Financial Sector Assessment Program : Malaysia - IOSCO Objectives and Principles of Securities Regulation

The Securities Commission Malaysia (SC), as the supervisor of the capital markets, has developed a robust supervisory framework that exhibits high levels of implementation of the International Organization of Securities Commissions Objectives and Principles of Securities Regulation (IOSCO Principles) in most areas. The SC's independence will be buttressed by some changes to the legal provisions on removal of commission members and to protections given to the members of the commission and to its staff. The disclosure deadlines for issuers and their substantial shareholders should be adjusted to reflect international best practices. The new frameworks for oversight of credit rating agencies (CRAs) and the Federation of Investment Managers Malaysia (FIMM) should be implemented in full by carrying out on-site inspections as presently planned. At this stage in the jurisdiction's development, consideration should also be given to putting in place the pre-conditions that will enable the SC to ease up gradually on the intensity of its direct involvement in the day-to-day operations of the capital market and its participants.

Bibliographic Details

Main Authors:	World Bank, International Monetary Fund
Format:	Financial Sector Assessment Program (FSAP) biblioteca
Language:	English en_US
Published:	World Bank, Washington, DC 2013-02
Subjects:	ACCESS TO INFORMATION, ACCOUNTING, ACCOUNTING FRAMEWORK, ACCOUNTING STANDARD, ACCOUNTING STANDARDS, ASSET VALUE, ASSET-BACKED SECURITIES, AUDIT STANDARDS, BANKRUPTCY, BANKRUPTCY LEGISLATION, BID, BOND, BOND MARKET, BOND TRADING, BONDS, BROKERAGE, BROKERAGE FIRMS, BUDGETING, CAPITAL ADEQUACY, CAPITAL MARKET, CAPITAL MARKET ACTIVITIES, CAPITAL MARKETS, CAPITAL MARKETS DEVELOPMENT, CAPITAL REQUIREMENTS, CASH RESERVES, CENTRAL BANK, CENTRAL DEPOSITORIES, CENTRAL DEPOSITORY, CENTRAL SECURITIES DEPOSITORY, CHECKS, CLAIMANT, CLEARING HOUSE, CLEARING HOUSES, COLLECTIVE INVESTMENT, COMMERCIAL BANKS, COMPENSATION FUNDS, CONFLICT OF INTEREST, CONFLICTS OF INTEREST, CORPORATE DEBT, CORPORATE DEBT SECURITIES, CORPORATE FINANCE, CORPORATE GOVERNANCE, CORPORATE LAW, CREDIT RATING, CREDIT RATING AGENCIES, CREDIT RATING AGENCY, DEBENTURES, DEBT, DEBT ISSUES, DEBT SECURITIES, DEFAULT RISK, DEPOSIT, DEPOSITORY SERVICES, DERIVATIVE, DERIVATIVES, DERIVATIVES EXCHANGE, DERIVATIVES EXCHANGES, DERIVATIVES MARKETS, DISPUTE RESOLUTION, EMERGING MARKETS, ENFORCEMENT POWERS, ENTRY REQUIREMENTS, EQUITY MARKET, EQUITY MARKET CAPITALIZATION, EQUITY MARKETS, EQUITY SECURITIES, EXPENDITURES, FINANCIAL CRISIS, FINANCIAL INFORMATION, FINANCIAL INSTITUTION, FINANCIAL INSTITUTIONS, FINANCIAL MARKET, FINANCIAL MARKETS, FINANCIAL