Tag "securities commission"
SC Consolidates All Shariah Rules on Islamic Capital Market Products and Services
The Securities Commission Malaysia (SC) has issued new guidelines on Islamic Capital Market Products and Services (ICMPS Guidelines) to further enhance the Shariah governance framework for the Islamic capital market. This will be the central source of reference on all
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SC: Budget 2023’s Capital Market Initiatives to Boost Market Confidence, Talent Pipeline
The capital market initiatives announced during the Budget 2023 will complement and assist efforts to boost market confidence, encourage growth and catalyse private sector investment in the economy, says the Securities Commission Malaysia (SC). One of the initiatives is the
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Tan Sri Dr. Mohd Daud Bakar Receives Royal Award for Islamic Finance 2022
The Royal Award for Islamic Finance 2022 was bestowed to Tan Sri Dr. Mohd Daud Bakar by the Yang di-Pertuan Agong at an award presentation ceremony held in Kuala Lumpur today. Established in 2010, The Royal Award a biennial award
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BNM and SC Calls for Financial Institutions to Ramp up Response to Climate Change
The Joint Committee on Climate Change (JC3) has emphasized the need for the financial sector to strengthen its response to climate change. Established in 2019, JC3 is chaired by Bank Negara Malaysia (BNM) and the Securities Commission Malaysia with other members
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Securities Commission Cautions the Public on Rising Investment Scams on Telegram
The Securities Commission Malaysia (SC) has cautioned the public on the sharp increase of investment scams promoted on messaging application Telegram. Since January 2022, the SC has received a total of 47 complaints and enquiries on illegal investment schemes promoted
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How Securities Commission Malaysia Balances Innovation and Risk in Regulating Fintech
Innovation in fintech is happening at breakneck speed and for entrepreneurs to be able to thrive and introduce these innovations, the right environment has to be set in place. This unenviable task often lands on the desks of regulators who
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Kenanga Investment Bank Acquires ETF Fund Manager i-VCAP
Kenanga Investment Bank Bhd has acquired i-VCAP Management Sdn Bhd via its wholly owned subsidiary Kenanga Investors Bhd (KIB) following approval by the Securities Commission of Malaysia. i-VCAP is a Shariah-compliant investment management services provider primarily focused on Islamic exchange-traded
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Touch ‘n Go First E-Wallet to be Approved by SC to Offer Investment Products
Touch ‘n Go (TNG) Group’s subsidiary TNG Digital Sdn Bhd (TNGD), has emerged as the first e-wallet to be granted a conditional approval to operate as a Recognised Market Operator (RMO) by the Securities Commission of Malaysia (SC). TNG said
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SC Malaysia Clarifies: A Crypto-Asset is Only A Security if Used in Specific Ways
Due to confusion that has come out regarding cryptocurrency within the past few weeks, the Securities Commission Malaysia has invited Fintech News Malaysia over to clarify on certain positions it holds regarding digital assets. One of the biggest revelations is
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SC Imposes Deadline For Crypto Exchanges Before They are Deemed Illegal
The issue of digital currency and assets regulation came into mainstream focus when Finance Minister Lim Guan Eng announced that Order 2019 will activate starting from the 15th January 2019. Soon after, the Securities Commission (SC) issued their own statement about the
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