Malaysia

Enforcement

Najib Razak House Arrest Claim Allowed to Proceed

By Editors | 07/01/2025

Najib Razak will claim that Malaysia’s former king issued a decree allowing the former PM to serve the rest of his jail term under house arrest.

Crypto / Digital Assets

Bybit Ordered to Disable Access to Crypto Platform from Malaysia

By Editors | 01/01/2025

Bybit was also directed to stop circulating, publishing or sending any advertisements to Malaysian investors.

Enforcement

1MDB Files Suit Against Corporate Service Provider Amicorp

By Editors | 28/12/2024

1MDB alleges HK-headquartered Amicorp used shell companies and fraudulent financial structures to facilitate the misappropriation of assets.

Securities / Derivatives

Bursa Malaysia Proposes Move to Electronic CDS Statements

By Editors | 27/12/2024

From Q1 2025, hard-copy securities account statements will only be available at a fee or under exceptional circumstances.

Securities / Derivatives

Bursa Malaysia Amends Listing Rules to Integrate ISSB Standards

By Editors | 24/12/2024

Large issuers must use the ISSB Standards for their sustainability disclosures starting with the 1 January 2025 annual reporting period.

Securities / Derivatives

Malaysia Launches Trading in Used Cooking Oil Futures

By Sanday Chongo Kabange | 18/12/2024

The new aims to address the need for price transparency and risk management tools in the growing used cooking oil market.

BNM Proposes Changes to Rules on Personal Financing

By Sanday Chongo Kabange | 18/12/2024

BNM will abolish the use of the Rule of 78 method in personal financing and set at 10 year tenure limit on such lending.

Fintech / Regtech

SC Malaysia, CGC Group Partner to Boost MSME Financing

By Sanday Chongo Kabange | 17/12/2024

The SC will collaborate with CGC Group and CGC Digital to enhance access for MSME and MTC to capital market financing solutions.

AML / KYC

Malaysia Advances Bill to Amend Trustee Act for AML/CFT

By Editors | 17/12/2024

The amendments will impose AML/CFT obligations on trustees, including requirements to maintain records on beneficial ownership.