Court of Appeal Ruled in Favour of the Securities Commission of Malaysia

28 October 2021 – As reported in The Edge, the Securities Commission Malaysia (SC) succeeded in resisting the judicial review appeal at the Court of Appeal.

The SC's Audit Oversight Board (AOB) reprimanded Andrew Heng, a partner of Baker Tilly Monteiro Heng PLT, for failing to comply with relevant International Standards on Auditing. The High Court dismissed the initial judicial review application and the Court of Appeal upheld the dismissal.

Lee Shih and Joyce Lim acted for the SC in the court proceedings.

The SC press release can be found here.