Reviews of Malacca Securities Sdn Bhd
This is page 31 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.
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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。
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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.
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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.
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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.
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Help Center ΓÇö Test Scenario 031
In this fictional five-star UI review, help article categories and support directory the presentation provides a polished, organized experience. No real account, trade, or customer experience is claimed.
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Poor Mobile Navigation ΓÇö Demo 004
The fictional user cannot confidently understand the proposed mobile navigation. The scenario requires clear, prominent explanations of small-screen tabs and menus before it is usable. This note is for demo interface and sentiment testing only.
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Excellent Fee Disclosure Layout ΓÇö Demo 097
This fictional usability example highlights a particularly clear fees page. The treatment of cost definitions and comparison examples makes this a strong example of readable financial UI. It does not describe verified service performance.
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Portfolio Display ΓÇö Test Scenario 132
For a positive interface test case, portfolio summary layout and position labels the presentation provides a polished, organized experience. Created solely for testing interface and rating displays.
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Excellent Educational Resources ΓÇö Demo 036
The mockup assessment finds the learning center especially intuitive and well presented. The emphasis on beginner guides and explanations supports a smoother informational experience. This is simulated copy, not a report from a customer.
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Poor Content Discoverability ΓÇö Demo 055
The hypothetical presentation of the website navigation is unnecessarily confusing. The scenario requires clear, prominent explanations of finding key information quickly before it is usable. This is simulated copy, not a report from a customer.
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Excellent Research Pages ΓÇö Demo 011
As a five-star test scenario, the research section has an excellent information hierarchy. Clear labeling around reports and supporting sources is a highlight of the design concept. This is simulated copy, not a report from a customer.
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Mixed Security Guidance ΓÇö Demo 028
The security help pages looks acceptable as a basic interface concept. The treatment of login protection and account-safety instructions needs clearer language and more examples. It does not describe verified service performance.
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Good Market Data Labels ΓÇö Demo 078
The market data displays seems thoughtfully organized in this test scenario. More examples involving timestamps and data descriptions would raise the clarity further. No actual brokerage usage or transaction is asserted.
demo_ms5_119_9744
Accessibility Design ΓÇö Test Scenario 119
For a five-star sentiment fixture, text contrast and navigational clarity the labels and sections offer an appealing visual structure. No real account, trade, or customer experience is claimed.
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Excellent Chart Layout ΓÇö Demo 062
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. No actual brokerage usage or transaction is asserted.
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Corporate Details ΓÇö Test Scenario 057
In a hypothetical design walkthrough, entity descriptions and verification references the labels and sections offer an appealing visual structure. Created solely for testing interface and rating displays.
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Excellent Corporate Information ΓÇö Demo 111
For interface testing, the company information section stands out as easy to understand. The emphasis on company details and verification references supports a smoother informational experience. This note is for demo interface and sentiment testing only.
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Excellent Chart Layout ΓÇö Demo 092
This fictional usability example highlights a particularly clear chart workspace. Clear labeling around timeframes and indicators is a highlight of the design concept. This is simulated copy, not a report from a customer.
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Portfolio Display ΓÇö Test Scenario 032
For a positive interface test case, portfolio summary layout and position labels the interface concept has strong information hierarchy. No real account, trade, or customer experience is claimed.
demo_chart_62613
Excellent Market Data Labels ΓÇö Demo 048
For interface testing, the market data displays stands out as easy to understand. The emphasis on timestamps and data descriptions supports a smoother informational experience. This note is for demo interface and sentiment testing only.
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Mixed Risk Disclosures ΓÇö Demo 008
The risk information looks acceptable as a basic interface concept. A guided walkthrough of warnings and product-specific explanations would improve the overall experience. No actual brokerage usage or transaction is asserted.
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Good Market Overview ΓÇö Demo 063
The market overview seems thoughtfully organized in this test scenario. More examples involving market summaries and price panels would raise the clarity further. No actual brokerage usage or transaction is asserted.
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Excellent Funding Guides ΓÇö Demo 084
As a five-star test scenario, the funding information pages has an excellent information hierarchy. The emphasis on deposit and withdrawal instructions supports a smoother informational experience. This is simulated copy, not a report from a customer.