Bursa M'sia seeks public feedback
Published on: Tuesday, August 19, 2014
Kuala Lumpur: Bursa Malaysia Bhd has issued a public consultation paper to seek public feedback on the proposal to simplify the requirements on the opening of trading and securities accounts for individual investors."This is expected to provide a degree of flexibility to participating organisations and authorised depository agents of the exchange," the local bourse said in a statement Monday.Currently, an individual seeking to open both a trading and securities account is required to be present in person before the participating organisations/authorised depository agents submit the account opening documents or to sign the account opening documents before an acceptable witness such as a notary public or a commissioner for oaths.
ADVERTISEMENT
Bursa Malaysia said it proposed the requirement to simplify this process for the individual investors and provide the flexibility to the participating organisations and authorised depository agents.Stay up-to-date by following Daily Express’s Telegram channel.
Daily Express Malaysia
