The Capital Markets and Services Act 2007 (Malay: Akta Pasaran Modal Dan Perkhidmatan 2007), is a Malaysian laws which enacted to consolidate the Securities Industry Act 1983 [Act 280] and Futures Industry Act 1993 [Act 499], to regulate and to provide for matters relating to the activities, markets and intermediaries in the capital markets, and for matters consequential and incidental thereto.
The Capital Markets and Services Act 2007, in its current form (15 September 2015), consists of 13 Parts containing 394 sections and 11 schedules (including 4 amendments).
Part I: PreliminaryPart II: Securities and Derivatives MarketsDivision 1 – MarketsDivision 2 – Markets institutionsSubdivision 1 – Exchanges and exchange holding companySubdivision 2 – Exchange holding companySubdivision 3 – GeneralSubdivision 4 – Registered facilitiesSubdivision 5 – Approval of clearing houseSubdivision 6 – Modifi cations to the law of insolvency and miscellaneous provisions relating to the operations and procedures of the approved clearing housePart III: Capital Markets ServicesDivision 1 – Licensing and regulationDivision 2 – RecordsDivision 3 – Conduct of businessSubdivision 1 – GeneralSubdivision 2 – SecuritiesSubdivision 3 – Standardized derivativesSubdivision 4 – Over-the-counter derivativesDivision 4 – Books, client’s assets protection and auditSubdivision 1 – BooksSubdivision 2 – Treatment of client’s assets in respect of securitiesSubdivision 3 – Treatment of client’s assets in respect of derivativesSubdivision 4 – Treatment of client’s assets in respect of fund managementSubdivision 5 – Range of actions Commission may take to protect clients under certain circumstancesSubdivision 6 – AuditDivision 5 – VestingPart IIIA: Private Retirement Scheme IndustryDivision 1 – PreliminaryDivision 2 – Private retirement schemeSubdivision 1 – Private retirement scheme administratorSubdivision 2 – Private retirement scheme providerSubdivision 3 – Private retirement schemeSubdivision 4 – Scheme trusteeDivision 3 – Trustee for employer – sponsored retirement schemeDivision 4 – GeneralPart IV: Capital Market Compensation FundDivision 1 – InterpretationDivision 2 – The Capital Market Compensation Fund CorporationDivision 3 – The Capital Market Compensation FundDivision 4 – Provisions relating to claimsPart V: Market Misconduct and Other Prohibited ConductDivision 1– Prohibited conduct – SecuritiesSubdivision 1 – Offences relating to false trading and market rigging, stock market manipulations, etc.Subdivision 2 - Insider tradingSubdivision 3 - Civil remediesDivision 2 – Prohibited conduct – DerivativesSubdivision 1 – Offences relating to false trading, bucketing, etc.Subdivision 2 - Civil remediesPart VI: Issues of Securities and Take-Over and MergersDivision 1 – Listed and Unlisted Capital Market ProductDivision 1A – Application for ApprovalDivision 2 – Take-overs, mergers and compulsory acquisitionsDivision 3 – ProspectusDivision 3A – Application for authorization or recognitionDivision 3B – Business TrustDivision 3C – False or misleading statement or information under Division 3A and 3BDivision 4 – DebenturesSubdivision 1 – Trust deeds, duties of trustees, borrowers, etc.Subdivision 2 – GeneralDivision 5 – Unit trust schemes and prescribed investment schemeDivision 6 – Islamic securitiesPart VII: Provisions Applicable to Listed CorporationsPart VIII: Self-Regulatory OrganizationsPart IX: Capital Market Development FundPart IXA: Management of Systemic Risk in the Capital MarketPart X: Disclosure of InformationDivision 1 – ApplicationDivision 2 – Disclosure of informationPart XI: Administrative and Civil ActionsPart XII: GeneralPart XIII: Repeal, Savings and Transitional ProvisionsSchedules
