Bursa Malaysia issues paper on proposed amendment to Main and ACE Market listing requirements | Malay Mail

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KUALA LUMPUR, March 23   — Bursa Malaysia Securities Bhd has issued a public consultation paper on the proposed amendments to the Main Market Listing Requirements (Main LR) and the ACE Market Listing Requirements (ACE LR) with the aim to elevate the sustainability practices and...

KUALA LUMPUR, March 23 — Bursa Malaysia Securities Bhd has issued a public consultation paper on the proposed amendments to the Main Market Listing Requirements and the ACE Market Listing Requirements with the aim to elevate the sustainability practices and disclosures of listed issuers.

“However, as the global sustainability landscape has evolved significantly in recent years, the exchange recognises the need to enhance the Sustainability Reporting Framework to ensure its continued relevance,” it said. For the Main Market, the exchange is proposing to require the disclosure of prescribed sustainability matters and indicators that are deemed material for listed issuers across all sectors.

“Therefore, the exchange proposes requiring all listed issuers to provide climate change related disclosures that are aligned with the Task Force on Climate-related Financial Disclosures recommendations,” it said.

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