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Mohammad Faiz (second left) and Nor Azimah (second right) at the MoU signing ceremony on Tuesday.
KUALA LUMPUR (March 11): The Securities Commission Malaysia (SC) and the Companies Commission of Malaysia (SSM) have signed a memorandum of understanding (MoU) to enhance access to shared data resources.
In a statement on Wednesday, SC said the collaboration is in support of capital market funding initiatives for micro, small and medium enterprises (MSMEs) and mid-tier companies (MTCs) while strengthening supervisory functions.
It aded that the collaboration forms a key initiative under the Capital Market Masterplan 2026–2030 and aligns with the SC’s Catalysing MSME and MTC Access to the Capital Market: 5-Year Roadmap (2024–2028).
It also complements SSM’s role in strengthening Malaysia’s corporate ecosystem through the provision of comprehensive corporate data and enhanced regulatory oversight.
Through the initiative, both agencies aim to strengthen data analytics on the funding needs of MSMEs and MTCs by leveraging a reliable and integrated database. This will support greater inclusivity and help identify companies with strong growth potential that require financing.
“By integrating SSM’s comprehensive corporate data, the SC will identify high potential unlisted companies, their funding needs and subsequently transition them into the capital market via Bursa Malaysia’s Main, ACE or LEAP Markets, as well as ECF and P2P financing,” it said.
The two-year MoU was signed by SC chairman Mohammad Faiz Azmi and SSM chief executive officer Nor Azimah Abdul Aziz at the SC on Tuesday.
In addition to improving capital market access, the MoU outlines several areas of collaboration, including joint monitoring of entities to prevent financial scams and improve enforcement outcomes.
Both agencies will also leverage financial data to track companies’ progress in adopting sustainability disclosures.
The partnership further includes joint knowledge-sharing and training programmes covering areas such as data analytics, sustainability reporting, market insight generation and strategic communication.
Mohammad Faiz said the collaboration highlights the importance of data in broadening access to capital market financing.
“By leveraging granular MSME data, the initiative will help identify companies with viable growth and financing needs and connect them with appropriate capital market funding avenues.
“Greater data visibility will also strengthen our enforcement capabilities, enabling earlier detection of scams and reinforcing investor protection,” he said.
Nor Azimah described the MoU as a step forward in strengthening cooperation between SSM and the SC through the strategic use of corporate data.
“By leveraging SSM’s comprehensive corporate information, this initiative will enhance the identification of high-potential MSMEs and mid-tier companies and support their access to appropriate capital market financing to facilitate business growth and long-term sustainability.
“At the same time, closer collaboration between SSM and the SC will strengthen regulatory oversight and market intelligence while supporting broader efforts to enhance corporate governance and sustainability practices among Malaysian companies,” she said.
Both agencies will also establish a reciprocal data-sharing mechanism to enhance surveillance capabilities.
The initiative will support the National Sustainability Reporting Framework in tracking financial disclosure levels among non-listed entities, it added.
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