KUALA LUMPUR: During the movement control order period, capital market participants licensed by the Securities Commission (SC) must operate in accordance with the standard operating procedures (SOPs) issued by the authorities.
This comes after the Finance Minister issued a statement that the capital market remained open during the MCO period, supporting the recovery of Malaysia’s economy.
“As essential service providers under the services sector, capital market participants can continue to undertake and provide capital market activities and services.
“These entities include the approved exchanges, licensed entities, registered persons, Audit Oversight Board registered auditors, self-regulatory organisations, recognised market operators and other capital market-related entities, ” the SC said.
The SC said it is authorised to issue verification letters for capital market participants to facilitate the movement of their employees during the MCO period. “Capital market entities are reminded to be vigilant and take all necessary measures to minimise the risk of the spread of Covid-19 at their workplace.”
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