Securities commission malaysia

Securities commission malaysia

News: securities commission presents the world capital

The Securities Commission Malaysia (SC) reported today that e-Services platforms such as e-wallet or e-payment service providers would be used to facilitate the online distribution of capital market products such as unit trusts.
The Recognized Markets Guidelines have been updated to include a new chapter on “e-Services platform,” which outlines the registration criteria and continuing responsibilities for e-Service providers. This amendment would enable e-wallet or e-payment platform operators to collaborate with Capital Markets Services Licence holders to deliver capital market products to investors. Before submitting their application to the SC, e-wallets or e-payment operators that are currently regulated by another sectorial regulator would be allowed to obtain prior approval from that regulator. ‘‘The SC will continue to support the creation of creative digital solutions to increase investment access for all Malaysian capital market participants. The implementation of the e-Service platform system will allow for a wider distribution of capital market products through digital channels that are already familiar to our investors, according to SC Chairman Datuk Syed Zaid Albar. During its virtual press conference on April 16, 2020, the SC reported that it had seen a rise in the number of online trading accounts being registered. At the same time, license holders are increasingly turning to digital platforms to distribute capital market products and services. Interested operators must register as a registered market operator (RMO) with the SC and apply their applications starting today.

Securities commission malaysia

The Memorandum of Understanding signals both parties’ aim to form a strategic alliance focused on professional development and ensuring a steady supply of quality talent to meet growing business demands in Malaysia’s capital market.
AM1: 9.00 a.m. to 10.30 a.m. (Open to all modules except for M17 and M18)
AM2: 11.30 a.m. – 1 p.m. (With the exception of M17 and M18, all modules are open) 2:00 p.m. – 5:00 p.m. (All modules) Except for M17 and M18, all modules are open.
AM1: 9.00 a.m. to 10.30 a.m. (Open to all modules except for M17 and M18)
AM2: 11.30 a.m. – 1 p.m. (Open to all modules except for M17 and M18)
2:00 p.m. – 5:00 p.m. (All modules)
Except for M17 and M18, all modules are open.
AM1: 9.00 a.m. to 10.30 a.m. (Open to all modules except for M17 and M18)
AM2: 11.30 a.m. – 1 p.m. (Open to all modules except for M17 and M18)
2:00 p.m. – 5:00 p.m. (All modules)
Except for M17 and M18, all modules are open.
AM1: 9.00 a.m. to 10.30 a.m. (Open to all modules except for M17 and M18)
AM2: 11.30 a.m. – 1 p.m. (Open to all modules except for M17 and M18)
2:00 p.m. – 5:00 p.m. (All modules)
Except for M17 and M18, all modules are open.

Sc x sc 2019 (day 2) – from acorns to mighty oaks

Malaysia’s Securities Commission has continued to offer clearer guidelines to digital asset operators operating under its jurisdiction. The most recent of these involves the approval of three digital asset exchanges during a “transitional phase” during which all current digital asset exchanges must apply for permission to operate.
The Securities Commission Malaysia (SC) updated its Recognized Markets Guidelines in January 2019 to accommodate digital asset trading. All existing digital asset exchanges were forced to apply for permission to operate under its jurisdiction. The process is being referred to as a “transitional stage,” as the Malaysian digital asset market moves from an unregulated to a controlled state.
The SC also stated that digital asset exchanges operating within its jurisdiction that have not yet obtained approval from the SC must immediately cease operations and return all funds and assets received from investors. According to the commission, such operations without consent are a violation of securities law and are punishable by incarceration, a fine, or both.

Scxsc 2020 – investment behaviour in turbulent times

An Initial Coin Offering, as described in the Securities and Exchange Commission’s earlier consultation paper on the “Proposed Regulatory Framework for The Issuance of Digital Assets Through Initial Coin Offerings,” allows a company with a creative business plan to raise capital before it can do so through venture capitalists or lenders. It also enables the organization to raise funds without selling shares or incurring debt when pursuing new ideas.
“Another potential funding avenue for early-stage entrepreneurs may be a digital token offering. This initiative contributes to Malaysia’s Shared Prosperity Vision 2030 (SPV2030) by promoting the growth of SMEs and micro enterprises, which are expected to contribute 50% of the country’s GDP by 2030. It also aligned with SPV2030’s goal of creating 30% high-tech Malaysian companies, according to SC Chairman Datuk Syed Zaid Albar.
Following the publication of the consultation report, the SC obtained input, which was incorporated into the Guidelines. According to the responses obtained, the SC’s plan to use the experience of a platform operator to review applications for the issuance of digital tokens for fundraising has received overwhelming industry support.

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