Regulatory Alerts2024-10-01
Guidelines on Conduct for Capital Market Intermediaries
The Securities Commission Malaysia issued revised Guidelines on Conduct for Capital Market Intermediaries to mandate honest and fair treatment of clients, including specific protections for vulnerable individuals. The document requires intermediaries to implement robust controls, policies, and procedures overseen by the board and senior management to ensure compliance with seven key client outcomes. It further establishes strict standards for personal advice, conflict of interest management, and the protection of client assets and information across all capital market services.
Share