To: All Members
The Institute has taken cognisance of Members’ concerns on the Full Movement Control Order (FMCO). Therefore, upon the implementation of the latest FMCO, the Institute had made representations to MITI, and had also engaged with the SSM to stress the importance of allowing Company Secretaries and Secretarial firms to operate as providers of essential services, to the numerous essential sectors of the economy, comprising mainly registered companies.
Representations were also made to the Majlis Keselamatan Negara Malaysia and to the Minister of Domestic Trade and Consumer Affairs and it was brought to the attention of these Authorities that, despite the ongoing challenges with the lock-down and related restrictions, companies are still required to fulfil their statutory compliance obligations with the relevant authorities and that such compliance issues are carried out by Company Secretaries. This integral work by the Company Secretaries is also essential for other processes such as audit and taxation which are all crucial for our macro-economy.
As the current pandemic seems to be unrelenting thus far, Members would appreciate that the relevant Authorities would have to weigh all options available in the best interests of the country. As such, decisions of this nature can take time. The Institute will, nevertheless, continue to follow up with the relevant Authorities for a favourable decision.
We will, in due course, disseminate to all Members the outcome of our representations, and trust that Members will continue to support the efforts carried out by the Institute.
Datuk Suseela Menon FCIS (CS) (CGP)