Regulatory Alerts2018-01-05
Guidelines on Compliance Function for Fund Management Companies
The Securities Commission Malaysia issued these guidelines to establish compliance requirements for fund management companies under the Capital Markets and Services Act 2007. The document mandates that Boards of Directors and Compliance Officers implement robust internal controls, risk management frameworks, and conflict of interest policies to protect investor assets. It further specifies operational standards for client dealings, disclosure obligations, outsourcing, and additional requirements for digital investment management services.
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