Malaysia legislation

Section 34

of CAPITAL MARKETS AND SERVICES (AMENDMENT) ACT 2011

Section 34

The principal Act is amended by substituting for section 105

the following section:

“Trading in standardized derivatives outside Malaysia

Quoted provision

Section 105

(1)

A holder of a Capital Markets Services Licence who carries on the business of dealing in derivatives or carries on the business of fund management in relation to derivatives shall not trade in a standardized derivative on any derivatives market outside Malaysia unless—