Malaysian Regulatory/Statutory Bodies
Bank Negara Malaysia
Bank Negara Malaysia, as the Central Bank, is committed to excellence in promoting monetary and financial stability and fostering a sound and progressive financial sector, to achieve sustained economic growth for the benefit of the nation.
Companies Commission of Malaysia (CCM)
CCM serves as an agent to the Government in collecting and enforcing payment of prescribed fees, regulate matters pertaining to the incorporation of companies and business registration, promote ethical conducts amongst directors, company secretaries, managers and personnel who are directly involved in the management of a company or business and carry out research on matters relating to corporations, companies and businesses.
Inland Revenue Board (Lembaga Hasil Dalam Negeri)
The Inland Revenue Malaysia is one of the main revenue collecting agencies of the Ministry of Finance. The Department of Inland Revenue Malaysia became a statutory board on March 1, 1996, and is now formally known as "THE INLAND REVENUE BOARD OF MALAYSIA (the "Board")".
Securities Commission
The Securities Commission (SC) was set up on the 1st. of March 1993, marking a significant milestone in the Government's commitment to have a central authority in the regulation and development of the securities and futures industries in Malaysia.
Bursa Malaysia Berhad
Bursa Malaysia is a self-regulatory organisation which governs the conduct of its members and member stockbroking companies in securities dealings; enforces the listing requirements which spell out the listing and disclosure standards to be maintained by public listed companies; and which is also responsible for the surveillance of the market place.
Treasury Malaysia
The main objective of Treasury Malaysia is to ensure sustained and continuous economic growth, strengthen national competitiveness and economic resilience, ensure effective and prudent financial management, pursue a more equitable sharing of national wealth and improve quality of life and well being of society.
Malaysian Accounting Standards Board
The Malaysian Accounting Standards Board (MASB) is established under the Financial Reporting Act 1997 (the Act) as an independent authority to develop and issue accounting and financial reporting standards in Malaysia.
MSC - Multimedia Supercorridor
The Multimedia Super Corridor (MSC) is Malaysia’s most exciting initiative for the global information and communication technology (ICT) industry. Conceptualized in 1996, the MSC has since grown into a thriving dynamic ICT hub, hosting more than 900 multinationals, foreign-owned and home-grown Malaysian companies focused on multimedia and communications products, solutions, services and; research and development.
Multimedia Development Corporation (MDec), mandated to oversee the development of the Multimedia Supercorridor (MSC), facilitates applications by multinational and local companies to re-locate to the MSC. It globally markets the MSC, shapes MSC-specific laws, policies and practices by advising Malaysian Government and standardizes MSC’s information infrastructure and urban development.
The National Economic Action Council (NEAC)
The establishment of the NEAC on January 7, 1998 is a strategy aimed at preventing the nation from going into an economic recession or affecting the real economy as a result of the decline in the value of the ringgit and the fall in the share market.
Malaysian Industrial Development Authority
MIDA is the Malaysian Government's principal agency for the promotion and co-ordination of industrial development in Malaysia. It is the first point of contact for investors who intend to set up manufacturing and related services projects in Malaysia.
Ministry of Domestic Trade & Consumer Affairs
MDTCA's two-pronged objectives are to encourage the development of ethical domestic trade and protect the rights and interest of consumers.
Ministry of International Trade and Industry
MITI's objectives are to promote and safeguard Malaysian interest in the international trade arena, to spur the development of industrial activities and to further enhance Malaysian economic growth towards realizing Vision 2020.
Royal Customs & Excise Department Malaysia
The Royal Customs and Excise Department, Malaysia is the government agency responsible for the administration of the indirect tax policies.
Business Region
MEnet - Malaysia Network Enterprise
Malaysian Enterprise Network (MEnet) is a bulletin board, developed as an alternative means for private limited companies incorporated in Malaysia to profile themselves to potential investors.
Investors' Guide for Manufacturing Companies
MIDA is the Malaysian Government's principal agency for the promotion and co-ordination of industrial development in Malaysia. It is the first point of contact for investors intending to set up a manufacturing or related services project in Malaysia.
Arab Malaysian Bank Berhad Currency Convertion
The Arab-Malaysian Website gives you premier access to information on the Internet. Make use of our various sections and discover the benefits of electronic data interchange, up-to-date financial highlights and the groups products and services.
Industrial Technical Assistance Fund (ITAF)
The ITAF is a trust fund set up by the government in 1990 to enhance the development of SMIs into a progressive, high quality and modern industry sector capable of supporting the large industries in this country.
Industrial Linkage Programmed for SMIs
Industrial Linkage Programme (ILP) is aimed at redefining SMIs, will be implemented as a core programme by the Small and Medium Industries Corp (SMIDEC).
New Guidelines for ECR
The new ECR guidelines will result in simpler procedures, changes in financing limits, exclusion of trading companies from the ECR scheme and better monitoring of the disbursement of the scheme.
Professional Bodies
International Professional Bodies
International Federation of Accountants (IFAC)
IFAC is an organization of national professional accountancy organizations that represent accountants employed in public practice, business and industry, the public sector, and education, as well as some specialized groups that interface frequently with the profession.
International Accounting Board Committee (IASB)
The International Accounting Board Committee (IASB) is an independent, private sector body, formed in 1973 with the objective of harmonising the accounting principles which are used by businesses and other organisations for financial reporting around the world.
