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GUIDELINES AND REGULATIONS

Guidelines, Codes and Practice Notes Administered by the SC

The SC constantly reviews existing guidelines and formulates new policies. Here are guidelines and codes we administer:

Anti-money Laundering Offering of Equity and Equity-Linked Securities 

Asset Valuation

 Principal Advisers
Bond Prospectus
Collective Investment Schemes Securities Borrowing & Lending
Due Dilligence Stockbroking
Fund Management Structured Warrants
FIC Applications Take-overs & Mergers
Licensing Venture Capital
    Others

Anti-money Laundering

Guidelines on Prevention of Money Laundering and Terrorism Financing for Capital Market Intermediaries (pdf)
(Date Issued: 31 March 2004)
(Revised Edition: 11 January 2007)

Asset Valuation

Guidelines on Asset Valuations (pdf)
(Effective Date: 1 May 2003)
(Revised Edition: 30 September 2003)
Guidance Note 3: Valuation Reports for Purposes of Bonus Issues (pdf)
(Date Issued: 9 February 2004)
Guidance Note 4: Appointment of Valuer for Valuation of Foreign Property Assets (pdf)
(Date Issued: 18 October 2006)

Bond

Debt Securities
 
Guidelines on Registration of Bond Pricing Agencies (pdf)
(Effective Date: 25 January 2006)

Guidelines on Registration of an Electronic Broking System (pdf)
(Effective Date: 6 January 2006)

Guidelines on the Offering of Structured Products (pdf)
(Revised Edition: 27 April 2007)
(Effective Date: 27 April 2007)  
Guidelines on Dealing in Unlisted Debt Securities by a Universal Broker (pdf)
(Date Issued: 30 October 2002)
Practice Note 1 - Application of the Guidelines to Cross-selling of Unlisted Debt Securities to Eligible Individuals by Dealer's Representatives Not Certified by PPKM (pdf)
(Date Issued: 12 July 2005)
Guidelines on the Offering of Asset-backed Securities (pdf)
(Revised Edition: 26 July 2004)
(Effective Date: 26 July 2004)
Practice Note 1 - Specific Requirements and Disclosure of Information on Primary Collateralised Loan Obligations Transaction (pdf)
(Date Issued: 28 January 2008)
Guidelines on the Offering of Private Debt Securities (pdf)
(Revised Edition - 26 July 2004)
(Effective Date - 26 July 2004)
 
Practice Note 1 - Application of the Guidelines on the Offering of Private Debt Securities to the Issue of, Offer for Subscription or Purchase, or Invitation to Subscribe for or Purchase, Foreign Currency-denominated Private Debt Securities (pdf)
(Revised Edition: 15 September 2005)
Practice Note 1A on Issuance of Foreign Currency-denominated Bonds Malaysia (pdf)
(Date Issued: 27 March 2007)
Practice Note 2 - Application of the Guidelines on the Offering of Private Debt Securities to the Issue, Offer or Invitation of Ringgit-denominated Private Debt Securities by a Multilateral Development Bank or Multilateral Financial Institution in Malaysia (pdf)
(Date Issued: 28 July 2004)
 
Information Note on Issuance of Ringgit-denominated Bonds in Malaysia by Multilateral Development Banks or Multilateral Financial Institutions (pdf)
(Date Issued:31 March 2005)
Practice Note 2A - Application of the Guidelines on the Offering of Private Debt Securities to Foreign Governments and Agencies or Organisations of Foreign Governments (pdf)
(Date Issued: 23 March 2006)

Practice Note 2B – Application of the Guidelines on the Offering of Private Debt Securities to Foreign Multinational Corporations (pdf)
(Date Issued: 6 October 2006)

Practice Note 3 – Application of the Guidelines on the Offering of Private Debt Securities to the Offer, Issue, or Invitation of Negotiable Instruments of Deposit with Tenure of More than Five Years (pdf)
(Date Issued: 6 April 2005)
Practice Note 4 – Application of the Guidelines on the Offering of Private Debt Securities to an Issuance of Commercial Papers or a Combination of Commercial Papers and Medium Term Notes (pdf)
(Date Issued: 24 April 2006)
Guidelines on allowing a person to be appointed or to act as a trustee under subsection 69(2) of the Securities Commission Act 1993 (pdf)
(Date Issued: 17 September 2001)
Guidelines on the Minimum Contents Requirements for Trust Deeds (pdf)
(Date Issued: 1 July 2000)
 
