Page 66 - SC Annual Report 2018 (ENG)

Securities
Commission
Malaysia
ANNUAL
REPORT
2018

Widening the investor redress that either have entered the court process or exceed
framework RM250,000, it is subject to a reasonable fee and
requires the agreement of both parties to use
SIDREC received 440 claims and enquiries in 2018; SIDREC’s dispute resolution service. The scheme also
more than 90% of the eligible claims going through permits legal counsels of both parties to participate
SIDREC’s dispute resolution were resolved through in the process.
case management and mediation.
However, the Mandatory Scheme for claims not
Following the expansion of SIDREC’s purview in exceeding RM250,000 will remain a priority to
2017 to include a structured voluntary scheme ensure that retail investors continue to have free
component, SIDREC began receiving claims under access to redress through an independent and
this scheme in 2018. As the scheme involves claims impartial expert platform.

Investor Empowerment Initiatives

An informed investor is a protected investor. The SC’s investor empowerment initiative,
InvestSmart continues to reach out to members of the public to increase awareness on
®
the need to make informed investment decisions. In 2018, campaigns were designed

with targeted messages on investment scams, directed at vulnerable segments of the
public.

over
14,000 Themed ‘Investing for a
visitors Sustainable Future’, the event
was officiated by Syed Saddiq
45 Abdul Rahman, Minister,
exhibitors Youth and Sports. In a tweet
post event, the Minister urged
InvestSmart Fest is the SC’s annual flagship investor the youth to foster a culture
®
education event held jointly with capital market intermediaries of saving and investing for a
and other regulatory agencies to promote awareness and sustainable future.
enhance knowledge of the Malaysian capital market.

56 | PART 2 »» SHAPING MARKET CONDUCT

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