Malaysia

The EPF is Malaysia's largest institutional investor and pension fund. The policy will guide it in integrating ESG considerations in its investment processes.

All Malaysian FIs will be expected to adopt basic recommendations set out in the application guide and encouraged to adopt more sophisticated 'stretch' recommendations.

The establishment of a single carbon trading market for Malaysia will help to avoid fragmentation across the country.

The initiative will lead to better value recognition for companies and enhance corporate governance, transparency and disclosure, Bursa Malaysia said.

The establishment of MYOR-i as the Islamic benchmark rate will be a catalyst in driving Islamic financial product innovation, BNM says.

Malaysia's deputy finance minister said cryptocurrencies are not suitable for use in payments. Earlier this week another minister called for the government to adopt crypto as legal tender.

Listed issuers will be required to disclose prescribed "common sustainability matters" and indicators and provide TCFD-aligned climate change related disclosures.

The Initial Exchange Offering platform operators are given nine months to comply with regulatory requirements before they can commence operations.

The initial phase of Project Dunbar has proved that the concept of multi-CBDCs is technically viable, says a new project report.

Deputy minister Zahidi Zainul Abidin says the government should consider adopting bitcoin and other cryptocurrencies as legal tender.