World BankInternational Monetary Fund2013-10-022013-10-022013-02https://hdl.handle.net/10986/16025The 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.en-USCC BY 3.0 IGOACCESS TO INFORMATIONACCOUNTINGACCOUNTING FRAMEWORKACCOUNTING STANDARDACCOUNTING STANDARDSASSET VALUEASSET-BACKED SECURITIESAUDIT STANDARDSBANKRUPTCYBANKRUPTCY LEGISLATIONBIDBONDBOND MARKETBOND TRADINGBONDSBROKERAGEBROKERAGE FIRMSBUDGETINGCAPITAL ADEQUACYCAPITAL MARKETCAPITAL MARKET ACTIVITIESCAPITAL MARKETSCAPITAL MARKETS DEVELOPMENTCAPITAL REQUIREMENTSCASH RESERVESCENTRAL BANKCENTRAL DEPOSITORIESCENTRAL DEPOSITORYCENTRAL SECURITIES DEPOSITORYCHECKSCLAIMANTCLEARING HOUSECLEARING HOUSESCOLLECTIVE INVESTMENTCOMMERCIAL BANKSCOMPENSATION FUNDSCONFLICT OF INTERESTCONFLICTS OF INTERESTCORPORATE DEBTCORPORATE DEBT SECURITIESCORPORATE FINANCECORPORATE GOVERNANCECORPORATE LAWCREDIT RATINGCREDIT RATING AGENCIESCREDIT RATING AGENCYDEBENTURESDEBTDEBT ISSUESDEBT SECURITIESDEFAULT RISKDEPOSITDEPOSITORY SERVICESDERIVATIVEDERIVATIVESDERIVATIVES EXCHANGEDERIVATIVES EXCHANGESDERIVATIVES MARKETSDISPUTE RESOLUTIONEMERGING MARKETSENFORCEMENT POWERSENTRY REQUIREMENTSEQUITY MARKETEQUITY MARKET CAPITALIZATIONEQUITY MARKETSEQUITY SECURITIESEXPENDITURESFINANCIAL CRISISFINANCIAL INFORMATIONFINANCIAL INSTITUTIONFINANCIAL INSTITUTIONSFINANCIAL MARKETFINANCIAL MARKETSFINANCIAL SECTORFINANCIAL STABILITYFINANCIAL STATEMENTSFINANCIAL SUPPORTFINANCIAL SYSTEMFOREIGN CURRENCYFOREIGN EXCHANGEFOREIGN INVESTORSFUND MANAGEMENTFUND MANAGERFUTURESFUTURES CONTRACTFUTURES CONTRACTSGOVERNMENT BONDSGOVERNMENT SECURITIESHEDGE FUNDHEDGE FUNDSHOLDINGHOLDING COMPANYINFORMATION DISCLOSUREINFORMATION SHARINGINFORMED INVESTORINSIDER TRADINGINSTITUTIONAL INVESTORSINSURANCEINSURANCE COMPANIESINSURANCE PRODUCTSINSURERINTERESTS OF INVESTORSINTERNAL AUDITINTERNATIONAL ACCOUNTING STANDARDINTERNATIONAL ACCOUNTING STANDARDSINTERNATIONAL BANKINTERNATIONAL BEST PRACTICESINTERNATIONAL STANDARDSINVESTMENT BANKINVESTMENT BANKSINVESTMENT MANAGERSINVESTOR EDUCATIONINVESTOR PARTICIPATIONINVESTOR PROTECTIONISLAMIC BANKSISLAMIC BONDSISLAMIC CAPITALISLAMIC CAPITAL MARKETISLAMIC CAPITAL MARKETSISLAMIC FINANCEISLAMIC MARKETSISSUANCEJURISDICTIONLEGAL PROVISIONSLEVIESLIABILITYLIFE INSURANCELIQUIDITYLOCAL MARKETMACROECONOMIC ENVIRONMENTMARKET CAPMARKET CAPITALIZATIONMARKET CAPITALIZATIONSMARKET CONDITIONSMARKET CONFIDENCEMARKET DEVELOPMENTMARKET INFRASTRUCTURESMARKET INTERMEDIARIESMARKET INTERMEDIARYMARKET OVERSIGHTMARKET PARTICIPANTMARKET PARTICIPANTSMARKET SHAREMARKET STABILITYMARKET STRUCTUREMARKET SURVEILLANCEMARKET SURVEILLANCE SYSTEMMARKET TRADESMATURITYMONETARY FUNDMONEY LAUNDERINGMONEY MARKETMONEY MARKETSNET CAPITALOPERATIONAL INDEPENDENCEPORTFOLIOPORTFOLIO MANAGEMENTPORTFOLIO MANAGERPRIVATE SECTOR DEVELOPMENTPRUDENTIAL REGULATIONPUBLIC OFFERINGREAL ESTATEREAL ESTATE INVESTMENTREGULATORREGULATORSREGULATORY AUTHORITIESREGULATORY AUTHORITYREGULATORY FRAMEWORKREGULATORY STRUCTUREREGULATORY SYSTEMREINSURANCERESERVERESERVE FUNDRETAIL INVESTORSRETURNRISK MANAGEMENTRISK MANAGEMENT SYSTEMSSECONDARY MARKETSSECURITIESSECURITIES EXCHANGESECURITIES EXCHANGESSECURITIES INDUSTRYSECURITIES LAWSECURITIES LAWSSECURITIES MARKETSECURITIES MARKETSSECURITIES REGULATIONSELF-REGULATIONSETTLEMENTSETTLEMENT SYSTEMSSHAREHOLDERSHAREHOLDERSSHORT-TERM DEBTSTOCK BROKERSTOCK BROKERSSTOCK EXCHANGESTOCK MARKETSUKUKSUPERVISION OF BANKSSUPERVISORY AUTHORITYSYSTEMIC RISKTRADINGTRADING PLATFORMTRADING SYSTEMTRADING SYSTEMSTRANSACTIONTRANSPARENCYTREASURYTRUST FUNDTRUST FUNDSTRUSTEEUNDERWRITERVALUATIONWARRANTSWorld Bank10.1596/16025