SC announces eight new recognised market operators


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 (SC) has announced eight new recognised market operators comprising three equity crowdfunding (ECF) and five peer-to-peer (P2P) financing platforms to spur micro, small and medium enterprises (MSMEs) development.

SC chairman Datuk Syed Zaid Albar said the registration of the new platforms will help to further broaden ECF and P2P financing markets and enable healthy competition while meeting unmet demand from both issuers and investors.

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