Reviews of Malacca Securities Sdn Bhd
This is page 20 of 31 of the reviews SmartChecker holds for Malacca Securities Sdn Bhd. What the public registers say about the company is set out on its record page, not here.
What does SmartChecker make of Malacca Securities?SmartChecker 怎么看 Malacca Securities？Apa pandangan SmartChecker tentang Malacca Securities?
Written by Pang Hui JuanDirector of Online Broker Research
Fact-checked by Ng Kok HeiManaging Malaysian Partner
Fact-checked
I’ve been looking into Malacca Securities, one of Malaysia’s established stockbroking firms.
Its established position in the local stockbroking industry is a strength. It is a Participating Organisation of Bursa Malaysia and provides access to Malaysian equities, online trading and Shariah-compliant stockbroking through Bursa Malaysia-i.
Read the full reviewShow less
Investors should also understand its regulatory history. In September 2022, the Securities Commission Malaysia (SC) took administrative action against Malacca Securities Sdn Bhd for two breaches of its Anti-Money Laundering and Counter-Terrorism Financing (AML/CFT) Guidelines. The issues included inadequate ongoing customer due diligence and account monitoring, and failures involving risk reclassification and suspicious transaction reporting. The SC issued a reprimand for each breach and a total penalty of RM220,000. Its review application was dismissed in February 2023.
An earlier AML/CFT-related action followed in July 2020. The SC found that Malacca Securities had not responded in time to certain law-enforcement orders under the Anti-Money Laundering Act. It reprimanded the company and directed it to allocate at least RM200,000 to strengthen compliance systems, monitoring, controls and staff training.
Separately, some individuals associated with Malacca Securities have faced disciplinary action for trading-related misconduct. Individual cases must be distinguished from findings against the company and should not automatically be attributed to it.
Overall, Malacca Securities is a locally established, regulated stockbroking firm with access to Bursa Malaysia and Islamic stockbroking services. Its regulatory record also shows past AML/CFT compliance issues. Regulation provides the framework. Transparency provides confidence. Due diligence remains every investor’s responsibility.
Malacca Securities 是马来西亚较成熟的股票经纪公司，也是 Bursa Malaysia Participating Organisation，提供马来西亚股票、网上交易及 Bursa Malaysia-i 的伊斯兰股票经纪服务。
2022 年 9 月，SC 因两项 AML/CFT 指引违规对 Malacca Securities Sdn Bhd 采取行政行动，涉及持续客户尽职调查、账户监控、风险重新分类和可疑交易报告。SC 对每项违规作出谴责，合计罚款 RM220,000；复核申请于 2023 年 2 月被驳回。
阅读完整点评收起
2020 年 7 月另有一项 AML/CFT 行动。SC 指公司未及时回应执法机构根据反洗钱法发出的若干命令，并要求至少拨出 RM200,000 加强合规系统、监控、控制和员工培训。
与公司有关联的个别人士也曾因交易行为受纪律处分，但个人案件必须与针对公司的监管结论分开。
整体而言，它是本地受监管、可接入 Bursa Malaysia 的股票经纪公司，同时也有过去的 AML/CFT 合规纪录。投资者应结合监管、透明度和自身尽职调查作出判断。
Saya telah meneliti Malacca Securities, salah sebuah firma pembrokeran saham yang mapan di Malaysia.
Kedudukannya yang mapan dalam industri pembrokeran saham tempatan ialah satu kekuatan. Ia merupakan Participating Organisation Bursa Malaysia dan menyediakan akses kepada ekuiti Malaysia, dagangan dalam talian serta pembrokeran saham patuh Syariah menerusi Bursa Malaysia-i.
Baca ulasan penuhTunjuk kurang
Pelabur juga perlu memahami sejarah kawal selianya. Pada September 2022, Securities Commission Malaysia (SC) mengambil tindakan pentadbiran terhadap Malacca Securities Sdn Bhd bagi dua pelanggaran Garis Panduan Pencegahan Pengubahan Wang Haram dan Pembiayaan Keganasan (AML/CFT). Isunya termasuk usaha wajar pelanggan dan pemantauan akaun yang berterusan tetapi tidak mencukupi, serta kegagalan berkaitan pengelasan semula risiko dan pelaporan transaksi mencurigakan. SC mengeluarkan teguran bagi setiap pelanggaran dan penalti berjumlah RM220,000. Permohonan semakannya ditolak pada Februari 2023.
Satu lagi tindakan berkaitan AML/CFT berlaku lebih awal, pada Julai 2020. SC mendapati Malacca Securities tidak membalas dalam masa yang ditetapkan terhadap perintah penguatkuasaan undang-undang tertentu di bawah Akta Pencegahan Pengubahan Wang Haram. SC menegurnya dan mengarahkannya memperuntukkan sekurang-kurangnya RM200,000 untuk mengukuhkan sistem pematuhan, pemantauan, kawalan dan latihan kakitangan.
Secara berasingan, beberapa individu yang dikaitkan dengan Malacca Securities pernah menghadapi tindakan tatatertib kerana salah laku berkaitan dagangan. Kes individu mesti dibezakan daripada dapatan terhadap syarikat dan tidak harus dikaitkan dengannya secara automatik.
