The Securities Commission Malaysia (SC) has revised the guidelines on ETFs to allow some foreign ...
The Securities Commission Malaysia (SC) has revised the guidelines on ETFs to allow some foreign funds to be cross-listed on Bursa Malaysia. As a result of the revision, a fund manager can pursue secondary listing of a foreign ETF on the Bursa Malaysia, if it is from a recognised jurisdiction as stipulated in the guidelines. However, the Bursa states that "it is also possible now" to cross-list a foreign ETF from a non-recognised jurisdiction which has a regulatory regime similar to Malaysia's The revision of the guidelines, which came into effect on June 12, entails two new cha...
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