Malaysian
CG Regulatory Framework
What benefits can be obtained through embracing CG?
Premium brands are placed by investors on companies with excellent CG practices
Listed issuers will stand out, be uniquely valuable and distinguished from
their competitors and be attractive to the investing community
The Regulator’s perspective; convergence of CG standards to global best
practices and transparency enables regulatory harmonization which will bring about greater
cross-border activities and investor confidence
Bursa Malaysia’s role in the enhancement of Malaysia’s CG regimeIn recognising and
subscribing to the importance of CG in the context of global capital market, Bursa Malaysia has
taken a leading role in enhancing the standard of the Malaysian CG practices of listed issuers. For
a capital market to be globally competitive and at par with international jurisdiction, it needs to
be recognised as a premier and stable market. The market needs to be regarded as well-regulated
from an investor protection perspective and must meet international benchmarks in terms of
standards of CG practices. As a manifestation of our commitment to elevating the standards of CG of
our listed issuers, we have in April 2008 established a Corporate Governance department. The key
responsibilities of the new department are as follows:-
Formulate short, medium and long term CG policies to achieve high standards of
CG and elevate the country CG rating of Malaysia at the international level
Strategise and implement appropriate measures to enhance standards of CG
amongst listed issuers
Lead all CG related initiatives across divisions of Bursa Malaysia to achieve
high standards of CG
Monitor the standards of CG, review existing plans and execute changes to raise
standards of CG
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