Page 100 - SC SCAR 2023 ENGLISH Flipbook

PART 4 STRATEGIC ENGAGEMENTS WITH STAKEHOLDERS
PART 4
STRATEGIC ENGAGEMENTS WITH STAKEHOLDERS
INTRODUCTION
The continuous development of the Malaysian capital market is an effort that requires strong synergies between multiple parties. In that spirit, the SC remains committed to strategic stakeholder engagements, ensuring an inclusive process whereby the needs and interests of all parties are considered when formulating policies and implementing developmental initiatives.
Throughout 2023, the SC actively engaged with a wide network of key stakeholders within Malaysia and beyond, encompassing market participants, financial intermediaries, industry associations, regulatory authorities, businesses, investors, government officials, standard setting bodies, general public and the media. A stakeholder mapping process was applied to categorise the needs of stakeholders, allowing the SC to engage with them appropriately as it strives to be facilitative and respond efficiently to their needs.
The SC leveraged multiple platforms to carry out these engagements, ensuring consistent and constant communication with stakeholders via consultations, meetings, dialogues, and briefings, among others.
Indeed, it is the SC’s core belief that the formulation of facilitative and effective policies for the sustained growth of the domestic capital market as well as balanced regulation come only from a deep understanding of the industry and strong collaboration with all relevant stakeholders in the ecosystem.
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SECURITIES COMMISSION MALAYSIA ANNUAL REPORT 2023