Experience

Shanti Geoffrey

With more than 25 years of experience with the capital market regulator, Shanti brings with her in depth knowledge and expertise relating to the capital market. She has experience in enforcement, regulatory advice, policy making, legislative drafting and training. She has advised boards of financial institutions and public listed companies on various aspects of the capital market laws and rules.

Enforcement

Represented the capital market regulator in high-stakes cases involving accounting fraud, corporate misconduct, market manipulation, and insider trading.
Successfully navigated complex constitutional and procedural challenges throughout the proceedings.
Spearheaded initiatives to secure restitution for investors impacted by legal violations.

Development

Core drafting team for the Capital Markets and Services Act 2007.
Led the development of key Securities Commission guidelines for both primary and secondary markets. These guidelines cover areas such as Prospectuses, Licensing, Recognized Markets (e.g., digital asset exchanges), and Initial Exchange Offerings.
Drafted key securities law provisions related to prospectuses and fundraising.
Integral team member in legal reforms for the demutualization of the Kuala Lumpur Stock Exchange.
Designed the framework for regulated short selling, securities borrowing, and lending.
Core team member in drafting the Anti-Money Laundering and Anti-Terrorism Financing Act 2001, along with guidelines for capital market intermediaries.
Served on the Corporate Law Reform Committee, driving updates to the Companies Act 1965.

Legal and Advisory

Advised clients on regulatory and enforcement matters in capital market laws.
Provided guidance on compliance with anti-corruption and anti-money laundering regulations.
Represented public listed companies and financial institutions in administrative actions of capital market and telecom regulators.
Advised boards of public listed companies on corporate governance compliance.
Counseled capital market intermediaries, including financial institutions, on licensing, conflicts of interest, and directors’ duties.
Drafted business rules for an Initial Exchange Offering (IEO) operator, approved under the Securities Commission’s Guidelines on Digital Assets.

Training and Development

Speaker at seminars hosted by the Asia School of Business, Asian Institute of Chartered Bankers, Bursa Malaysia, Bar Council, Malaysian Institute of Accountants, and multiple financial institutions and capital market intermediaries.

Publications

Author, Capital Market Laws of Malaysia, 2020 Edition, published by LexisNexis.
The Enforcement of Accounting Fraud under the Capital Markets and Services Act 2007, The Edge Weekly, August 2, 2021.
Insider Trading – What Directors of Public Listed Companies Need to Know, The Edge Weekly, 27 March 2022 and 3 April 2022.
Reporting money laundering – 5 things to know about the rules, The Edge Weekly, 19 September 2022, 26 September 2022.