Malaysian business licence·Federal
SC Capital Markets Services Licence (CMSL)
Issued by Securities Commission Malaysia (SC)Capital Markets and Services Act 2007
Overview
A CMSL is required to carry on any regulated capital-market activity — dealing in securities, fund management, advisory, ECF/P2P operators, recognised market operators.
Key details
Governing Act
Capital Markets and Services Act 2007
Agency fees
Varies by agency — see official source
Validity
Annual renewal typical
Issuing authority
Securities Commission Malaysia (SC)
Fees shown are government / local-authority fees payable to the issuing agency. Emerhub charges a separate service fee for handling the application end-to-end.
Which businesses need it
Mandatory
- 66110MSIC 66110Item · Issued by the Securities Commission under CMSA 2007 for fund management, dealing in securities, advisory and other regulated capital-market activities.
- 66120MSIC 66120Item · Issued by the Securities Commission under CMSA 2007 for fund management, dealing in securities, advisory and other regulated capital-market activities.
- 66121Stock, share and bond brokersItem · Issued by the Securities Commission under CMSA 2007 for fund management, dealing in securities, advisory and other regulated capital-market activities.
- 66122Commodity brokers and dealersItem · Issued by the Securities Commission under CMSA 2007 for fund management, dealing in securities, advisory and other regulated capital-market activities.
- 66191Investment advisory servicesItem · Issued by the Securities Commission under CMSA 2007 for fund management, dealing in securities, advisory and other regulated capital-market activities.
- 66193MSIC 66193Item · Issued by the Securities Commission under CMSA 2007 for fund management, dealing in securities, advisory and other regulated capital-market activities.
- 66199Activities auxiliary to finance n.e.c.Item · Issued by the Securities Commission under CMSA 2007 for fund management, dealing in securities, advisory and other regulated capital-market activities.
- 66301Management of pension fundsItem · Issued by the Securities Commission under CMSA 2007 for fund management, dealing in securities, advisory and other regulated capital-market activities.