The Securities Commission Malaysia (SC) is a statutory body entrusted with the responsibility of regulating and systematically developing the Malaysia’s capital markets. It has direct responsibility in supervising and monitoring the activities of market institutions and regulating all persons licensed under the Capital Markets and Services Act 2007.
The SC’s many regulatory functions include:
- Supervising exchanges, clearing houses and central depositories;
- Registering authority for prospectuses of corporations other than unlisted recreational clubs;
- Approving authority for corporate bond issues;
- Regulating all matters relating to securities and derivatives contracts;
- Regulating the take-over and mergers of companies
- Regulating all matters relating to unit trust schemes;
- Licensing and supervising all licensed persons;
- Encouraging self-regulation; and
- Ensuring proper conduct of market institutions and licensed persons.
MISSION
To promote and maintain fair, efficient, secure, transparent securities and derivatives markets and to facilitate the orderly development of an innovative and competitive capital market.
MEMBERS OF SECURITIES COMMISSION MALAYSIA
The eight members of the Securities Commission Malaysia are appointed by the Minister of Finance:
Datuk Ranjit Ajit Singh
- Chairman, Securities Commission Malaysia
Dato Dr Nik Ramlah Mahmood
- Deputy Chief Executive, Securities Comission Malaysia
Datuk Francis Tan Leh Kiah
- Managing Director, Azman, Davidson & Co., Advocates & Solicitors
Dato’ Gumuri Hussain
- Former Chairman, SME Bank (Bank Perusahaan Kecil & Sederhana Malaysia Bhd)
Fazlur Rahman Ebrahim
- Former Managing Director Prokhas Sdn Bhd
Tan Sri Mohamed Jawhar Hassan
- Chairman, New Straits Times Press (Malaysia) Berhad
Tan Sri Dato’ Hasmah Abdullah
- Former Director-General/Chief Executive Officer, Inland Revenue Board of Malaysia
Tan Sri Dr Madinah Mohamad
- Secretary General, Ministry of Education
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