14 August 2019
KUALA LUMPUR, Aug 14 — Bursa Malaysia Bhd has revamped the Rules and Directives of Bursa Malaysia Derivatives Bhd and Bursa Malaysia Derivatives Clearing Bhd to enhance business efficiency and flexibility of doing business in the local derivatives market, effective August 15. It said the revamped Rules and Directives of BMD and BMDC will foster a number of improvements, among others, reduced regulatory burden and liberalised regulatory framework that accords greater flexibilities towards the participants’ dealings to manage and operate their business whilst ensuring adequate investor safeguards in place.
Bursa Malaysia said the revamped rules were in tandem with its balanced and facilitative approach to promote market development whilst ensuring its regulatory objectives in maintaining market integrity and investor protection are not compromised.