SC to work with intermediaries, fintech to employ RegTech, SupTech

SC chairman Datuk Seri Awang Adek Hussin

KUALA LUMPUR: The Securities Commission Malaysia (SC) is keen to work with intermediaries and financial technology (fintech) providers to employ Regulatory Technology (RegTech) as well as Supervisory Technology (SupTech) tools to enhance the nation’s capital market efficiency.

Chairman Datuk Seri Dr Awang Adek Hussin said Malaysia needs to intensify efforts to ensure sustained economic growth amidst the challenging external environment, hence, he called for greater financing of technology and innovative solutions.