SOP for capital market participants during MCO


“All CMPs are reminded to adhere to the applicable SOPs, be vigilant and take all necessary measures to minimise the risk of the spread of Covid-19 at their workplace," the SC said.

KUALA LUMPUR: Capital market participants (CMPs) can continue to undertake and provide capital market activities and services during the second round of the Movement Control Order (MCO) which came into effect on Jan 13.

It said on Monday CMPs who may require verification letter(s) to facilitate travel movements for their employees or third party service providers for critical functions can email their requests or queries to the SC.

It said CMPS were essential service providers under the services sector. However, to carry out their activities, they had to adhere to the National Security Council’s (NSC) standard operating procedures (SOPs).

The SC said the SOP, was to minimise the risk of spreading the Covid-19.

“All CMPs are reminded to adhere to the applicable SOPs, be vigilant and take all necessary measures to minimise the risk of the spread of Covid-19 at their workplace.

“This includes observing that 30% of management staff are allowed at premises and suspending sales and marketing activities outside CMPs’ premises or in public places for areas under MCO, ” it said.

Separately, the SC had issued an update of the Guidance Note on the Conduct of General Meetings for Listed Issuers.

In the Guidance Note, SC reminded listed issuers to only conduct fully virtual meetings in areas under MCO and CMCO. Hybrid or physical meetings may be conducted in areas under RMCO or areas not subjected to any movement restrictions.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 18
Cxense type: free
User access status: 3
   

Did you find this article insightful?

Yes
No

100% readers found this article insightful

Next In Business News

AMMB says it has enough capital to absorb 1MDB global settlement�
Top Glove seeks RM7.77bil by selling new shares in Hong Kong
AMMB agrees to RM2.83bil global settlement over 1MDB
Serba Dinamik net profit soars to RM631.7mil in 2020
MMC FY20 net profit up 47% to RM375m
CIMB sees less provisions in 2021 after coronavirus-hit 2020
FBM KLCI pares losses but still in red
Petronas records net profit of RM10.5b for FY20 excluding impairments
Hong Leong Bank records higher operating profit in 2Q
Bintulu Port's net profit falls to RM93.3mil in FY20

Stories You'll Enjoy


Vouchers