Companies Commission Of Malaysia Role
To act as agent of the government and provide services in administering collecting and enforcing payment of prescribed fees or any other charges under the laws administered.
Companies commission of malaysia role. To ensure that the provisions of the companies commission of malaysia act and laws are administered enforced given effect to carried out and complied with. Companies commission of malaysia act 2001 an act to establish the companies commission of malaysia to provide for its functions and powers and for matters connected therewith. Well the main reason of initiation of companies commission of malaysia by its government was to train and educate all sort of corporate bodies appointed in a business company in malaysia which involves the directors secretaries management figures employees auditors entrepreneurs innovators and other company members with ssm s functions laws and regulations regarding business. This paper explores the role of the enforcement efforts undertaken by the companies commission of malaysia ccm as a regulator of the companies act of 1965 which is entrusted to uphold and.
Suruhanjaya syarikat malaysia abbreviated ssm is a statutory body formed under an act of parliament that regulates corporate and business affairs in malaysia the ssm was formed in 2002 under the companies commission of malaysia act 2001 assuming the functions of the registrar of companies and registry of business. Dear valued customer following the announcement by suruhanjaya syarikat malaysia ssm on 10 april 2020 21 august 2020 pertaining to the initiatives to ease the economic uncertainties faced by the corporate community arising from the covid 19 pandemic please be informed.