Bursa Malaysia

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Enforcement

We take a very strict view of breaches to our Business Rules and Listing Requirements and undertake enforcement proceedings and actions according to the severity of the breach as these infractions have the potential to undermine investors’ rights and protection as well as market integrity.

Actions against POs for Supervisory Failures and/or Ineffective Compliance Function

Key Enforcement Cases

Enforcement of Bursa Malaysia Rules: Actions against POs for Supervisory Failures and/or Ineffective Compliance Function

All the Market Participants shall at all times have sufficient supervisory/monitoring programme and internal controls to ensure that they carry on their business activities in a manner as envisaged by the rule requirements and the securities laws. In an effort to ensure POs fulfill their supervisory and compliance functions and adhere to good business practice at all times, Bursa has taken enforcement actions against POs who have failed to:-

  • exercise strict supervision over the overall operation of POs' business activities and the activities of their Registered Persons/employees resulting in misconducts committed by them;

  • implement and/or maintain proper and adequate and/or effective supervisory and compliance system and internal control system resulting in breaches of Securities Laws, rules and the POs' own internal policies and procedures;

  • adhere to good business practice.

Cases

  • 2015
  • Up to 2014