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Malaysian statutory body From Wikipedia, the free encyclopedia
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.
| Suruhanjaya Sekuriti Malaysia | |
| |
| Agency overview | |
|---|---|
| Formed | 1 March 1993 |
| Jurisdiction | Malaysia |
| Headquarters | Kuala Lumpur, Malaysia |
| Agency executives |
|
| Website | www |
On March 1 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]
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]
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