We have clear, comprehensive and accessible rules which govern, among others, the listing of issuers and products on our markets, and the obligations of the issuers post-listing, the trading, clearing and settlement of our products, the admission and post admission obligations of our participants.
As the frontline regulator of the Malaysian capital market, we have a duty to maintain a fair and orderly market in the securities and derivatives that are traded through its facilities. The regulatory functions of the Exchange are performed and managed by the Regulation Functional Group which is helmed by the Chief Regulatory Officer.
In striving to build a market of quality and integrity, we are guided by the 10 Regulatory Principles to achieve the following goals: investor protection; high standards of business conduct by listed issuers and brokers; and efficient and effective regulation.
Our underlying philosophy in managing market orderliness lies in addressing market misconduct. We consider both quantitative and qualitative criteria when deciding on the appropriate policies, approaches and actions to be taken to address market orderliness.
We are committed to improve the standards of disclosure among Listed Issuers to promote greater transparency in the market and to strengthen investor protection.
We have a structured and systematic monitoring mechanism in place for monitoring and supervising compliance by Participating Organisations and Trading Participants.
We take a very strict view of breaches to our Business Rules and Listing Requirements andundertake enforcement proceedings and actions according to the severity of the breach as these infractions have the potential to undermine investors' rights and protection.
We are committed towards establishing and maintaining high standards of corporate governance amongst Listed Issuers as part of our efforts to enhance market quality.
We continue to place greater emphasis on market education in the form of training, dialogues, conferences and direct engagements with our Listed Issuers and Brokers.