Regulatory Alerts2006-01-25
Guidelines on the Registration of Bond Pricing Agencies
The Securities Commission of Malaysia issued these guidelines to establish the regulatory framework for registering entities as bond pricing agencies. Applicants must satisfy strict criteria including a minimum RM10 million in shareholders' funds, indemnity insurance, and the employment of qualified specialists to ensure independent and objective daily pricing. The document further mandates continuous compliance, detailed reporting obligations, and outlines the procedures for registration revocation if standards are not maintained.
Share