Question

Define regulatory framework and describe roles of Securities Commission and Bursa Malaysia in regulating corporate governance in Malaysia.

Answer 1

Regulatory Framework: This means any Laws, Policies, Rules, and regulations which are officially introduced by the government and implemented. These serve the purposes of regulating Solid Waste Generation, Collection, Transportation, Recycling, reusing, and disposal methods. All these are controlled or bound by the regulatory guidelines. These also include changes to the law-making revisions and amendments.

Security Commission in Malaysia: The security commission Malaysia was established on 01-03-1993 under the security commission act.

Mission: To promote and maintain fair, efficient, secure and transparent securities and derivatives markets; and facilitate the orderly development of an innovative and competitive capital market

Responsibilities

1. Developing the Capital Market
2. Promoting Innovations and Digital Products through this market
3. Creating a Sustainable financing ecosystem.
4. The proper conduct of market participants
5. Good Governance Practices
6. Facilitating Cross Border regulatory.

Functions:

1. Registering the welfare organizations
2. Approving authority for corporate bond issues
3. Regulating matters related to securities and contracts
4. Mergers of companies
5. Issuing licenses and supervising all licensed persons
6. Maintaining market conditions
7. Ensuring self-regulations
8. To monitor and analyze the risks
9. To promote the welfare of the markets

Hence we can conclude this with the above points