KUALA LUMPUR: Malaysia’s capital markets regulatory framework presently meets “best in class” international standards according to the International Monetary Fund, Prime Minister Datuk Seri Najib Tun Razak said.
Speaking at the opening of the World Capital Markets Symposium on Tuesday, he noted Malaysia was acknowledged as a significant contributor to international regulatory reform efforts.
He said this year’s symposium coincided with Securities Commission 20th anniversary. In 1993, the SC was given an explicit mandate to set the foundations for the development and sustainable growth of Malaysia’s capital market.