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Malaysia bolsters ETF growth with new regulations

Posted on 17 June 2009

From Globalpensions.com: The Securities Commission Malaysia (SC) has revised the guidelines on exchange traded funds (ETF) to allow foreign funds from certain recognised jurisdictions to be cross-listed on Bursa Malaysia.

As a result of the revision, a fund manager can pursue secondary listing of a foreign ETF on the Bursa Malaysia, if it is from a recognised jurisdiction as stipulated in the guidelines……..Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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