Malaysia

Securities / Derivatives

Indonesian Regulator Makes Case for Bank Consolidation

By Editors | 01/09/2014

The Financial Services Authority (OJK) is seeking to consolidate Indonesia’s banking sector, urging state-owned lenders to acquire stakes in regional banks or BPDs.

ASEAN Launches Collective Investment Scheme

By Editors | 26/08/2014

Singapore-based fund managers can now offer their funds directly to investors in Malaysia and Thailand under a streamlined authorization process following the launch of the ASEAN Collective Investment Scheme (CIS).

Securities / Derivatives

Indonesia Mulls Allowing Short-Term Corporate Sukuk

By Editors | 05/08/2014

Bank Indonesia and the Financial Services Authority are discussing the possibility of allowing the trading of short-term sukuk or Islamic bonds in a move that could diversify sharia financial products and help sharia banks raise cash in the market.

Hong Kong, Thailand Launch New Cross-Border Payment Link

By Editors | 27/07/2014

The Hong Kong Monetary Authority and Bank of Thailand introduced a new cross-border payment link between Hong Kong’s US dollar real time settlement system and Bank of Thailand’s Baht system.

Securities / Derivatives

Indonesia’s Proposed Bank Ownership Policy to Impact Malaysian Lenders

By Editors | 23/07/2014

Malaysian ownership of Indonesian banks came under the spotlight following a proposed bill that compels foreign banks to trim their shareholding to 40%.

Hong Kong Aims to Develop Islamic Finance Market, Says Regulator

By Editors | 19/06/2014

Hong Kong is keen to further develop its Islamic finance market, a Securities and Futures Commission official said, adding that the city aims to work closely with Malaysia in enhancing its platform for Islamic finance.

China and UK Launch Direct Currency Trade

By Editors | 19/06/2014

China and the UK have started the direct trading of the yuan against the sterling, in a bid to reduce costs from currency conversions.

Securities / Derivatives

Malaysia’s Central Bank, Competition Commission Sign Cooperation Agreement

By Editors | 17/06/2014

Bank Negara Malaysia and the Malaysia Competition Commission have agreed to collaborate in areas of common regulatory objectives.

Securities / Derivatives

Indonesian Banks to Pilot New Branchless Banking Scheme

By Editors | 13/06/2014

Some of Indonesia’s big banks are piloting a new scheme known as ‘branchless banking’ as a way to expand financial services in the country where half of its 240 million strong population does not have access to financial services.