KUALA LUMPUR (May 31): The Securities Commission Malaysia (SC) affirms that the capital market will continue to remain open and operate as usual within normal business hours throughout the total lockdown period, starting from tomorrow (June 1). "As essential service providers, capital market participants (CMPs) can continue to undertake and provide capital market activities and services. These entities include the approved exchanges, licensed entities (CMSL holders), registered persons, Audit Oversight Board registered auditors, self-regulatory organisations, recognised market operators (RMOs) and other capital market related entities," said SC in a statement. To support the government’s efforts to break the chain of Covid-19 transmission during this critical lockdown period, SC said CMPs are required to minimise their workforce capacity in the office. Under the updated standard operating procedures (SOPs) for the capital market issued by Majlis Keselamatan Negara (MKN), CMPs must ensure that their employees working at the office is capped at 60% during this period.

Source: The Edge Markets May 31, 2021 06:45 UTC