KUALA LUMPUR (Bernama) -- Bursa Malaysia Bhd will establish a wholly-owned subsidiary to assume the regulatory functions currently undertaken by Bursa Malaysia (Bursa RegSub).
The Securities Commission Malaysia (SC) and Bursa Malaysia, in a joint statement today, said both of them have been working closely to further enhance the governance structure of the exchange by segregating its regulatory functions from its commercial objectives to address perception of potential conflicts of interest between these two roles.
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