.

The testing involved the exchanges, clearing houses, their member companies and service providers.

Based on the satisfactory test results, the SC is confident that Y2K-related disruptions will not affect the market when trading commences on 3 January 2000. Nevertheless, the SC will continue to monitor the situation closely until the market re-opens on 3 January 2000.

All market institutions and all market intermediaries, except those placed under business restrictions by the authorities, participated in the end-to-end testing. The Y2K status of intermediaries placed under business restrictions would be one of the several conditions assessed before these restrictions are lifted.

Issuing houses as well as other market intermediaries i.e. asset management companies and unit trust management companies have also confirmed via scheduled reports to the SC that they have not encountered any problems and are ready to operate as normal on 3 January.

The public can contact the SC Y2K Command Centre (YCC) for Y2K enquiries pertaining to the capital market at:

Tel : 603-6548906 / 8909 or 03-6515542
Fax : 603-6515181 / 6533472
E-mail : [email protected] OR
[email protected]


about the SC
The Securities Commission Malaysia (SC) was established on 1 March 1993 under the Securities Commission Act 1993 (SCA). We are a self-funded statutory body entrusted with the responsibility to regulate and develop the Malaysian capital market.

General Line: +603-6204 8000
General Email: [email protected]
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