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Ministry of Finance wants new leap market measures to be ready by early next year

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Securities Commission Malaysia News

Ministry Of Finance,Leap Market Measures

KUALA LUMPUR, May 23 — The Ministry of Finance (MoF) has instructed the Securities Commission Malaysia (SC) to further recalibrate the Leap Market to address the issue of...

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Finance Minister II Datuk Seri Amir Hamzah Azizan said the measures to revitalise the LEAP market should be ready by early next year. “The SC should also look into allowing alternative renumeration methods for advisers, such as payment in shares to manage the cashflow requirements of listed companies, with effective safeguards in place to manage conflicts of interest,” he said.

Amir Hamzah also said that Capital Markets Malaysia, an affiliate of the SC, would be issuing Simplified Environmental, Sustainability and Governance Disclosure Sector Guides that feature enhanced disclosures for five significant sectors in Malaysia’s economy.

Source: News Formal (newsformal.com)

Ministry Of Finance Leap Market Measures

 

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