Enforcement Powers of the Commission
Under the Capital Market Act 2015, Securities Commission Act 2015, and Central Depositories Act 2015, the Securities Commission is vested with broad enforcement powers to ensure compliance with capital market laws, regulations, licence conditions, codes, directives, and rulings.
The Commission enforces these laws through a graduated administrative framework, beginning with supervision, market monitoring, and investigations, followed by binding directions, rulings, and remedial orders. Where breaches occur, the Commission may impose substantial civil penalties, issue temporary or permanent restraining and compliance orders, restrict or suspend market access, and suspend or revoke licences of regulated entities.
For serious, persistent, or systemic breaches, the Commission may apply to the National Court for enforcement orders, civil remedies, or penalties, and support criminal prosecution where offences are established.
This integrated enforcement regime allows the Commission to act swiftly, proportionately, and effectively to protect investors, maintain market integrity, and safeguard the public and national interest.
The Commission also takes enforcement actions against Scams and Pyramid Schemes. Part of this responsibility includes providing public awareness and educating citizens about entities that may attempt to lure them into making investments in fraudulent schemes.
