Head - Compliance & Regulatory Affairs

Job Description

• Ensure adherence to the Securities Commission's Guidelines on Listed Real Estate Investment Trusts (REITs).
• Ensure adherence to Bursa Malaysia Listing Requirements and the Capital Markets and Services Act 2007 (CMSA).
• Coordinate with the Securities Commission, Bursa Malaysia, and the Trustee as needed.
• Support the preparation and submission of statutory filings and annual reports.
• Ensure compliance with the tax-exempt status requirements for REITs as outlined in Section 61A of the Income Tax Act 1967.
• Ensure adherence to the requirement of distributing at least 90% of income to unitholders.
• Monitor asset composition and income thresholds to ensure continued eligibility for tax exemption.
• Establish and uphold strong compliance frameworks in accordance with the Malaysian Code on Corporate Governance (MCCG).
• Carry out regular compliance audits and internal assessments to ensure regulatory adherence.
• Oversee unitholder distribution to prevent any breach of regulatory ownership restrictions.
• Recognize, evaluate, and address potential compliance risks.
• Observe regulatory developments and assess their impact on REITs.
• Maintain an up-to-date compliance risk register and escalate identified issues as required.
• Design and implement internal compliance manuals, standard operating procedures (SOPs), and governance policies.
• Deliver compliance training and awareness initiatives for employees, Board members, and property managers.
• Foster a culture grounded in integrity, strong governance, and transparency.
• Provide regular compliance updates and reports to the Board of Directors, Compliance Committee, and / or Audit Committee.
• Liaise with the company secretary to ensure compliance with all AGM and EGM regulatory requirements.
• Assist Investor Relations in ensuring accurate and timely dissemination of public disclosures.

Requirements