SOP for capital market participants during MCO

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Capital market participants can continue to undertake and provide capital market activities and services during the second round of the MCO.

It said on Monday CMPs who may require verification letter to facilitate travel movements for their employees or third party service providers for critical functions can email their requests or queries to the SC.

It said CMPS were essential service providers under the services sector. However, to carry out their activities, they had to adhere to the National Security Council’s standard operating procedures .“All CMPs are reminded to adhere to the applicable SOPs, be vigilant and take all necessary measures to minimise the risk of the spread of Covid-19 at their workplace.

“This includes observing that 30% of management staff are allowed at premises and suspending sales and marketing activities outside CMPs’ premises or in public places for areas under MCO, ” it said. Separately, the SC had issued an update of the Guidance Note on the Conduct of General Meetings for Listed Issuers.

In the Guidance Note, SC reminded listed issuers to only conduct fully virtual meetings in areas under MCO and CMCO. Hybrid or physical meetings may be conducted in areas under RMCO or areas not subjected to any movement restrictions.

 

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