In the changing face of regulatory compliance in Malaysia, MBRS 2.0 represents more than a filing update- it marks a strategic pivot toward data-centric governance- one that’s digital, and deadline-bound. 

With the Companies Commission of Malaysia (SSM) mandating full digital submission of statutory documents under the Companies Act 2016 starting June 1, 2025, companies are now required to ditch traditional reporting methods in favor of structured, machine-readable formats using the eXtensible Business Reporting Language (XBRL).  

This transformation isn’t just about compliance- it’s about future-proofing governance, improving data transparency, and unlocking efficiencies through technology. 

To unpack the implications of this shift, IRIS, in collaboration with MAICSA (Malaysian Institute of Chartered Secretaries and Administrators), hosted an exclusive webinar on June 12. The session brought together company secretaries, governance professionals, and financial reporting experts for an in-depth discussion on what is MBRS readiness, practical implementation, and the role of automation in the compliance lifecycle.  

At the heart of the session was a candid and insightful exchange between two leading voices in the MBRS and XBRL space- Dr. Yee Hun Leek and Anand Padmanabhan—who shared perspectives drawn from on-the-ground experience and global implementation expertise. What follows is a candid, insightful conversation between Anand and Dr. Yee- as they unwind the evolving financial reporting framework in Malaysia. 

From MBRS 2.0 readiness to AI-powered compliance tools and the future of digital reporting, this Q&A captures the pulse of what truly matters for company secretaries, accountants, and compliance professionals. Here is the full transcript for reference: 

As Malaysia enters a new phase of digital compliance, MBRS 2.0 offers more than just a regulatory requirement. Dr. Yee’s insights serve as both a roadmap and a rallying cry for professionals to upskill, automate, and lead the transformation. 

Whether you’re managing MBRS filings for multiple clients or managing it for the first time, company secretaries are now at the forefront of Malaysia’s digital compliance journey. With the right tools, secretarial professionals can elevate their role from compliance executors to strategic enablers. 

Don’t wait till the last minute- empower your team today with an SSM-compliant, AI-enabled solution.

• Tailored for Company Secretaries and Accountants, requiring no prior XBRL expertise.
  Runs on the same powerful XBRL validation engine that powers mTool
• Built by the XBRL experts behind SSM and SCM’s implementations
• Developed by a team trusted for XBRL quality in 35+ countries