Malaysia

A new report finds that Malaysian banks are vulnerable to a wide range of natural-related risks through their loan books.

The police, rather than the anti-corruption commission, are investigating Datuk Tawfiq Ayman and his alleged involvement in 1MDB.

Five digital guidebooks will be issued in 2022, to help publicly listed companies adopt best practices in areas such as governance and sustainability.

Tim Leissner said BNM approved a USD 1 billion overnight transfer out of 1MDB but that he could not independently verify whether a bribe was paid.

Prime Minister Datuk Seri Ismail Sabri Yaakob said the programme include direct loans, financing guarantees and equity injections.

The enhancements make it more convenient and safer for individual users to register for eCCRIS and access their credit reports, for free, BNM says.

Under a new MoU, Bursa Malaysia will collaborate with HSBC Amanah in developing sustainability-linked Islamic financial products and ESG solutions for listed companies.

The linkage will eventually be expanded to support real-time cross-border fund transfers. The 2nd phase of Malaysia's QR payment linkage with Thailand has also gone live.

The blueprint contains plans to advance financial sector digitalisation, develop an open data ecosystem, and improve efficiency in cross-border payments.

The Business Recapitalisation Facility will support recovery and growth, while the Low Carbon Transition Facility will support the adoption of sustainable practices.