SC To Review Derivatives Levy Remittance By Bursa Malaysia Before 2028

KUALA LUMPUR, Jan 7 (Bernama) -- Bursa Malaysia Bhd today clarified that the amount of remittance from derivatives levy to the Securities Commission Malaysia (SC) will be reviewed by the commission prior to the expiry of the three-year period ending in 2028.

The stock exchange said it will remit derivatives levy to the SC from the amount collected from the trading and clearing fees of the derivatives contracts for three years until 2028, as announced on Jan 5, 2026.

"The company wishes to clarify that post-2028, the amount of remittance will be reviewed by the SC prior to the expiry of the aforesaid three years," it said in Bursa Malaysia filing today.

It was reported that Bursa Malaysia has announced the new annual fixed regulatory fee applicable to the exchange at RM28 million, pursuant to the Fees Regulations.

Under the Levy Order, the levy rates applicable to the purchase or sale of derivatives contracts effected on Bursa Malaysia Derivatives Bhd include a levy rate of 37.5 per cent of the clearing fee as specified by the derivatives exchange, to be paid by a purchaser or seller in respect of the purchase or sale of derivatives effected on the derivatives exchange.

It also includes a levy rate of 37.5 per cent of the trading fee as specified by the derivatives exchange, to be paid by a purchaser or seller in respect of the purchase or sale of derivatives effected on the derivatives exchange.

-- BERNAMA