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Securities Commission Malaysia

Malaysian statutory body

Summary

Malaysian statutory body

FieldValue
agency_nameSecurities Commission Malaysia
(SC)
nativenameSuruhanjaya Sekuriti Malaysia
logoSecurities Commission Malaysia.svg
formed
jurisdictionMalaysia
headquartersBukit Kiara, Kuala Lumpur
minister1_nameAnwar Ibrahim
minister1_pfoMinister of Finance
minister2_nameAmir Hamzah Azizan
minister2_pfoMinister of Finance II
deputyminister1_nameLim Hui Ying
deputyminister1_pfoDeputy Minister of Finance
chief1_nameDato’ Mohammad Faiz Azmi
chief1_positionChairman (since 16 June 2024)
chief2_nameDatin Paduka Azalina Adham
chief2_positionManaging Director (since 1 January 2023)
keydocument1Securities Commission Act 1993
website

(SC)

The Securities Commission 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.

History

On 1 March 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.

Joint initiatives

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

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.

References

References

  1. "About the SC - ABOUT {{!}} Securities Commission Malaysia".
  2. "Securities Commission: Malaysia".
  3. "Asian Institute Of Finance".
  4. "Establishment of Asian Institute of Finance to Enhance Financial Sector Human Capital Development".
  5. "- Bank Negara Malaysia - Central Bank of Malaysia".
Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

federal-ministries,-departments-and-agencies-of-malaysia 1993-establishments-in-malaysia government-agencies-established-in-1993 securities-and-exchange-commissions ministry-of-finance-(malaysia) financial-regulatory-authorities-of-malaysia
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