The framework will help LEAP Market companies transfer to the ACE Market, which offers a "more robust listing environment" and is open to the public.
Industry practitioners, academia and the public are asked to complete a survey to help BNM assess public demand for its published data.
A 'Consumer Credit Oversight Board' will be established as an independent authority to oversee all consumer credit activities including BNPL under a single umbrella.
The proposed rules impose 'fit and proper' requirements on shareholders and key responsible persons of adjusters.
The regulatory framework includes a set of principles for capital market entities to adopt in their use of AI/machine learning.
Most foreign insurers in Malaysia have not complied with a 70 percent limit set in 2009 on their ownership in local firms.
The central banks of Indonesia, Malaysia, the Philippines, Singapore and Thailand will formally sign an agreement on payment connectivity in November.
Bursa Malaysia Derivatives will work with SHFE and INE on the development of new derivatives products to meet the needs of increasingly sophisticated customers.
Discretionary trading based on Shariah principles is now permitted at Bursa Malaysia. Malacca Securities is the first to offer the service.
VCCs can claim exemptions from tax on all income other than interest income from savings or fixed deposits and profits from Shariah-based deposits - for a period of up to five years.
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