SC revokes licences of two individuals


In a statement issued yesterday, the SC said the Cabinet Special Committee on Anti-Corruption (JKKMAR) had approved its recommendation to require listed companies to put in place anti-corruption measures and a framework to promote the effective discharge of directors

KUALA LUMPUR: The Securities Commission Malaysia (SC) has revoked the Capital Markets Services Representative’s Licences (CMSRLs) of Ewe Lay Peng and Tan Yee Chee.

In a statement Thursday, SC said Ewe and Tan’s CMSRLs were revoked effective Sept 3, 2018 as it had reason to believe that they are no longer fit and proper to carry out regulated activities in the Malaysian capital market.

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