Securities Commission Act 1993 Malaysia
Before sc was established few agencies was overseeing.
Securities commission act 1993 malaysia. 1 march 1993 p u. We facilitate a vibrant and collaborative environment which generates and protects wealth and creates value for all. The securities commission malaysia abbreviated sc a statutory body entrusted with the responsibility of regulating and systematically developing the capital markets in malaysia. Securities commission officially established on 1st march 1993 under the securities commission act 1993.
Perpustakaan negara malaysia cataloguing in publication data securities commission act 1993 act 498. And a power to specify includes the power to specify differently for different persons or different. It reports to the minister of finance and its accounts are tabled in parliament annually. Specify where no manner of specifying is mentioned means specify from time to time in writing.
Stock exchanges law and legislation malaysia. Futures law and legislation malaysia. Securities laws means the securities industry act 1983 the securities industry central depositories act 1991 the securities commission act 1993 act 498 and the futures industry act 1993. Part iv issues of securities and take overs and mergers division 2 take overs mergers and compulsory acquisitions.
Securities commission 13 laws of malaysia act 498 securities commission act 1993 an act to establish the securities commission and to provide for matters connected therewith and incidental thereto. Prior to that securities regulation in malaysia was governed by companies act 1965 securities industry act 1973. B 571 1999 be it enacted by the seri paduka baginda yang di pertuan agong with the. B 57 1993 be it enacted by the seri paduka baginda yang di pertuan agong with the advice and consent of the dewan negara and.
Securities commission malaysia act 1993 an act to establish the securities commission malaysia and to provide for matters connected therewith and incidental thereto. N to promote and maintain the integrity of all licensed persons in the securities and futures industries. Act 498 securities commission act 1993. Significantly for investor protection streamlined and cost effective regulation.
2 repealed by act a987 s 2 3 the commission shall have the functions and powers conferred upon it by or under the securities laws. Securities commission malaysia act 1993 incorporating latest amendment up to 24 november 2017 pdf securites commission act 1993 pdf capital markets and services act 2007 order schedule regulation amendments appointment of date of coming into operation. 1 march 1993 p u. 1 in this division acquirer means.
The need for central regulatory agency.