Capital markets and services bill withdrawn | The Malaysian Insight

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Capital markets and services bill withdrawn

Deputy Finance Minister II Steven Sim Chee Keong moves motion to withdraw the Capital Markets and Services Bill 2023. – Parliament handout, June 14, 2023.

The motion to withdraw the bill was put forward by Deputy Finance Minister II Steven Sim Chee Keong to Dewan Rakyat Speaker Johari Abdul. Amending section 21 would enable regulatory subsidiaries to have the power to take action without preventing other subsidiaries from taking action when needed as well as allowing the Securities Commission to change, add or cancel estimates made.

 

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