30 November, 2018
The Securities Commission Malaysia released a revised Guidelines on Exchange Traded Funds (ETFs) which will come into effect on 2 January 2019.
The changes include, among others, permitting new types of ETFs like commodity ETFs, synthetic ETFs and futures-based ETF and specific requirements on derivatives transactions and collateral, specific requirements for Islamic ETFs.
The wider range of ETFs is intended to promote growth, facilitate product innovation and more choices for investors.
For further information, please contact:
Cheryl Liew Xin Yi, Shearn Delamore & Co
cheryl.liew@shearndelamore.com
