Malaysia

In raids were jointly conducted by central bank, police and immigration officers, authorities seized almost $1mn, along with documents, computers and mobile phones.

From 1 July 2020, banks will be required to maintain a minimum NSFR of 100% at all times and to submit NSFR reports to BNM on a quarterly basis.

The DOJ probe is looking into whether Deutsche Bank failed to comply with US AML or foreign bribery laws in the course of raising $1.2bn for 1MDB in 2014.

A framework for ICOs, originally expected by the end of Q1, is now under review by relevant stakeholders, according to deputy finance minister Datuk Amiruddin Hamzah.

Prime Minister Mahathir Mohamad says Goldman's $240mn offer to compensate Malaysia for the bank's role in the 1MDB scandal is not adequate.

As market discipline strengthens, the Securities Commission and Bursa Malaysia will "proportionately scale down the intensity of regulatory discipline".

BNM governor says the platform will strengthen the financial industry’s capabilities to respond to cyber threats and help create a safe environment for innovation.

BNM has issued a policy document laying out its expectations of companies providing electronic trading platforms in the FX and money markets.

'Bursa Anywhere' allows individual investors to manage their share depository account on their cellphones.

Bursa Malaysia is proposing rule amendments to facilitate the introduction of new CDS eServices via 'Bursa Anywhere' - a new electronic platform.