Page 53 - SC Annual Report 2018 (ENG)

Securities
Commission
Malaysia
ANNUAL
REPORT
2018

Diagram 6
Supervisory assessments in 2018

63 Structured
66 assessments
Thematic
review on 66
intermediaries
9
For-cause
assessments

Source: SC

In addition, the SC continuously conducts analysis Supervisory thematic reviews
on market data, trade and performance data as
well as media screening to monitor and detect The SC continues to emphasise the use of thematic
emerging trends and irregularities in a timely reviews as an effective means to assess identified
manner. Any regulatory concerns arising from these trends, emerging risks and compliance lapses. These
ongoing supervisory activities are communicated to reviews have enabled the SC to prioritise resources
intermediaries through various channels to ensure to achieve sector-wide outcomes, progressing from
alignment of intermediaries’ conduct with the SC’s the previous traditional firm-centric approach.
regulatory expectations.

Diagram 7
Supervisory outcomes

communication Enhancement
Continuous engagement at various Incorporate lessons learnt from
levels within the intermediary supervisory activities into rules,
(board, senior management, control guidelines and supervisory
functions) to proactively remedy approach
identified risks

Guidance Enforcement

Disseminate supervisory views Enforcement action will be
including concerns and best taken where breach has been
practices through industry circulars, ascertained, in particular where
dialogues and workshops to such sanction could serve as an
align intermediary conduct with effective deterrent
regulatory expectations

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