The Securities Commission Malaysia (SC) and the Companies Commission of Malaysia (SSM) has signed an MoU to facilitate greater access to shared data resources in support of capital market funding initiatives for micro, small and medium enterprises (MSMEs) and mid-tier companies (MTCs) as well as enhanced supervisory functions.
The collaboration is a key initiative under the Capital Market Masterplan 2026-2030 (CMP) which also aligns with the SC’s Catalysing MSME and MTC Access to the Capital Market: 5-Year Roadmap (2024-2028) while complementing SSM’s role in strengthening the corporate ecosystem through the provision of comprehensive corporate data and enhanced regulatory oversight.
It supports greater inclusivity and the growth of MSMEs and MTCs by strengthening data analytics on funding needs through the use of a reliable database.
This initiative aims to enhance the identification of MSMEs with strong growth potential and financing needs, enabling more targeted capital market solutions to support their expansion and long-term sustainability.
By integrating SSM’s comprehensive corporate data, the SC will identify high-potential unlisted companies, their funding needs and subsequently transition them into the capital market via Bursa Malaysia’s Main, ACE or LEAP Markets, as well as ECF and P2P financing.
The MoU also focuses on the following:
- Joint monitoring of entities to prevent financial scams and improve enforcement
outcomes; - Leverage financial data to monitor the progress of companies in adopting
sustainability disclosures; and - Joint knowledge sharing and training programmes in areas such as data analytics,
sustainability reporting, market insight generation, and strategic communication.
Dato’ Mohammad Faiz stressed the importance of data as a catalyst for inclusion. “This collaboration reflects the SC’s continued efforts to deepen market intelligence and strengthen the pipeline of MSMEs accessing the capital market. By leveraging granular MSME data, the initiative will help identify companies with viable growth and financing needs and connect them with appropriate capital market funding avenues.”
“Greater data visibility will also strengthen our enforcement capabilities, enabling earlier detection of scams and reinforcing investor protection,” he added.
Datuk Nor Azimah said the MoU marks a significant step in strengthening cooperation between SSM and the SC through the strategic use of corporate data.
“By leveraging SSM’s comprehensive corporate information, this initiative will enhance the identification of high-potential MSMEs and mid-tier companies and support their access to appropriate capital market financing to facilitate business growth and long-term sustainability.
At the same time, closer collaboration between SSM and the SC will strengthen regulatory oversight and market intelligence while supporting broader efforts to enhance corporate governance and sustainability practices among Malaysian companies,” she said.
Both sides will also set up a reciprocal data-sharing mechanism to enhance surveillance capabilities. It will also be in support of the National Sustainability Reporting Framework (NSRF) in tracking the financial disclosure levels of non-listed entities.
The collaboration also underscores the shared commitment of the SC and SSM to support the continued growth and integrity of Malaysia’s capital market and corporate ecosystem.
