Section 38 Investments and Securities Act 2025

Section 38 of the Investments and Securities Act 2025 is about Listing of a securities exchange or an exchange holding company on securities exchange. It is under Part V (Registration and Regulation of Securities Exchanges, Financial Market Infrastructures and other Self Regulatory Organisations) of the Act. It provides as follows:

(1) The Commission shall issue directives and make rules and regulations to govern the listing of the securities of a securities exchange or an exchange holding company on a related securities exchange, which shall cover —
(a) conflicts of interests that may arise;
(b) corporate governance and administration matters;

(c) listing process and trading requirements; and
(d) such other matters as may be deemed necessary by the Commission.

(2) The Commission may, by notice in writing, exempt a securities exchange or an exchange holding company from complying with any listing requirement of the related securities exchange.