Regulatory Alerts2016-04-13
Guidelines on Recognized Markets
The Securities Commission Malaysia issued these guidelines to establish the registration criteria, ongoing obligations, and regulatory framework for recognized market operators under the Capital Markets and Services Act 2007. The document mandates that operators demonstrate fit and proper status, maintain adequate resources, and adhere to continuous compliance, reporting, and risk management requirements. It further specifies additional regulatory provisions for entities offering Islamic capital market products and those operating as crowdfunding platforms.
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