Malaysia

Enforcement

Malaysia Eyes Senior Managers Regime

By Samuel Riding | 25/02/2018

BNM proposals resemble Hong Kong’s MiC regime in setting out key responsibilities and requiring appointment and naming of responsible individuals.

Malaysian Banks to ‘Rigorously Screen’ New Employees

By Garima Chitkara | 19/02/2018

Bank Negara Malaysia wants to build a “competent” talent pool to enforce confidence and integrity in the financial system.

AML / KYC

Europe’s Latest AML Directive a Huge Challenge for Asian Operations

By Bradley Maclean | 14/02/2018

4th AMLD to prove a headache for Asian institutions which already share clients and data with EU-based subsidiaries, potentially influencing Asia-based parent institutions themselves.

Indonesia Faces Resistance on Asean Banking Protocol

By Editors | 08/02/2018

Indonesian parliamentary commission appear unsure about Indonesian Banks’ ability to compete with foreign banks.

Market Infrastructure

Singapore, Malaysia Unveil Plans for Cross Border Stock Trading Link

By Manesh Samtani | 07/02/2018

Link to be operational by year-end; will enable cross-border trading, clearing, settlement of shares between SGX and Bursa Malaysia.

Fintech / Regtech

SEC Refusal to Support Crypto-based ETFs Will Influence Asian Regulators

By Bradley Maclean | 22/01/2018

US regulator cited concerns around valuation and liquidity, among other issues; but comments made in rejection letter open path to eventual approval.

Fintech / Regtech

No Ban on Cryptocurrency, says Malaysia Finance Minister

By Manesh Samtani | 05/01/2018

Exchanges to be recognised by central bank once regulations are in place; draft guidelines on reporting obligations to come into force early 2018.

Fintech / Regtech

Malaysia to Introduce Alternative Trading Systems

By Garima Chitkara | 26/12/2017

Securities Commission invites proposals from parties interested in participating in regulatory sandbox sessions under its innovation lab.

Malaysia Raises Standards for SRI Funds

By Editors | 20/12/2017

New guidelines introduce additional disclosure and reporting requirements for SRI-designated funds.