243 5.2 Securities Commission (SC)


By the end of this sub unit, you should be able to:

1. Explain the functions of SC.

2. Describe the various divisions of SC.

3. Explain corporate governance principles in SC.

4. Describe the complaint lodgement process to SC.



The Malaysian capital market is regulated by the Securities Commission of Malaysia (SC). It was established on 1 March 1993 under the Securities Commission Act 1993. The SC is a self-funding statutory body with investigative and enforcement powers. It also serves to develop the securities market in Malaysia other than providing market integrity. The SC is also the sole regulatory body for the approval of the establishment of unit trust schemes. It reports to the Minister of Finance and its accounts and annual reports are tabled in the Parliament annually. It is funded by levy on transactions and filing fees of corporations.


Organisation chart of SC

Figure 5.2 Organisation chart of SC
(Source: The Securities Commision website)


BCS 202/05 Corporate Compliance Management Copyright © 2011 by Wawasan Open University. All Rights Reserved.


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