Securities Commission Act 1993 · Updated to 1 Mar 2016 · Part II · Securities Commission Malaysia
4A. Appointment of members of Board
Feedback & supportA person to be appointed as the Chairman or the Deputy
Chairman
“Chairman” means the Chairman of the Commission appointed under paragraph 4(2)(a);
Chief Executive under section 4 shall be a person of integrity and impeccable reputation with proven experience and recognized knowledge in the financial or capital markets.
The Minister, in appointing other members of the Board under subsection 4(2), shall have regard to—
Minister
“Minister” means the Minister for the time being charged with the responsibility for finance;
diversity of the Board members in terms of interest, knowledge, skills and experience; and
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the person’s probity and standing and his knowledge, skills and experience in law, economics, finance, accounting or in any other relevant discipline, which will enable him to discharge his functions as a member of the Board.