MALAYSIA: Malaysia’s Advisory Committee on Sustainability Reporting (ACSR), chaired by the Securities Commission Malaysia (SC), has announced its approach for addressing non-compliance with sustainability reporting requirements under the National Sustainability Reporting Framework.
The SC, together with Bank Negara Malaysia, Bursa Malaysia, the Companies Commission of Malaysia and the Audit Oversight Board, will adopt a phased and practical review process to reflect the transition period for entities implementing the International Financial Reporting Standards on Sustainability Disclosure.
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