Securities Commission’s CIO to enhance financial literacy

KUALA LUMPUR: The Securities Commission (SC) has enhanced its structure by setting up a behavioral analysis unit under its Consumer and Investor Office (CIO) to improve financial and investment literacy among the public especially the youth.

Chairman Tan Sri Ranjit Ajit Singh said this involves long-term behavioural change inspired through multifaceted and coordinated initiatives sustained over a period of time.

“TN50 (Transformasi Nasional 2050) initiatives were introduced to pave the way for Malaysia to be among the top countries in the world in economic development, societal progression and innovation. Undoubtedly critical to the success of this aspiration is the financial wellbeing of Malaysian citizens.

“As TN50’s five key themes are centred on drawing upon the aspirations of our youth for nation building, financial literacy amongst our future leaders cannot be overly emphasised,” he said at the launch of InvestSmart Fest 2017 here today.

“In the span of less than two years, it was

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