Malaysia

A new policy document sets out the minimum requirements MSBs must observe when onboarding corporate customers using non-face-to-face verification processes.

This is the second time Malaysia has introduced a comprehensive loan moratorium after its debut in March last year.

The applicant groups include Grab, Singtel, Axiata Digital, RHB Bank, iFAST Corp, Bangkok Bank, BigPay, Sea Group, AEON Credit Service, Pertama Digital, and others.

When offering shares, unlisted public companies need to ensure that the prospective investor they approach is a sophisticated investor.

Night Trading will enhance price discovery, align Malaysia's derivatives market with global practices, and attract foreign traders.

More investors will be allowed to expand their investment options and issuers will be able to tap into a larger pool of sophisticated investors.

A US district court judge said it "strains credulity" for Goldman Sachs to contend it had no indication that funds were being siphoned from 1MDB.

The first phase of the project, now complete, allows Thai users to make QR code payments to merchants in Malaysia, including for online e-commerce transactions.

Relief is provided to listed issuers with unsatisfactory financial conditions or an inadequate level of operations between 1 July 2021 and 31 December 2021.

The exposure draft proposes to impose additional requirements including on capital for e-money issuers that have "substantial market presence".