Over the last two years, the Securities Commission Malaysia (SC) has intensified its regulatory review and scrutiny over asset management companies. Pursuant to this, an on-site examination was conducted on SJ Asset Management Sdn Bhd (SJAM). The examination as well as the findings of BDO Consulting Sdn Bhd (BDO), who was appointed to assist in examining SJAM’s books, accounts and records, had raised certain concerns. As such, the SC has imposed conditions and restrictions on the activities of SJAM.