Securities Commission Malaysia

Malaysia regulations

The Securities Commission Malaysia (SC) regulates and develops Malaysia’s capital market. It is a self-funded statutory body set up on 1 March 1993 under the Securities Commission Malaysia Act 1993, and it reports to the Minister of Finance.

SmartChecker links every fact on this page to SC’s own published source.

About Securities Commission Malaysia

The SC oversees Malaysia’s capital market: shares, bonds, sukuk, unit trusts, derivatives and the Islamic capital market. Anyone who deals in securities, manages funds or gives investment advice in Malaysia needs an SC licence or registration.

What it does

  • Licenses and supervises capital market intermediaries such as stockbrokers, fund managers and investment advisers.
  • Supervises the exchanges, clearing houses and central depository.
  • Registers prospectuses, approves corporate bond and sukuk issues, and regulates takeovers and mergers.
  • Makes and enforces the rules under the Securities Commission Malaysia Act 1993, the Capital Markets and Services Act 2007 and the Securities Industry (Central Depositories) Act 1991.

Can you rely on it?

Yes. The SC is the statutory regulator of Malaysia’s capital market, created by an Act of Parliament and answerable to the Minister of Finance. Its list of licensed and registered persons is the authoritative record of who may deal in securities in Malaysia, and its Investor Alert List names unlicensed entities and schemes it has flagged. Check both before you invest.

Source: About the SC

Who runs SC

Board Members

The Securities Commission is governed by its Board, led by a Chairman appointed by the Minister of Finance. Several members hold a senior post elsewhere in Malaysian government or at Bank Negara at the same time.

  • Dato' Mohammad Faiz AzmiChairmanSecurities Commission Malaysia
  • Tan Sri Wee Hoe Soon @ Gooi Hoe SoonMember
  • Datuk Dr Zunika MohamedDeputy Secretary General (Policy)Ministry of Economy
  • Dato' Alizatul Khair Osman KhairuddinMember
  • Datuk Kemal Rizadi ArbiMember
  • Datuk Nik Mohd Hasyudeen YusoffMember
  • Dato' Kamal Azira HassanTreasury Solicitor, Legal DivisionMinistry of Finance
  • Adnan ZaylaniDeputy GovernorBank Negara Malaysia

Source: SC — Board members · as published on , read .

Regulator details

Full name
Securities Commission Malaysia
Short name
SC
Type
Self-funded statutory body
Established
Set up under
Securities Commission Malaysia Act 1993
Reports to
Minister of Finance
Covers
Malaysia’s capital market
Official registers
Licensed and registered persons
Investor Alert List
Investment Checker
Source
About the SC
SmartChecker checked
Website
sc.com.my