SC - Revised Guidelines on Conduct for Capital Market Intermediaries

On 29 March 2024, the Securities Commission Malaysia (SC) issued the revised Guidelines on Conduct for Capital Market Intermediaries (Guidelines), aimed at elevating standards of professionalism and integrity of capital market intermediaries (CMIs) in the industry.

The revised Guidelines, among others, reinforce the role of a CMI’s board and senior management in inculcating a corporate culture where clients’ interests are prioritised and also clarify the SC’s expectations on CMIs’ duty to act honestly, fairly as well as avoid misleading and deceiving its clients under any circumstances.

The revised Guidelines will come into effect on 1 October 2024 to allow sufficient time for capital market intermediaries to familiarise and make preparations to meet the new requirements of the revised Guidelines.

Please click on the following for further details:

• Media Release
• Revised Guidelines
• FAQs
• Summary of Amendments