Practice Note 1 - Application of the Guidelines on the Minimum Contents Requirements for Trust Deeds to the Issue, Offer or Invitation of Islamic Securities Under the Guidelines on the Offering of Islamic Securities (pdf)
(Date Issued: 10 November 2004)
Islamic Securities
 
Guidelines on the Offering of Islamic Securities (pdf)
(Date Issued: 26 July 2004)
 
Practice Note 1 - Application of the Guidelines on the Offering of Islamic Securities to the Issue of, Offer for Subscription or Purchase, or Invitation to Subscribe for or Purchase, Foreign Currency-denominated Islamic Securities (pdf)
(Revised Edition: 15 September 2005)
Practice Note 1A on Issuance of Foreign Currency-denominated Islamic Securities or Sukuk in Malaysia (pdf)
(Date Issued: 27 March 2007)
Joint Information Note on the Issuance of Foreign Currency-denominated Bonds and Sukuk in Malaysia (pdf)
(Date Issued: 27 March 2007)
Practice Note 2 - Application of the Guidelines on the Offering of Islamic Securities to the Issue, Offer or Invitation of Ringgit-denominated Islamic Securities by a Multilateral Development Bank or Multilateral Financial Institution in Malaysia (pdf)
(Date Issued: 10 November 2004)
Practice Note 2A - Application of the Guidelines on the Offering of Islamic Securities to Foreign Governments and Agencies or Organisations of Foreign Governments (pdf)
(Date Issued: 23 March 2006)

Practice Note 2B - Application of the Guidelines on the Offering of Islamic Securities to Foreign Multinational Corporations (pdf)
(Date Issued: 6 October 2006)

Practice Note 3 - Application of the Guidelines on the Offering of Islamic Securities to the Issuance of Islamic Negotiable Instruments with Original Tenures of More Than Five Years (pdf)
(Date Issued: 12 December 2005)
Practice Note 4 - Application of the Guidelines on the Offering of Islamic Securities to an Issuance of Islamic Commercial Papers or a Combination of Islamic Commercial Papers and Medium Term Notes (pdf)
(Date Issued: 24 April 2006)
Practice Note on Registration by the Securities Commission for the Purpose of Acting as a Bond Trustee (pdf)
(Date Issued: 12 October 2006)
Practice Note on Recognition of Credit Rating Agencies by the Securities Commission for the Purpose of Rating Bond Issues (pdf)
(Date Issued: 25 January 2006)
Guidance Note on the Secondary Trading of Foreign Currency-denominated Debentures and Foreign Currency-denominated Islamic Securities (pdf)
(Date Issued: 15 September 2005)
Frequently-asked Questions (pdf)

Collective Investment Schemes

Unit Trusts
Guidelines on Unit Trust Funds (pdf)
(Date Issued: 3 March 2008)
Guidelines on Marketing and Distribution of Unit Trust Funds (pdf)
(Date Issued: 3 March 2008)
Guidelines on Unit Trust Advertisement and Promotional Materials (pdf)
(Date Issued: 3 March 2008)
   
Real Estate Investment Trusts
Guidelines on Real Estate Investment Trusts
(Date Issued: 21 August 2008)
 
   

Guidelines on Islamic Real Estate Investment Trusts (pdf)
(Date Issued: 21 November 2005)

 
  • Frequently-asked Questions (pdf)
   
Exchange-Traded Funds
Guidelines on Exchange-Traded Funds (pdf)
(Date Issued: 21 June 2005)
   
Close-End Funds
Guidelines for Public Offerings of Securities of Closed-End Funds (pdf)
(Date Issued: 30 October 1995)
   
Foreign Collective Investment Schemes

Guidelines for the Offering, Marketing and Distribution of Foreign Funds (pdf)
(Revised Edition: 3 March 2008)
   
Prospectus
Prospectus Guidelines for Collective Investment Schemes (pdf)
(Date Issued: January 2008)
   
Others
Guidelines for the Appointment of Related-Party Trustees (pdf)
(Revised Edition: 3 March 2008)
Guidelines on Online Transactions of and Online Activities in Relation to Unit Trusts (pdf)
(Revised Edition: 19 August 2008)
Guide on Areas of Compliance and Internal Controls for Management Company and Trustee (pdf)
(Date Issued: 3 June 2003)
   
