KUALA LUMPUR (April 16): The Securities Commission Malaysia (SC) said today it aspires to become an institution that is collaborative and future-ready by embracing digitisation and leveraging technology to improve communication, collaboration and social networking as well as enhance employee experience to face the future of work in the fourth industrial revolution.

The SC said in its 2019 annual report that during the year it focused on improving its industry interfaces, which include an upgrade of the electronic licensing application and enhancements to the electronic submission of lodged unlisted capital market products.

"The SC employee onboarding and induction programme also leveraged technology to transform classroom- style learning into mobile learning.

"This allows employees to access learning ‘anytime, anywhere’ with bite-sized content focused on knowledge retention.

"The SC also improved its surveillance and supervision capabilities by enhancing the relevant systems and introducing new tools and processes to effectively surveil capital market products.

"Enforcement capabilities were also enhanced through greater adoption of new technology in the areas of digital-based evidence and case management,” the SC said.

Overseeing a capital market that is constantly evolving in response to the changes in the economic landscape and user demands requires an agile and adept workforce.

Towards this end, the SC said it has fostered internal career mobility across functions and business units, enabling 135 employees to enhance their skills and experience different aspects of regulatory work via job rotation and internal restructuring in 2019.

"While the SC seeks to fill up job openings with internal candidates where possible, it is also important to infuse the SC with external talents to provide new ideas and perspectives. In 2019, 68 new hires joined the SC including 29 middle and senior management.

"The SC’s young talent pipeline is supported by the Model Regulator (MORE) Programme, specifically designed to cater to fresh graduates including its returning scholars.

"It is a one-year programme whereby graduates who are designated as graduate management executives (GMEs) will be exposed to various functions within the SC.

"The job rotation provides them the opportunity to acquire practical exposure to the various development and regulatory functions of the SC. In 2019, the SC recruited 13 GMEs of whom six are its scholars,” the SC said.