THE Securities Commission (SC) has released seven revised fund-raising guidelines to mark today's completion of the three-phase Malaysian capital market's transition to a disclosure-based regulatory (DBR) framework for fund-raising from the previous merit-based regulatory.
The revised guidelines, comprising the Policies and guidelines on issue and offer of securities, the Guidelines on the offering of private debt securities, the Guidelines on the offering of asset-backed debt securities, the Guidelines on asset valuations, the Prospectus guidelines, the Guidelines on unit trust funds and the Guidelines on the issue of call warrants, would come into effect on May 1.