Malaysia

Bolstering the Capital Markets

Quek Sue Yian. Christopher Lee. Wong & Partners,* Kuala Lumpur, Malaysia. *Correspondent Law Firm of Baker & McKenzie.

Malaysia has recently announced plans to boost her lack luster capital market with a series of new regulations and guidelines. It is the view of the Government that the capital market has an important role to play in economic development and is a perfect conduit for the raising and investment of capital. With a resilient, competitive and efficient capital market, local as well as foreign investment will be encouraged, resulting in Malaysia being able to re-position herself as a major financial hub. The changes will come through a co-ordination of the various arms of the financial sector and are coined as the “Ten Measures to Enhance the Malaysian Markets”. These measures are discussed below.