SECTOR, FINANCIAL STABILITY, FINANCIAL STATEMENTS, FINANCIAL SUPPORT, FINANCIAL SYSTEM, FOREIGN CURRENCY, FOREIGN EXCHANGE, FOREIGN INVESTORS, FUND MANAGEMENT, FUND MANAGER, FUTURES, FUTURES CONTRACT, FUTURES CONTRACTS, GOVERNMENT BONDS, GOVERNMENT SECURITIES, HEDGE FUND, HEDGE FUNDS, HOLDING, HOLDING COMPANY, INFORMATION DISCLOSURE, INFORMATION SHARING, INFORMED INVESTOR, INSIDER TRADING, INSTITUTIONAL INVESTORS, INSURANCE, INSURANCE COMPANIES, INSURANCE PRODUCTS, INSURER, INTERESTS OF INVESTORS, INTERNAL AUDIT, INTERNATIONAL ACCOUNTING STANDARD, INTERNATIONAL ACCOUNTING STANDARDS, INTERNATIONAL BANK, INTERNATIONAL BEST PRACTICES, INTERNATIONAL STANDARDS, INVESTMENT BANK, INVESTMENT BANKS, INVESTMENT MANAGERS, INVESTOR EDUCATION, INVESTOR PARTICIPATION, INVESTOR PROTECTION, ISLAMIC BANKS, ISLAMIC BONDS, ISLAMIC CAPITAL, ISLAMIC CAPITAL MARKET, ISLAMIC CAPITAL MARKETS, ISLAMIC FINANCE, ISLAMIC MARKETS, ISSUANCE, JURISDICTION, LEGAL PROVISIONS, LEVIES, LIABILITY, LIFE INSURANCE, LIQUIDITY, LOCAL MARKET, MACROECONOMIC ENVIRONMENT, MARKET CAP, MARKET CAPITALIZATION, MARKET CAPITALIZATIONS, MARKET CONDITIONS, MARKET CONFIDENCE, MARKET DEVELOPMENT, MARKET INFRASTRUCTURES, MARKET INTERMEDIARIES, MARKET INTERMEDIARY, MARKET OVERSIGHT, MARKET PARTICIPANT, MARKET PARTICIPANTS, MARKET SHARE, MARKET STABILITY, MARKET STRUCTURE, MARKET SURVEILLANCE, MARKET SURVEILLANCE SYSTEM, MARKET TRADES, MATURITY, MONETARY FUND, MONEY LAUNDERING, MONEY MARKET, MONEY MARKETS, NET CAPITAL, OPERATIONAL INDEPENDENCE, PORTFOLIO, PORTFOLIO MANAGEMENT, PORTFOLIO MANAGER, PRIVATE SECTOR DEVELOPMENT, PRUDENTIAL REGULATION, PUBLIC OFFERING, REAL ESTATE, REAL ESTATE INVESTMENT, REGULATOR, REGULATORS, REGULATORY AUTHORITIES, REGULATORY AUTHORITY, REGULATORY FRAMEWORK, REGULATORY STRUCTURE, REGULATORY SYSTEM, REINSURANCE, RESERVE, RESERVE FUND, RETAIL INVESTORS, RETURN, RISK MANAGEMENT, RISK MANAGEMENT SYSTEMS, SECONDARY MARKETS, SECURITIES, SECURITIES EXCHANGE, SECURITIES EXCHANGES, SECURITIES INDUSTRY, SECURITIES LAW, SECURITIES LAWS, SECURITIES MARKET, SECURITIES MARKETS, SECURITIES REGULATION, SELF-REGULATION, SETTLEMENT, SETTLEMENT SYSTEMS, SHAREHOLDER, SHAREHOLDERS, SHORT-TERM DEBT, STOCK BROKER, STOCK BROKERS, STOCK EXCHANGE, STOCK MARKET, SUKUK, SUPERVISION OF BANKS, SUPERVISORY AUTHORITY, SYSTEMIC RISK, TRADING, TRADING PLATFORM, TRADING SYSTEM, TRADING SYSTEMS, TRANSACTION, TRANSPARENCY, TREASURY, TRUST FUND, TRUST FUNDS, TRUSTEE, UNDERWRITER, VALUATION, WARRANTS,
Online Access:	http://documents.worldbank.org/curated/en/2013/02/18015236/malaysia-international-organization-securities-commissions-iosco-objectives-principles-securities-regulation-detailed-assessment-implementation http://hdl.handle.net/10986/16025
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