Confederation of Asian and Pacific Accountants (CAPA)
CAPA's mission is the development of the accounting profession in the Asia-Pacific region and aims to enhance the accountancy standards and development of the profession by promoting harmonisation through the adoption of IFAC and IASC standards.
Certified Practising Accountants Australia (CPA AUSTRALIA)
CPA Australia is Australia's premier professional organisation of Certified Practising Accountants.
The Institute of Chartered Accountants in Australia (ICAA)
The ICAA's Mission is "To be the organisation of first choice for leading business, finance and knowledge management professionals".
Institute of Chartered Accountants of New Zealand (ICANZ)
ICANZ's aim is to bring reporting practices closer together worldwide and it also contributes widely in many areas of advocacy, to advance the cause of understandable and consistent business laws.
Certified General Accountants Association of Canada (CGA)
CGA-Canada sets national educational standards and professional standards and practices, provides services to affiliates and members, contributes to international accounting standard setting, and represents CGAs nationally and internationally.
The Canadian Institute of Chartered Accountants (CICA)
The CICA conducts research into current business issues and sets accounting and auditing standards for business, not-for-profit organizations and government. It issues guidance on control and governance, publishes professional literature, develops education programs and represents the CA profession nationally and internationally.
Hong Kong Society of Accountants (HKSA)
Hong Kong Society of Accountants (the Society) is the only statutory licensing body of accountants in Hong Kong responsible for regulation of the accountancy profession.
The Institute of Chartered Accountants in England and Wales (ICAEW)
ICAEW's objectives include :- to educate and train Chartered Accountants, to maintain high standards for professional conduct among members, and more...
The Chartered Institute of Management Accountants (CIMA)
CIMA (The Chartered Institute of Management Accountants) is the voice of over 70,000 students and 50,000 members in 156 countries. CIMA’s focus on management functions makes it unique, and it is internationally recognised as offering the financial qualification for business.
The Association of Chartered Certified Accountants (ACCA)
ACCA's mission is to provide quality professional opportunities to people of ability and application, to be a leader in the development of the global accountancy profession, to promote the highest ethical and governance standards and to work in the public interest.
International Federation of Insolvency Professionals (INSOL INTERNATIONAL)
INSOL with its Member Associations will take the leadership role in international insolvency and related credit issues; facilitate the exchange of information and ideas, encourage greater international co-operation and communication amongst the insolvency profession, credit community and related constituencies.
The Institute of Chartered Accountants of Scotland (ICAS)
The Institute's Mission is to uphold the integrity and the standing of the profession of chartered accountancy in the interests of society and the membership, through excellence in education and the development of accountancy and through service to members and the enforcement of professional standards.
The American Institute of Certified Public Accountants (AICPA)
AICPA is the premier professional association for CPAs in the US. With over 340,000 members, the AICPA acts as a conduit linking accounting and financial professionals throughout the world, sharing and extending its members' collective wisdom.
Institute of Certified Public Accountants of Singapore (ICPAS)
ICPAS is the national organisation of the accounting profession in Singapore. Established in June 1963 as the Singapore Society of Accountants under the Accountants Act, the Society was reconstituted and renamed the ICPAS on 11 February 1989, under the Accountants Act 1987 (Chapter 2A).
Accounting Standards Board (ASB)
The role of the Accounting Standards Board (ASB) is to issue accounting standards.
Association of Accounting Technicians (AAT)
aims to add value to individuals and organisations by training, supporting and developing Accounting Technicians throughout the world.
Financial Accounting Standards Board (FASB)
The Financial Accounting Standards Board strongly and actively supports the internationalization of accounting standards.
The Institute of Chartered Accountants of India (ICAI)
The Institute of Chartered Accountants of India was established on 1st July, 1949 by "The Chartered Accountants Act, 1949", for the purpose of regulating the profession of Chartered Accountants in India.
The Institute of Chartered Accountants of Pakistan (ICAP)
The Institute of Chartered Accountants of Pakistan (ICAP) was established on July 1, 1961 to regulate the profession of Chartered Accountancy in the Country. It is a statutory autonomous body established under the Chartered Accountants Ordinance 1961.With the significant growth in the profession, the CA Ordinance and Bye-Laws were revised in 1983.
The Institute of Cost & Management Accountants of Pakistan (ICMAP)
ICMAP has maintained high standard, both in imparting education and training to Graduating students, Government institution, public & private organizations, and has been meeting an important national human resource need through a steady flow of professional management accountants in the economy.
Malaysian Professional Bodies
Malaysia Insititute of Taxations
The Malaysian Institute of Taxation (MIT) was incorporated on October 1, 1991 and officially launched on 17 February 1992 with the aim of providing an organisation for all accountants, tax agents, academicians and persons in commerce interested in or concerned with taxation matters in Malaysia.
Malaysia Insititute of Accountants
The Malaysian Institute of Accountants (MIA) established under the Accountants Act 1967 has assumed the authority empowered by law to manifest itself as the authoritative body regulating the accounting profession.
MAICSA
The Malaysian Association of The Institute of Chartered Secretaries and Administrators (MAICSA) was founded in 1959 as an affiliated body to ICSA. Membership of the Association is limited only to members and students of the Institute residing in Malaysia.
Institut Bank-Bank Malaysia
As the professional and educational body for the banking and finance industry in Malaysia, IBBM strives to continuously develop and enhance the knowledge and skills of its members towards professionalism in their careers as bankers and financiers.
