The Securities Commission Malaysia issued the Guidelines on Social Exchange Platforms, establishing requirements to support the creation of Malaysia’s first social exchange for fundraising by non-profit organisations (NPOs) for eligible social impact projects. The Guidelines take effect immediately. The framework sets out obligations for social exchange platform operators and participating NPOs, including eligibility criteria, disclosure requirements and mandatory reporting to provide transparency on the use of funds and the outcomes achieved. The social exchange is positioned as a capital market-based fundraising avenue for Malaysia’s third sector and is framed as aligned with the priorities of the 13th Malaysia Plan. Applications to operate a social exchange open on 19 September 2025, and interested NPOs are directed to review the Guidelines to prepare for participation.
Malaysia Securities Commission 2025-09-19
Malaysia Securities Commission issues Guidelines on Social Exchange Platforms to enable Malaysia’s first social exchange
The Securities Commission Malaysia issued Guidelines on Social Exchange Platforms to facilitate Malaysia's first social exchange for non-profit organisations' fundraising for social impact projects. The framework outlines obligations for platform operators and NPOs, including eligibility, disclosure, and reporting requirements. This initiative aligns with the 13th Malaysia Plan, positioning the social exchange as a capital market-based fundraising avenue for the third sector.