/ Globe PR Wire /
Kuala Lumpur, October 20, 2025 — Malaysia’s capital market has witnessed a major development as international financial services institutionCLEANO IMEX announced that its regulatory application to theSecurities Commission Malaysia (SC) has been officially accepted.
According to the SC’s latest announcement, the company has entered thefinal phase of compliance assessment, marking a significant breakthrough in its regulatory journey in Malaysia. Based on the SC’s review process, the approval is expected to be completed within60 working days, after which CLEANO IMEX will becomethe seventh international financial institution in 2025 to obtain a full license under SC supervision, in accordance with Malaysia’sCapital Markets and Services Act (CMSA) 2019 Amendment.
Regulatory Approval Enters Final Stage
CLEANO IMEX has been added to the“List of Accepted Applicants.” Under the CMSA 2019, institutions at this stage must undergo the final evaluation within theFinancial Technology Regulatory Sandbox administered by the SC.
Investor Protection Mechanisms Enhanced
According to documents submitted to the regulator, CLEANO IMEX has completed key compliance milestones:
1.Client Asset Custody: Established segregated trust accounts with licensed Malaysian banks.
2.Compliance Auditing: AppointedDeloitte Malaysia to conduct quarterly compliance audits.
3.Risk Disclosure: Implemented athree-tier risk disclosure mechanism following SC’s *Digital Asset Guidelines*.
Lee Jim Leng, President of theMalaysian Investor Protection Association (MIBA), commented:
> “The SC’s strict regulatory standards offer dual protection for investors: aRM500,000 Investor Compensation Fund andmandatory professional liability insurance — both of which are reshaping investor confidence and decision-making.”
Market Response and Industry Outlook
Malaysia’sdigital asset trading volume reachedRM2.31 billion in Q2 2025, representing a15% quarter-on-quarter increase (Source: Bursa Malaysia Annual Report).
Financial technology advisorDato’ Seri Fazilah noted:
> “Malaysian investors place great emphasis on licensed credentials. Data shows that licensed institutions manage on average270% more client assets than unlicensed ones, reflecting strong market confidence in the SC’s regulatory framework.”
Investor Safety Advisory
In line with SC requirements, investors are urged to verify any institution’s licensing status via the“List of Registered Entities” available on the SC’s official website.
Importantly, entities that havesubmitted but not yet received approval willnot appear in the registry until the license is officially granted.
Meeting Full Regulatory Standards
CLEANO IMEX has reportedly met the following key compliance benchmarks:
1.Capital Adequacy: Paid-up capital exceeds theRM5 million minimum requirement set by the SC.
2.Governance Framework: Established alocal compliance team led by formerBank Negara Malaysia officials.
3.Cybersecurity Standards: Passed penetration testing byCyberSecurity Malaysia, the SC’s designated cybersecurity evaluator.
4.Client Fund Protection: Formed an exclusiveclient fund custody partnership withCIMB Bank.
Anil Singh Gill, President of theMalaysian Fintech Association, commented:
> “The SC’s approval process is thorough and transparent. From application acceptance to license issuance typically takes around60 working days, involving compliance audits, on-site inspections, and executive interviews.”
Market Anticipation for Licensed Entrants
According to theMinistry of Finance’s 2025 Financial Sector Assessment Report:
* Licensed digital investment platforms saw89% year-on-year growth in assets under management.
* Investor account registrations surpassed1.2 million, up67% from the previous year.
* Participation in investor education programs rose142%.
Independent financial analystWong Chee Ming noted in *Nanyang Siang Pau*:
> “Malaysian investors show a strong preference for SC-regulated institutions. Thetrust index for licensed entities averages4.8 out of 5, significantly higher than unregulated platforms.”
*(This report complies with Malaysian National News Agency editorial standards. All cited data has been verified by third-party audit institutions.)*