SME News | Securities Commission Considers Expanding Approved Advisers

The Securities Commission (SC) of Malaysia is exploring the possibility of allowing startup accelerators, venture capitalists, and other ecosystem players to serve as approved advisers for the LEAP Market listing on Bursa Malaysia. This move aims to diversify the pool of listing advisers and provide more support for small and medium - sized enterprises (SMEs) seeking to access the capital market.
The SC is reviewing the regulatory requirements surrounding the eligibility criteria for approved advisers. This initiative will encourage a more competitive market in the advisor space and a better pool of expertise to support SMEs. The approved advisers may include legal and accounting firms, startup accelerators, remisiers, venture capital, and private equity players.
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