Section 241 of the Companies Act 2016 (“CA 2016”) has come into force on 15 March 2019. With the coming into force of this section, any qualified person who wishes to act as a company secretary is now required to register with the Registrar of Companies (“Registrar”) irrespective of his or her professional background. […]
READ MORE >Our firm recently hosted a 17-member delegation from the Zhuhai Lawyers Association. The delegation was led by the President of the Zhuhai Lawyers Association, Mr Tian Xue Dong and included committee members of the Association, all of whom are managing partners or senior partners of their respective firms. Both our guests and our partners engaged […]
READ MORE >Securities Commission Public Consultation Papers: (A) Proposed Regulatory Framework for the Issuance of Digital Assets through Initial Coin Offerings (ICOs) and (B) Property Crowdfunding The Securities Commission (“SC”) has, on 6 March 2019, published two consultation papers calling for feedback from the public on the framework to be used for ICOs and property crowdfunding. We set out brief […]
READ MORE >Two recent developments have impacted the Malaysian regulatory landscape in relation to digital assets, digital exchanges and their operators. Digital Currencies and Digital Tokens are Securities Firstly, the Capital Markets and Services (Prescription of Securities) (Digital Currency and Digital Token) Order 2019, which came into force on 15 January 2019, provides that digital currencies and […]
READ MORE >The Companies Commission of Malaysia announced on its website that the Companies Act 2016 (“Act”) has been reprinted as at 1 November 2018, and the same will be the authoritative text of the Act. Minor revisions have been made to the Act by the Commissioner of Law Revision pursuant to Section 14(1) of the Revision of […]
READ MORE >Guidelines on Exchange Traded Funds On 26 November 2018, the Securities Commission (“SC”) announced a revision to the Guidelines on Exchange Traded Funds (“Revised Guidelines”) which will pave the way for the issuance of a more diversified range of exchange traded funds (“ETFs”) in Malaysia. The Revised Guidelines, which will come into effect on 2 January […]
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