Tag "Securities Commission Malaysia (SC)"
Huobi-Backed Torum Set to Launch New Digital Asset Exchange Platform in Malaysia
The Securities Commission Malaysia (SC) has issued an approval-in-principle to Torum International, paving the way for the establishment of a new digital asset exchange (DAX) in the country. This decision marks Torum as the sixth entity to receive such licensing
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SC and USM Launch Varsity Hackathon for Students to Nurture Islamic Fintech Talent
The Securities Commission Malaysia (SC), in partnership with the Computer Science Student Society of Universiti Sains Malaysia (USM), announced the launch of the Varsity Hackathon (VHACK) set to take place from 27 February to 20 April 2024. This initiative aims
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SC and Bursa Malaysia to Shorten IPO Approval Timeline to 3 Months
The Securities Commission Malaysia (SC) and Bursa Malaysia have announced a new initiative to expedite the approval process for initial public offerings (IPOs) on both the Main Market and the ACE Market, aiming for a three-month turnaround. This streamlined approach
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SC Malaysia Fast Tracks Market Entry Process for Capital Market Players
The Securities Commission Malaysia (SC) has stepped up to expedite the market entry process for Capital Market Intermediaries (CMIs) and Recognised Market Operators (RMOs). The Focused Scope Assessment (FSA), effective immediately, promises to reduce the time required for CMIs and
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SC Malaysia Broadens Sophisticated Investor Criteria to Include Knowledge, Experience
The Securities Commission Malaysia (SC) has expanded its definition of sophisticated investors, aiming to make the capital market more accessible. The revised “Guidelines on Categories of Sophisticated Investors,” effective immediately, are part of the SC’s efforts to enhance market competitiveness
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SC Launches Maqasid Al-Shariah Guidance to Enhance Islamic Capital Market
The Securities Commission Malaysia (SC) has launched a new guidance for the Islamic capital market – Maqasid Al-Shariah Guidance Islamic Capital Market Malaysia. The guidance was launched by Deputy Minister of Finance I, Datuk Seri Ahmad Maslan at the SC-World
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SC Malaysia Launches Shariah Mentorship Programme to Build Talent Pipeline
The Securities Commission Malaysia (SC) has launched the Shariah Mentorship Programme, a three-year initiative to build a sustainable talent pipeline of Shariah professionals in the Islamic capital market (ICM). The programme is administered by ISRA Consulting, a wholly-owned subsidiary of
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SC and SME Corp to Boost MSMEs’ Access to Capital Market Financing
The Securities Commission Malaysia (SC) and SME Corporation Malaysia will collaborate to ease micro, small and medium enterprises’ (MSMEs) access to capital market financing. The three-year MoU signed by both parties aims to build a strong pipeline of capital market-ready
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Financial Planning, Fintech Synergy Key to Malaysia Economic Resilience, Says SC
The world of finance, like many industries, is undergoing rapid transformation, spurred mainly by technological advancements even in emerging markets. One such country embracing this transformation is Malaysia, which was the backdrop for insights shared at the Financial Planning Association
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SC Revises Guidelines to Allow Fractional Share Trading
The Securities Commission Malaysia (SC) has revised its guidelines to allow stockbroking companies to offer fractional share trading services for shares listed on Bursa Malaysia. Fractional shares are portions of a stock that are less than one standard board lot.
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