Association of Trust Companies, Malaysia (ATCM)

Role of ATCM

 

The primary role of the ATCM is to promote the establishment of sound structure and practices in Malaysia for the establishment and operation of Trust Companies, which involves cooperation and consultation with the relevant authorities.

 

In the course of achieving the abovementioned, our other contributions include:-

• Promoting legislations that will elevate and improve the standing of Trust Companies; and

• Proposing or providing constructive feedback to amendments to existing laws or proposed legislations.

 

Since the 1990s, ATCM has been involved in laws and standards setting with the relevant authorities, to encourage, promote, protect and represent the interest of our Members. In tandem with the growth of the Capital and Financial markets, as well as the proliferation of new businesses and investments, continuous efforts and enhancements are undertaken to ensure that we are able to fulfil our trust and fiduciary functions.

 

We have and will continue to represent the trust industry in promoting high standards of professionalism and corporate governance. This includes promoting high standards for the industry via the issuance of Practice Notes, which functions as Best Practice Guides for all Members. This is an ongoing developmental area that we continuously champion and welcome contributions from all Members.