Malaysia

ESG / Sustainability

Malaysia SC Launches Sustainability Reporting Framework

By Nithya Subramanian | 26/09/2024

Bursa Malaysia has also opened a consultation on proposed enhancements to its sustainability reporting requirements.

Malaysia Launches New Family Office Incentive Scheme

By Nithya Subramanian | 24/09/2024

Single-family offices in the Forest City Special Financial Zone will pay no tax on income generated from eligible investments.

Enforcement

SC Malaysia Charges Former CIMB Banker for Securities Fraud

By Nithya Subramanian | 21/09/2024

The former banker allegedly defrauded seven investors of MRW 201,000 and carried out unlicensed fund management activities.

Fintech / Regtech

Malaysia, Cambodia Launch Cross-border QR Payment Linkage

By Nithya Subramanian | 20/09/2024

The first phase will allow Cambodian users to make instant retail payments in Malaysia by scanning DuitNow QR codes.

ESG / Sustainability

Bursa Carbon Exchange Starts Continuous Trading of RECs

By Nithya Subramanian | 18/09/2024

Bursa Malaysia CEO says continuous trading of RECs makes renewable energy projects more financially viable and attractive to investors.

ESG / Sustainability

Malaysia, UK Eye Collaboration on Islamic Finance, Green Initiatives

By Nithya Subramanian | 11/09/2024

Participants at a recent forum called for Malaysian collaboration to enhance Islamic finance services in the UK.

AML / KYC

US Celebrities Received 1MDB Funds Worth $2.43m – Reports

By Nithya Subramanian | 10/09/2024

A Malaysian court heard that fugitive Jho Low transferred 1MDB money to Kim Kardashian and Pharrell Williams but the reasons are unknown.

ESG / Sustainability

Bursa Malaysia, MyDIGITAL to Drive ESG via Digital Solutions

By Nithya Subramanian | 10/09/2024

The collaboration will support companies in leveraging digitalisation to improve operational efficiency and overall sustainability performance.

ESG / Sustainability

Bursa Malaysia Receives SBTi Validation for Net Zero Targets

By Editors | 04/09/2024

Bursa Malaysia is the first exchange in Asia to have SBTi validation for both its near- and long-term emission reduction targets.