Objectives and Scope

1. To serve as liaison between MIA, regulators and key stakeholders on capital market related matters.
2. To consider practical problems faced by members relating to the application and compliance with the regulations of the capital market and make recommendations to the relevant authorities.
3. To consider and recommend principles of good practice on issues not covered by Auditing & Assurance Standards Board (“AASB”), Financial Reporting Standards Implementation Committee (“FRSIC”) and the Ethics Standards Board (“ESB”).
4. Matters related to auditing and accounting standards and its principles (excluding any derivative materials to be developed) will still fall under the domain of the AASB and FRSIC/Malaysian Accounting Standards Board (“MASB”) respectively.
5. To formulate and provide guidance notes for the MIA Council to be issued to members on various aspects of capital market practice.