Malaysia

Market Infrastructure

Indonesian State Lender to Set-up Malaysian Subsidiary

By Samuel Riding | 03/02/2017

Move aims to strengthen presence in neighboring country following BNM, OJK deal last year.

AML / KYC

FINMA Orders ‘Coutts’ to Pay $6.5mn for 1MDB Breaches

By Samuel Riding | 03/02/2017

Swiss regulator says bank’s own legal unit suspected transaction information was ‘entirely fabricated’.

Capital / Liquidity

Slow Progress on ASEAN Banking Integration

By Samuel Riding | 26/01/2017

Fitch Ratings suggests full integration a ‘very distant goal’.

Securities / Derivatives

BNM Fines Institution $315,000 for Failing to Report Misconduct

By Samuel Riding | 25/01/2017

Central bank says institution failed to report misconduct found during an audit, has been ‘strongly censured’.

AML / KYC

Ex-Falcon Manager Linked to 1MDB Jailed, Fined

By Samuel Riding | 12/01/2017

Former branch manager failed to file STRs, pleads guilty to six of 16 charges.

AML / KYC

Malaysia to Shut Down 1MDB

By Samuel Riding | 09/01/2017

Central bank has concluded investigations; other countries continue to probe offences.

Malaysia Warns on Reporting Obligations

By Samuel Riding | 28/12/2016

BNM says it has started enforcement action against a financial institution for forex-related misconduct.

APAC Institutions Under Mounting Regulatory Pressure

By Wolters Kluwer Financial Services | 23/12/2016

How the region can contend with global trends amid substantial local changes.

Malaysia – 2016 in Review

By Samuel Riding | 22/12/2016

Regulators sought to move past the 1MDB scandal, introducing fintech and regtech initiatives