KUALA LUMPUR: The Securities Commission has introduced the Focused Scope Assessment (FSA) for new eligible Capital Market Intermediaries (CMIs) and Recognised Market Operators (RMOs).
In a statement, the regulator said the FSA, which takes effect immediately via amendments to the Guidelines on Recognised Markets, is part of the regulator’s new gatekeeping approach in light of the capital market’s growing maturity and evolving regulatory standards.
