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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

TheSecurities Commission Malaysia(Malay:Suruhanjaya Sekuriti Malaysia) is a Malaysianstatutory bodywith responsibility for the development and regulation ofcapital marketsin the country. It is located inBukit Kiara,near theNational Science CentreofKuala Lumpur.

History[edit]

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[edit]

In 2009 the commission and theCentral Bank of Malaysiaestablished theAsian Institute of Finance.[3][4]They also established theFinance Accreditation Agencyin 2013.[5]

WithBursa Malaysia,they introducedElectronic Share Paymentfore-paymentof stock market transactions, ande-Dividend;both were announced in the 2010 budget.[5]

See also[edit]

References[edit]

  1. ^"About the SC - ABOUT | Securities Commission Malaysia".www.sc.com.my.Retrieved2022-05-19.
  2. ^"Securities Commission: Malaysia".Thomson Reuters.Retrieved2022-05-19.
  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. ^ab"- Bank Negara Malaysia - Central Bank of Malaysia".www.bnm.gov.my.

External links[edit]