Securities Commission Malaysia (SC): The SC is the regulatory body for the capital markets in Malaysia. It regulates and supervises various market participants, including stockbrokers, fund management companies, and corporate finance advisers. The SC’s main objective is to promote and maintain fair, efficient, and transparent capital markets in Malaysia. BNM is the central bank of Malaysia and is responsible for maintaining monetary stability, promoting financial stability, and fostering a sound and progressive financial system. It regulates and supervises financial institutions, including commercial banks, Islamic banks, and insurance companies.