SC to spearhead further reforms in capital markets

KUALA LUMPUR: The Securities Commission (SC) has been tasked by Finance Minister Datuk Seri Anwar Ibrahim to spearhead further reforms and advancements to the capital markets moving forward.

Anwar wrote this in the foreword for a book titled “Capital Market in Malaysia – Past, Present & Future” which was launched earlier today in conjunction with the SC’s 30th anniversary this year.

The reforms should ensure a dynamic, attractive, and investor-friendly capital market, he noted.

The Sultan of Perak Darul Ridzuan, His Royal Highness Sultan Nazrin Muizzuddin Shah Ibni Almarhum Sultan Azlan Muhibbuddin Shah Al-Magfur-Lah today launched the book which provides readers with an insight of the workings of the market and its regulator since 1993.

The book also offers glimpses of evolving global trends that will help shape the Malaysian market for the near future and gives future generations a reference to the past as well.

In his Royal Address, the Sultan of Perak said, “This book really pays tribute to the power of the team – to the way in which individual minds, voices and talents have come together across the decades, to build the SC into an internationally celebrated regulatory body.”

The 420-page book is written by journalist Jennifer Jacobs and was based on fresh interviews and conversations with all the former and current SC Chairpersons, past and current SC senior management, industry experts, scholars, other regulators, and key stakeholders.