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Securities Commission Malaysia

From Wikipedia, the free encyclopedia

Securities Commission Malaysia
(SC)
Suruhanjaya Sekuriti Malaysia
Agency overview
Formed1 March 1993; 31 years ago (1993-03-01)
JurisdictionMalaysia
HeadquartersKuala Lumpur, Malaysia
Agency executives
  • Dato’ Seri Dr. Awang Adek Haji Hussin, Chairman (since 1 June 2022)
  • Datuk Zainal Izlan Zainal Abidin, Deputy Chief Executive
Websitewww.sc.com.my

The Securities Commission Malaysia (Malay: Suruhanjaya Sekuriti Malaysia) is a Malaysian statutory body with responsibility for the development and regulation of capital markets in the country. It is located in Bukit Kiara, near the National Science Centre of Kuala Lumpur.

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Transcription

History

On March 1 1993, the Securities Commission Malaysia was established as a self-funded statutory body. The body functions to serve as the authority in developing and maintenance of a secure, efficient and orderly operations of the capital markets in Malaysia. It is a regulator and enforces its regulations to ensure the growth of capital market activities and market institutions within the financial sector.[1][2]

Joint initiatives

In 2009 the commission and the Central Bank of Malaysia established the Asian Institute of Finance.[3][4] They also established the Finance Accreditation Agency in 2013.[5]

With Bursa Malaysia, they introduced Electronic Share Payment for e-payment of stock market transactions, and e-Dividend; both were announced in the 2010 budget.[5]

See also

References

  1. ^ "About the SC - ABOUT | Securities Commission Malaysia". www.sc.com.my. Retrieved 2022-05-19.
  2. ^ "Securities Commission: Malaysia". Thomson Reuters. Retrieved 2022-05-19.
  3. ^ "Asian Institute Of Finance". www.aif.org.my.
  4. ^ "Establishment of Asian Institute of Finance to Enhance Financial Sector Human Capital Development". www.bnm.gov.my.
  5. ^ a b "- Bank Negara Malaysia - Central Bank of Malaysia". www.bnm.gov.my.

External links

This page was last edited on 27 March 2024, at 19:04
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