The Securities Commission Malaysia ( ms, Suruhanjaya Sekuriti Malaysia) is a Malaysian

statutory body A statutory body or statutory authority is a body set up by law (statute) that is authorised to implement certain legislation on behalf of the relevant country or state, sometimes by being empowered or delegated to set rules (for example reg ...

with responsibility for development and regulation of

capital markets A capital market is a financial market in which long-term debt (over a year) or equity-backed securities are bought and sold, in contrast to a money market where short-term debt is bought and sold. Capital markets channel the wealth of savers to ...

in the country. It is located in

Bukit Kiara Bukit Kiara is a densely forested area of Kuala Lumpur, Malaysia. The area is in proximity to the suburbs of Bukit Damansara, TTDI Taman Tun Dr. Ismail is a nearly half a decade old mid sized township in Kuala Lumpur, Malaysia. Situated ...

near the National Science Centre of

Kuala Lumpur , anthem = '' Maju dan Sejahtera'' , image_map = , map_caption = , pushpin_map = Malaysia#Southeast Asia#Asia , pushpin_map_caption = , coordinates = , su ...

History

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.

Joint initiatives

In 2009 the commission and the

Central Bank of Malaysia The Central Bank of Malaysia (BNM; ms, Bank Negara Malaysia) is the Malaysian central bank. Established on 26 January 1959 as the Central Bank of Malaya (''Bank Negara Tanah Melayu''), its main purpose is to issue currency, act as banker and ad ...

established the

Asian Institute of Finance The Asian Institute of Finance Berhad (AIF) is a nonprofit organisation in Malaysia. Its main purpose is to enhance human capital development and talent management across the Asian financial services industry. AIF's headquarters is located in Kua ...

. They also established the Finance Accreditation Agency in 2013. With

Bursa Malaysia Bursa Malaysia is the stock exchange of Malaysia. It is one of the largest bourses in ASEAN. It is based in Kuala Lumpur and was previously known as the Kuala Lumpur Stock Exchange (KLSE). It provides a full integration of transactions, offeri ...

, they introduced

Electronic Share Payment Electronic may refer to: *Electronics, the science of how to control electric energy in semiconductor * ''Electronics'' (magazine), a defunct American trade journal *Electronic storage, the storage of data using an electronic device *Electronic co ...

for

e-payment Online Banking ePayments (OBeP) is a type of payments network, developed by the banking industry in conjunction with technology providers. It is specifically designed to address the unique requirements of payments made via the Internet. http://icpno ...

of stock market transactions, and e-Dividend; both were announced in the 2010 budget.

References

External links

Securities Commission Malaysia official website
{{Authority control Federal ministries, departments and agencies of Malaysia 1993 establishments in Malaysia Government agencies established in 1993

Malaysia Malaysia ( ; ) is a country in Southeast Asia. The federation, federal constitutional monarchy consists of States and federal territories of Malaysia, thirteen states and three federal territories, separated by the South China Sea into two r ...

Ministry of Finance (Malaysia) Financial regulatory authorities of Malaysia

History

Joint initiatives

See also

References

External links