Page 80 - CMP3

3.2 EMPOWERING INVESTORS FOR A BETTER FUTURE
3.2.1 WIDENING INVESTMENT OPTIONS ACROSS MORE INVESTOR SEGMENTS
a. Review framework for investor categorisation by considering criterias such as level of investor knowledge, professional experience and sophistication to assess qualifications for the accredited investor segment, and consider measures to increase inclusivity for mass affluent segment.
b. Evaluate approach to liberalise access to non-traditional products for the mass affluent segment.
c. Facilitate the introduction of PAMs within PRS.
d. Facilitate for innovative and differentiated PRS service providers as well as retirement
product offerings in the market.
e. Embark on a phased approach to allow the offering of a broader range of foreign funds
to investors onshore.
f. Review liberalisation of alternative investment strategies and asset classes to enable
development of new investment solutions.
3.2.2 FOSTERING ACCESSIBLE AND QUALITY INVESTMENT ADVICE
a. Develop a roadmap, together with market participants, towards a more diverse investment advisory landscape in Malaysia.
b. Conduct a joint review with BNM towards consolidating the licensing regime between FPs and FAs, which are regulated by the SC and BNM respectively.
3.2.3 ENABLING GREATER EFFICIENCIES THROUGH MARKET INFRASTRUCTURES
a. Conduct feasibility study on infrastructure needs for the Malaysian fund management industry. Appropriate next steps will be determined, together with the industry, based on the results of the study.
3.2.4 FACILITATING GREATER DIGITAL INCLUSIVENESS ACROSS INVESTORS
a. Facilitate greater collaboration with market participants on digital preparedness for investors at risk, starting with elderly and rural investors.
78 SECURITIES COMMISSION MALAYSIA