KUALA LUMPUR: Malaysia's capital market regulators have received reports from a few brokers that there have been unauthorised access and trading activities in a limited number of clients' online trading accounts. In a joint statement, the Securities Commission and Bursa Malaysia said the reports were received on Thursday, April 24, 2025, which also identified incidences of...
KUALA LUMPUR: The Securities Commission’s (SC) Audit Oversight Board (AOB) has prohibited Sathiea Seelean Manickam from accepting as clients and auditing any public interest entities (PIEs) or schedule funds for a one-year period, starting Oct 22, 2024. In a statement, SC said the AOB imposed a fine of RM87,500 on Sathiea. Sathiea was a partner of Morison...
KUALA LUMPUR: The Securities Commission (SC) Malaysia has updated its Investor Alert List to include 19 potential clone entities and eight unauthorised entities as of Oct 18, 2024. In a post on X today, the SC urged investors to be cautious of potential clone entities that may be impersonating legitimate firms. The regulator identified the potential clone...
