2023-05-16 05:31
SC SEEKS PUBLIC FEEDBACK AS IT REVIEWS CAPITAL MARKETS AND SERVICES ACT 2007
KUALA LUMPUR, May 16 (Bernama) — The Securities Commission Malaysia (SC) is undertaking a holistic review of the Capital Markets and  Services Act 2007 (CMSA), a key legislation that regulates the Malaysian capital market and it is seeking public feedback to ensure a comprehensive review. It said the review is part of the SC's efforts to modernise the CMSA and promote efficiencies to enable the capital market to remain competitive while maintaining adequate investor protection. 'To that end, the SC is requesting public feedback on parts and areas under the CMSA relating to product governance, disclosure, the approval process for corporate proposals and takeovers,' the SC said in a statement here today.

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