Application to SC

Due Dilligence

Guidelines on Due Diligence Conduct for Corporate Proposals (pdf)
(Effective Date: 1 February 2008)
 

FIC Applications

Practice Note 1 (pdf)
(Date Issued: 5 December 2006)
Frequently-asked Questions (pdf)

Fund Management

Guidelines on Islamic Fund Management (pdf)
(Date Issued: 3 December 2007)

Guidelines on Restricted Investment Schemes (pdf)
(Date Issued/Effective: 7 April 2006)

  • Securities Commission RIS Returns Declaration/Verification Form (MS Word)
  • Application for Establishment of a Restricted Investment Scheme (MS Word)
  • Application for Approval of a Foreign Market for Investment by a Restricted Investment Scheme (MS Word)
  • Application for Increase in the Approved Size of a Restricted Investment Scheme (MS Word)
Guidelines on Compliance Function for Fund Managers (pdf)
(Date Issued/Effective: 15 March 2005)

Licensing

Application for Establishment of A New Stockbroking Company (pdf)
(Date Issued: 8 January 2008)
Licensing Handbook
(Effective Date: 28 September 2007)
Guidelines on the Establishment of Foreign Fund Management Companies (pdf)
(Revised Edition: 1 July 2000)

Application for Establishment of Foreign Stockbroking Companies Under the Special Scheme (pdf)
(Effective Date: 1 November 2004)
Guidelines on Reporting Requirements for Fund Managers (pdf)

Licensing Application

Offering of Equity and Equity-Linked Securities

Guidelines on the Offering of Equity and Equity-Linked Securities (pdf)
(Effective Date: 1 February 2008)
 

Guidelines on the Offering of Equity and Equity-Linked Securities for the MESDAQ Market (pdf)
(Effective Date: 1 February 2008)

 

Principal Advisers

Guidelines on Principal Advisers for Corporate Proposals (pdf)
(Effective Date: 1 February 2008)
 

Prospectus

Prospectus Guidelines (pdf)
(Date Issued: May 2003)
(Amended as at 1 February 2008)
(The amendments are in relation to the update to Chapter 13 of the Prospectus Guidelines)

Practice Notes (pdf)
Practice Note 1 - Basis for Pricing of Securities
(Date Issued: 27 October 2005)

Procedures for Registration (pdf)
(Date Issued: 27 October 2005)
(Revised Edition: 22 February 2008)

Prospectus-related Guidelines (pdf)
•  Plain Language Guide for Prospectuses
•  Guidelines on Electronic Prospectuses and Internet Securities Application
•  Guidelines on Advertising
(Date Issued: 27 October 2005)

Frequently-asked Questions (FAQs) (pdf)
(Date Issued: 27 October 2005)
(Revised Edition: 10 May 2006)

Securities Borrowing & Lending

Guidelines on Securities Borrowing and Lending (pdf)
(Date Issued: 27 December 2006)
(Amended as at 11 January 2008)
Tax Guidelines on Securities Borrowing & Lending (SBL) (pdf)
(Revised Edition: 2008)

Stockbroking

Guidelines on Market Conduct and Business Practices for Stockbrokers and Licensed Representatives (pdf)
(Date Issued: 8 April 2008)

Guidelines on Dealing in Unlisted Securities by a Universal Broker (pdf)
(Date Issued: 30 October 2002)
 
Practice Note 1 - Application of the Guidelines to Cross-Selling of Unlisted Debt Securities to Eligible Individuals by Dealer's Representatives Not Certified by PPKM (pdf)
(Date Issued: 12 July 2005)
Guidelines on the Establishment of Electronic Access Facilities by a Universal Broker (pdf)
(Amended as at 5 November 2004)
 
Practice Note 1 (pdf)
(Amended as at 5 November 2004)
Guidelines for a Universal Broker (pdf)
(Amended as at 23 November 2004)
Guidelines on the Establishment and Location of a Branch Office by a Universal Broker and a Non-universal Broker (pdf)
(Amended as at 5 November 2004)
 
