The exchange company Bursa Malaysia Bhd today issued a consultation paper seeking public feedback by mid February next year on the proposed amendments aimed at facilitating Bursa’s move towards further digitisation in the issuance of securities account statements (CDS statements) as part of the exchange’s broader commitment toward environmental sustainability, according to a press statement dated Dec 26.
The proposed amendments to the Rules of Bursa Malaysia Depository Sdn Bhd (Depository) include making CDS statements available through the MyBURSA portal for greater accessibility and convenience for all depositors, while hard copies of CDS statements will be available for a fee or under exceptional circumstances to specified depositors.
The proposed amendments require all issuers whose securities remain deposited with the Depository to keep their information up to date, all parties subject to the Depository Rules to provide accurate and complete information to the Depository, in order to ensure the highest standard of data integrity and transparency.
Bursa said it welcomes views and feedback from the public on the proposed amendments by February 14, 2025.
