Securities Commission Malaysia

Malaysian statutory body From Wikipedia, the free encyclopedia

Securities Commission Malaysia

The Securities Commission Malaysia (Malay: Suruhanjaya Sekuriti 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.

Quick Facts Agency overview, Formed ...
Securities Commission Malaysia
(SC)
Suruhanjaya Sekuriti Malaysia
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Agency overview
Formed1 March 1993; 32 years ago (1993-03-01)
JurisdictionMalaysia
HeadquartersBukit Kiara, Kuala Lumpur
Ministers responsible
Deputy Minister responsible
Agency executives
  • Dato’ Mohammad Faiz Azmi, Chairman (since 16 June 2024)
  • Datin Paduka Azalina Adham, Managing Director (since 1 January 2023)
Key document
Websitewww.sc.com.my
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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.[1][2]

Joint initiatives

In 2009 the commission and the Central Bank of Malaysia established the Asian Institute of Finance.[3][4] They also established the Finance Accreditation Agency in 2013.[5]

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.[5]

See also

References

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