Regulatory AlertsNotification on Outsourcing for Capital Market Services Licence Holders
The Securities Commission Malaysia issued this notification form requiring Capital Market Services Licence Holders to confirm that their outsourcing arrangements comply with securities laws and regulations. The document mandates that licensees provide details on the outsourced functions, justify any outsourcing to providers outside Malaysia, and declare satisfaction with the service provider's capability and capacity. It serves as a formal declaration by the Chief Executive Officer or Executive Director that all submitted information is true, accurate, and supported by continuous compliance measures.
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