Document background
The Share Lending Agreement serves as a critical document in Malaysian financial markets, facilitating securities lending transactions while ensuring compliance with local regulations and market practices. This agreement is essential when financial institutions, asset managers, or other eligible parties wish to temporarily transfer securities for various purposes, including short selling, settlement coverage, or market making activities. The document comprehensively addresses the rights, obligations, and operational procedures required under Malaysian law, particularly the Capital Markets and Services Act 2007 and Bursa Malaysia Guidelines. It includes specific provisions for collateral management, corporate actions, default scenarios, and regulatory reporting requirements unique to the Malaysian market context.
