Thursday May 18 2023
News Source: Global Exchanges
Focus: Stock Exchange Regulation
Type: General
Country: Malaysia
Link: https://bit.ly/42Nm2KE
On 16th May 2023, the Securities Commission Malaysia (SC) announced that it is undertaking a holistic review of the Capital Markets and Services Act 2007 (CMSA), a key legislation that regulates the Malaysian capital market.
The review is part of the SC’s efforts to modernise the CMSA (Capital Market Services Act) and promote efficiencies to enable the capital market to remain competitive while maintaining adequate investor protection.
To that end, the SC is requesting public for feedback on parts and areas under the CMSA relating to product governance, disclosure, the approval process for corporate proposals and takeovers.
Click on the above link for further information