The capital market is regulated by the Securities Commission Malaysia (SC)
Securities Commission Malaysia
Securities Commission Malaysia (SC), established under the Securities Commission Act 1993, is a statutory body that reports to the Minister of Finance (MOF), Malaysia. The SC has direct responsibility for supervising and monitoring the activities of market institutions including the exchanges and clearing houses, as well as all persons licensed under the Capital Markets and Services Act 2007 (CMSA). Underpinning these functions is the ultimate aim of protecting investors. Apart from discharging its regulatory functions, the SC is also responsible to promote and develop the securities and futures markets in Malaysia. The SC spearheads the development of the Malaysian Islamic capital market by establishing a Shariah Advisory Council (SAC) to advise on matters relating to Islamic capital market activities and products. Over the years, the SC has built a comprehensive and facilitative framework for Islamic funds and wealth management. In addition, the SC has been driving product innovation in the Islamic equity and sukuk (Islamic bond) sectors; on top of promoting education, training, consultancy, and research for the Islamic capital market (ICM). For more information on SC, please log on to www.sc.com.my
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