ENFORCEMENT ACTIVITIES | 2015 | 2016 | 2017 | 2018 |
|---|---|---|---|---|
| Cases referred to Enforcement | 22 | 27 | 20 | 16 |
| Investigations initiated (no. of cases)
| 10 | 13 | 8 | 6 |
| Investigations completed (no. of cases)
| 13 | 10 | 10 | 12 |
| Persons charged in criminal proceedings
| 17 | 17 | 10 | 8 |
| Criminal charges laid
| 220 | 61 | 39 | 14 |
| Persons against whom civil actions initiated
| 5 | 2 | 20 | - |
| Person involved in regulatory settlements
| 6 | 2 | 7 | 3 |
| Administrative actions
| 41 | 37 | 32 | 80 |
Monetary penalty imposed on an audit partner
for non-compliance to the International Standards on Auditing requirements
Over RM13 million in restitution has been ordered
to be paid to compensate 106 investors of the 'Euro Deposit Investment Scheme'
Entered into 2 regulatory settlements in Q2 2021, with amount disgorged totaling
RM208,260
Drove development of the fintech ecosystem
The SC and the United Nations Capital Development Fund (UNCDF) launched the FIKRA Islamic Fintech Accelerator
Programme to develop a vibrant Islamic fintech ecosystem
Amended the Guidelines on Unlisted Capital Market Products Under the Lodge and Launch Framework (LOLA Guidelines)
in light of the enhancements to the LOLA system
Sustained fundraising access
Scaled SRI culture in ESG
The Joint Committee on Climate Change (JC3) hosted its flagship event on climate change aimed at sharing knowledge, best practices and solutions in tackling climate change
2nd NaviGate continued to raise awareness of Sustainable and Responsible Investment (SRI)
to finance companies’ green and sustainable projects. Attended by more than 200 participants
SIDC SRI Virtual Conference 2021 held to assist business leaders and policymakers in recognising the challenges and opportunities posed by unprecedented changes in the global market
Strengthened governance culture
Updated the Malaysian Code on Corporate Governance (MCCG)
to promote board leadership and oversight of sustainability
Formalised collaboration with Monash University Malaysia to
promote early understanding of corporate governance (CG) principles
Amended the Conduct and Business Practices for Stockbroking Companies and Licensed Representatives Guidelines (SBC Guidelines),
which includes measures to protect customers
Continued updating of the list of unauthorised websites, investment products, companies and individuals through the SC's investor alert announcements
Collaborated with partners who have developed online investor education
programmes to ensure reach despite restricted movements
InvestSmart® continues to optimise its social media platforms to broaden investor outreach. Pivoted to other digital outreach programmes amid the reinstatement of Movement Control Order (MCO)