Practice Note 1 - Flexibilities Granted to Stockbroking Companies in Relation to Branch Offices and Branching Policy for the Year 2002 and Beyond (pdf)
(Amended as at 5 November 2004)
Guidelines on Chinese Walls for Dealers and Futures Brokers (pdf)
(Date Issued: 11 May 2006)
Member Readiness Checklist for a Universal Broker (pdf)
(Date Issued: 02 October 2000)
Guidelines on Electronic Contract Notes (pdf)
(Date Issued: 28 April 2005)

Guidelines on Performance of Supervision Functions at Group Level for Capital Market Intermediaries (pdf)
(Date Issued: 29 June 2005)
(Date Revised: 2 March 2006)

Guiding Principles for Outsourcing of Back Office Functions for Capital Market Intermediaries (pdf)
(Date Issued: 29 June 2005)
(Date Revised: 2 March 2006)

Structured Warrants

 Guidelines for the Issue of Structured Warrants (pdf)
(Amended as at October 2006)

Take-overs & Mergers

The application of the Malaysian Code on Take-Overs and Mergers, 1998 in Relation to Over-allotment Option and Price Stabilization Mechanism (pdf)
(Effective Date: 11 January 2008)

The application of the Malaysian Code on Take-Overs and Mergers, 1998 in Relation to Securities Borrowing and Lending Transactions (pdf)
(Effective Date: 28 September 2007)
Malaysian Code on Take-overs and Mergers (Amendment) 2004 (pdf)
 
Amendments to Practice Notes (pdf format)
(Date Issued: 25 March 2004)
Kod Malaysia Mengenai Pengambilalihan dan Percantuman (Pindaan) 2004 (pdf)
 
Kod Malaysia Mengenai Pengambilalihan dan Percantuman Pindaan Kepada Nota Amalan (pdf)
(Tarikh Dikeluarkan: 25 Mac 2004)
Malaysian Code on Take-overs and Mergers 1998
(Date Issued: 1 January 1999)
 
Practice Notes 1 (pdf)
(Date Issued: 1 January 1999)
Malaysian Code on Take-overs and Mergers (Amendment) 2006 (pdf)
(Date Issued: 17 January 2006)
Format and Contents of Applications Under Division 2, Part IV of the
Securities Commission Act 1993 and the Malaysian Code on
Take-overs and Mergers 1998 (pdf)
(Effective Date: 1 March 2004)
Guidelines on Offer Documentation (pdf)
(Date Issued: 25 April 2001)
Clarification to Section 12(1) of the Malaysian Code on Take-overs and Mergers 1998, in Relation to Announcements (pdf)
(Effective Date: 21 March 2007)

Clarification on Immediate Approvals in Relation to Certain Exemptions (pdf)
(Effective Date: 21 March 2007)

Frequently-asked Questions

Venture Capital

Guidelines and Best Practices on Islamic Venture Capital (pdf)
(Date Issued: 7 May 2008)
Guidelines for the Annual Certification for Tax Incentives for the Venture Capital Industry (Amended) (pdf)
(Effective 2007)
 
Application Form for Certification for Tax Incentive for the Venture Capital Industry (pdf)
Frequently-asked Questions
Guidelines for the Registration of Venture Capital Corporations and Venture Capital Management Corporations (pdf)
(Effective Date: 1 August 2002)
Frequently-asked Questions
Venture Capital Registration Kit

Others

Guidelines on Regulation of Markets (pdf)
(Date Issued: 28 September 2007)
Guidelines for the Employment of Non-Malaysian Citizens in the Securities and Futures Industries (pdf)
(Date Issued: 26 October 2006)

Form 1: Application for the Employment of Non-Malaysian Citizens in the Securities and Futures Industries - to be Filled by the Principal Company (MS Word)

Form 2: Application for the Employment of Non-Malaysian Citizens in the Securities and Futures Industries - to be filled by the Non-Malaysian Citizen Candidate (MS Word)

Frequently-asked Questions - Guidelines for the Employment of Non-Malaysian Citizens in the Securities and Futures Industries (pdf)
Practice Notes on Exemption from Stamp Duty and Real Property Gains Tax (pdf)
(Date Issued: 19 December 2006)
  Frequently-asked Questions (pdf)
Practice Note on Stamp Duty Exemption (pdf)
(Date Issued: 11 July 2008)
 
Frequently-asked Questions