SC begins focused scope assessment

KUALA LUMPUR: The Securities Commission SC) has introduced a focused scope assessment (FSA) to cut the time to market for new Capital Market Intermediaries (CMIs) and Recognised Market Operators (RMOs) by half. The FSA evaluates the applicant’s operational and regulatory readiness in a more targeted and efficient manner to shorten the time to market for CMIs and RMOs to three months from up to more than six months previously.