Secara keseluruhan, Malacca Securities ialah firma pembrokeran saham tempatan yang mapan dan dikawal selia, dengan akses kepada Bursa Malaysia dan perkhidmatan pembrokeran saham Islam. Rekod kawal selianya juga menunjukkan isu pematuhan AML/CFT pada masa lalu. Kawal selia menyediakan rangka kerjanya. Ketelusan memberikan keyakinan. Usaha wajar kekal menjadi tanggungjawab setiap pelabur.
Official sources
Reviews are written by SmartChecker members about their own experience and checked against our review rules. No company can pay to add, change or remove one.
Top mentions
All reviews 619 reviews
demo_ms5_133_6987
News Presentation ΓÇö Test Scenario 133
This sample five-star assessment highlights financial news categorization and reading layout the interface concept has strong information hierarchy. Created solely for testing interface and rating displays.
research_pulse_17425
Good Chart Layout ΓÇö Demo 032
There is a lot to like about the proposed chart workspace structure. Information about timeframes and indicators is visible, although a few tooltips would improve it. This note is for demo interface and sentiment testing only.
market_trend_63409
Excellent Language Clarity ΓÇö Demo 107
This fictional usability example highlights a particularly clear interface copy. Clear labeling around terminology and short explanations is a highlight of the design concept. This is simulated copy, not a report from a customer.
demo_ms5_107_9667
Fee Disclosures ΓÇö Test Scenario 107
In a hypothetical design walkthrough, fee table arrangement and terminology the design concept prioritizes readability and logical navigation. No real account, trade, or customer experience is claimed.
pulse_data_56635
Mixed Watchlist Organization ΓÇö Demo 001
This neutral test assessment finds the watchlist usable but somewhat limited. The treatment of saved instruments and groups needs clearer language and more examples. This note is for demo interface and sentiment testing only.
equity_ticker_53183
Good Language Clarity ΓÇö Demo 017
The demo layout of the interface copy is generally easy to follow. Information about terminology and short explanations is visible, although a few tooltips would improve it. This note is for demo interface and sentiment testing only.
capital_pulse_84147
Good Product Definitions ΓÇö Demo 027
The demo layout of the product information pages is generally easy to follow. More examples involving market instruments and trading risk would raise the clarity further. It does not describe verified service performance.
demo_trend_14196
Poor Market Overview ΓÇö Demo 003
This stress-test review finds the market overview lacking clear guidance. A complete redesign of how market summaries and price panels is presented should be considered. This note is for demo interface and sentiment testing only.
ticker_market_34282
Good Responsive Spacing ΓÇö Demo 049
The mobile page layout seems thoughtfully organized in this test scenario. The explanation of readability and touch target sizes could still be slightly more concise. This note is for demo interface and sentiment testing only.
stock_index_36066
Good Dividend Information ΓÇö Demo 053
The test impression of the corporate actions section is mostly favorable. Information about dividend events and notices is visible, although a few tooltips would improve it. This is simulated copy, not a report from a customer.
trend_trend_90721
Excellent Search And Filtering ΓÇö Demo 185
As a five-star test scenario, the instrument search has an excellent information hierarchy. Clear labeling around filters and results is a highlight of the design concept. It does not describe verified service performance.
folio_data_14248
Excellent Portfolio Overview ΓÇö Demo 133
The mockup assessment finds the portfolio dashboard especially intuitive and well presented. The treatment of holdings and allocation visuals makes this a strong example of readable financial UI. No actual brokerage usage or transaction is asserted.
invest_equity_37232
Excellent Watchlist Organization ΓÇö Demo 121
This fictional usability example highlights a particularly clear watchlist. The treatment of saved instruments and groups makes this a strong example of readable financial UI. It does not describe verified service performance.
data_chart_47684
Excellent Mobile Navigation ΓÇö Demo 064
As a five-star test scenario, the mobile navigation has an excellent information hierarchy. The treatment of small-screen tabs and menus makes this a strong example of readable financial UI. This note is for demo interface and sentiment testing only.
finance_chart_85556
Excellent Financial Terminology ΓÇö Demo 029
For interface testing, the glossary stands out as easy to understand. Clear labeling around simple definitions and examples is a highlight of the design concept. No actual brokerage usage or transaction is asserted.
analyst_research_92707
Excellent Chart Layout ΓÇö Demo 212
For interface testing, the chart workspace stands out as easy to understand. Clear labeling around timeframes and indicators is a highlight of the design concept. This is simulated copy, not a report from a customer.
equity_equity_53790
Poor Content Discoverability ΓÇö Demo 025
This one-star test case flags serious clarity problems in the website navigation. The scenario requires clear, prominent explanations of finding key information quickly before it is usable. No actual brokerage usage or transaction is asserted.
demo_ticker_54814
Good Order Ticket Design ΓÇö Demo 012
The demo layout of the order entry screen is generally easy to follow. More examples involving field labels and confirmation steps would raise the clarity further. This is simulated copy, not a report from a customer.
demo_ms5_098_1326
Search Experience ΓÇö Test Scenario 098
This testing entry showcases search fields and result grouping the design concept prioritizes readability and logical navigation. This is demo content, not verified customer feedback.
ticker_signal_25069
Good Corporate Information ΓÇö Demo 051
The demo layout of the company information section is generally easy to follow. More examples involving company details and verification references would raise the clarity further. It does not describe verified service performance.