Capital market participants to operate per SOPs

Capital market entities under the Securities Commission Malaysia (SC) will operate in accordance with the applicable standard operating procedures (SOPs) issued by the authorities.

The SOPs include measures announced during the recent Movement Control Order (MCO) and Emergency Ordinance. 

This comes after the statement by the Minister of Finance that the capital market remains open during this period as it supports the resilience and recovery of the Malaysian economy. 

Capital market participants (CMPs) will continue to conduct and provide capital market activities and services as essential service providers within the service sector.

These entities include the approved exchanges, licensed entities (CMSL holders), registered persons, Audit Oversight Board registered auditors, self-regulatory organisations, recognised market operators (RMOs), and other capital market-related entities. 

The SC, as the regulatory body overseeing the capital market, is authorised to issue verification letters for CMPs to facilitate the movement of their employees during the MCO period. 

In order to reduce the risk of the spread of Covid-19 in their workplace, capital market companies are reminded to be alert and take all appropriate steps.

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