BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Enterprise Explores  >  SSM to CoSecs: Your License is on the Line. What Now?

SSM to CoSecs: Your License is on the Line. What Now?

Sheba Gumis, Partner, Skrine | SS Gan, Managing Partner, SS GAN & CO

24-Jun-25 12:00

SSM to CoSecs: Your License is on the Line. What Now?

A recent warning from the Companies Commission of Malaysia (SSM) has put company secretaries on high alert. With increased enforcement for non-compliance, the risk of hefty fines and even disqualification is now a serious reality for this often-misunderstood profession. But what does this mean for business owners and directors?

This news prompts a crucial conversation that goes far beyond paperwork. Joined by lawyer Sheba Gumis from Skrine and Chartered Accountants SS Gan of SS Gan & Co, we explore the true role of the company secretary as a key governance advisor, a steward for the board, and a vital officer of the company.

We discuss:

  • The risks company secretaries face from SSM's enforcement.

  • What "reasonable diligence" means in practice and how to prove it.

  • Why the CoSecs are gatekeepers of governance, not just a filers.

  • How directors can better leverage their CoSec as a strategic advisor.

  • Red flags to watch for in both directors and CoSec services.

For business owners, directors, and company secretaries navigating this heightened regulatory environment, this conversation is an essential guide to compliance, risk, and corporate governance.

Produced by: Roshan Kanesan, Kishan Sivaswamy

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  Corporatesmanagingthe workplacemarketsSME

Tags:  company secretarySSM Malaysiabusiness lawcorporate governancecompliance





Play / Pause

Listen now : Earth Matters: (REPEAT) We speak to Meenakshi Raman about what COP30 in...

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) We discuss how AI is shaping information, engagement, and credibility in the digital age with Kiron Kesav, Chief Strategy Officer, PHD APAC at OMG Malaysia.

12:00 PM

Popcorn Culture

(REPEAT) We review Zootopia 2 and then ask: What (or who) are your favourite on-screen animal characters?

1:00 PM

Cruise Control

(REPEAT) We talk about Perodua's new EV, the QV-E and the conversations surrounding it. Daniel also shares his thoughts on the recently launched luxury sedan from JAC, the Maestro S800.

2:00 PM

Matt-Splained

(REPEAT) We look at the benefits of pressure washing your brain, Matt’s morbid curiosity and Richard’s misconceptions about horror fans.

3:00 PM

Earth Matters

(REPEAT) We speak to Meenakshi Raman about what COP30 in Belém achieved, what fell short, and what the outcomes mean for global climate action.

4:00 PM

Bar None

(REPEAT) We look ahead to the upcoming SEA Games and Malaysia's chances in the tournament.

5:00 PM

BBC World Service

What kinds of food and drink help people keep warm while living in extreme cold? The Food Chain explores.