Members attended briefing by Bank Negara Malaysia on Anti-Money Laundering and Counter Financing of Terrorism.
ATCM Extraordinary General Meeting (EGM) was held where members passed an ordinary resolution to appoint Messrs. Mah Kamariyah & Koh to provide legal advice on responsibilities and expectations of Bond Trustees.
Members attended briefing by Securities Commission in conjunction with the release of its Annual Report.
Discussion on Goods and Services Tax (GST) was held between Members and the Federation of Investment Managers Malaysia (FIMM).
Members gave their feedback in relation to the guidelines issued by the Securities Commission on private debt securities/sukuk, bonds and collective investment schemes for ATCM to seek clarification from Securities Commission.
ATCM Annual General Meeting was held.
ATCM made its submission to the Securities Commission for Federal Budget 2016 in relation to the treatment of reverse charges under the Goods & Services Tax (GST) Act.
Committee Members held further discussion with Federation of Investment Managers Malaysia on GST.
The Chairman of ATCM presented at the Securities Commission Industry Dialogue. His presentation covered the following areas:
• managing expectations in the unit trust industry
• 3 years road map for the ATCM
Various Sub-Committees comprising of Members who volunteered was appointed for the preparation of Practice Notes, Interest Schemes and Training & Promotions.