Expected to launch in January, the National Anti-Financial Crime Centre (NAFCC) will coordinate the efforts of 12 enforcement agencies to tackle financial crime.
Cambodia’s central bank and Malaysia’s Maybank will work together to enable real-time cross-border transfers, payments and remittances between the two countries.
Malaysia's central bank will use the reported data to set new regulatory standards that better reflect the risks from climate-related exposures.
The consultation also proposes amendments to facilitate the electronic performance of corporate actions by securities holders.
The extension of the CME Globex services will continue to provide global visibility, accessibility and connectivity to Bursa Malaysia derivatives products.
The APAC RegTech Network was established by the regtech committees of the fintech associations of Hong Kong, Japan and Singapore in May.
The amendments focus on the issuance of new securities, seeking to enhance transparency, promote better corporate governance, ensure board integrity and protect investors.
BNM assistant governor Encik Adnan Zaylani Mohamad Zahid warns that enforcement action will be taken against legal professionals for AML non-compliance starting in 2020.
DFIs should firmly ground their business models on strong governance and a culture of professional management, said BNM governor Nor Shamsiah Yunus.
BNM's draft policy document proposes to extend the maximum tenor of a repo to five years from 365 days previously, and to expand the securities that are eligible for repo.