PublishedA view of the bursa stock market exchange board in a bank in Kuala Lumpur. — Picture Ahmad Zamzahuri
“Uncertainties heightened across global markets throughout 2018 with escalating trade tensions, geopolitical issues and normalisation of monetary policies in developed economies and these have affected risk sentiments, amid increased volatility and liquidity tightening in global financial markets. The SC continued to exercise its market risk oversight function through the systemic risk oversight committee, which is the overarching committee for the deliberation of risks and corresponding safeguards.
Meanwhile, in 2018, the SC introduced a registration framework for capital market services providers with the release of the guidelines on registration and conduct of capital market services providers.