CCM SC Bursa Malaysia

The CCM is a statutory body The SC was established under Bursa Malaysia Berhad is an
formed under the Companies the Securities Commission exchange holding company
Commission of Malaysia Act 2001 Malaysia Act 1993. approved under Section 15 of
which regulates companies and the CMSA.
businesses.
The Companies Commission of Established on 1 March 1993 Bursa Malaysia is the frontline
Malaysia (SSM) is a statutory body under the Securities regulator of the Malaysian
formed as a result of a merger Commission Act 1993, the SC is capital market and has the duty
between the Registrar of a self-funding statutory body to maintain a fair and orderly
Companies (ROC) and the with investigative and market in the securities and
Registrar of Businesses (ROB) in enforcement powers. It derivatives that are traded
Malaysia which regulates reports to the Minister of through its facilities.
companies and businesses. SSM Finance and its accounts are
came into operation on 16 April tabled in Parliament annually.
2002.
The CCM serves as an agency to Its functions include Bursa operates a fully-integrated
incorporate and register encouraging and promoting exchange, offering a
businesses. the development of the capital comprehensive range of
markets in Malaysia through exchange-related facilities
the regulation of all matters including listing, trading,
relating to the securities clearing, settlement and
industry. depository services.
The main activity of SSM is to The SC’s many regulatory As an integrated exchange,
serve as an agency to incorporate functions include: Bursa Malaysia also has the duty
companies and register to ensure orderly dealings in the
businesses as well as to provide Supervising exchanges, securities deposited with Bursa
company and business clearing houses and central Malaysia, and orderly, clear and
information to the public. As the depositories; efficient clearing and settlement
leading authority for the Registering authority for arrangements for transactions
improvement of corporate prospectuses of corporations cleared and settled through its
governance, SSM fulfils its other than unlisted facilities. In furtherance of these
function to ensure compliance recreational clubs; duties, Bursa Malaysia has put in
with business registration and Approving authority for place a comprehensive and
corporate legislation through corporate bond issues; effective regulatory and
comprehensive enforcement and Regulating all matters relating supervisory framework to
monitoring activities so as to to securities and derivatives regulate the market and its
sustain positive developments in contracts; participants, including the listed
the corporate and business Regulating the take-overs and issuers and their directors and
sectors of the Nation. mergers of listed corporations, advisers, Participating
public companies, and entities Organisations, Trading
as specified by the SC; Participants, Clearing
Regulating all matters relating Participants, Authorised
to unit trust schemes; Depository Agents and
Licensing and supervising all Authorised Direct Members.
licensed persons;
Encouraging self-regulation;
and
Ensuring proper conduct of
market institutions and
licensed persons.
 Underpinning all these
functions is the SC’s ultimate
responsibility of protecting the
investor. Apart from
discharging its regulatory
functions, the SC is also obliged
by statute to encourage and
promote the development of
the securities and derivatives
markets in Malaysia.

The CCM ensures compliance with
the Companies Act, which
regulates all aspects of locally
incorporated companies,
including instances of sale,
conveyance and transmission of
its securities as well as substantial
acquisitions or disposals of a
company's business (assets and
liabilities).
The SC has wide rule-making
and enforcement powers
which include regulating Code
Takeovers and ensuring
compliance with the provisions
of securities laws, including the
CMSA and the Code.
Bursa Malaysia Securities
Berhad or Bursa, a wholly owned
subsidiary of Bursa Malaysia
Berhad, is the main regulator
with the primary responsibility
to oversee compliance by listed
companies with the Listing
Requirements.