Financial Services
10th Revision of the Guidelines on Recognized Markets
On 19 April 2023, the 10th Revision of the Guidelines on Recognized
Markets was issued by the Securities Commission Malaysia
(“SC”) which introduces a new chapter on requirements
relating to application for certification in respect of tax
exemptions for investment made in an investee company. There were
also editorial amendments to enhance clarity in the Guidelines. The
new additions to the Guidelines can be found in Chapter 18,
Paragraphs 19.01 and 19.02, Appendix 2 and 3.
SC announces new E-Payment platform
The SC has announced a new electronic payment hub
(“ePATH”) which has officially launched on 1 May 2023.
Through e-PATH, the SC aims to provide a more seamless and secure
way for market participants and the public to make online payments
to the SC. The e-PATH link is https://path.sc.com.my/index.php.
