Malaysia

ESG / Sustainability

Malaysia JC3 to Pursue Additional Climate-related Data Initiatives

By Ranamita Chakraborty | 01/08/2024

The Joint Committee on Climate Change will help develop national emissions factors for key industrial sectors and simplify climate-related reporting for businesses.

Securities / Derivatives

Bursa Malaysia Reprimands, Fines Former Kenanga Broker

By Ranamita Chakraborty | 30/07/2024

The former dealer’s representative at Kenanga Investment Bank engaged in manipulative trading practices involving 11 stocks over six months.

ESG / Sustainability

BCX Completes Auction of First Malaysian Nature-based Carbon Credits

By Jaya Prakash Balakrishnan | 25/07/2024

The carbon credits come from the Kuamut Project, a domestic forest protection and regeneration project on the island of Borneo.

Market Infrastructure

Malaysia Launches First Skills Framework for Financial Sector

By Jaya Prakash Balakrishnan | 25/07/2024

The framework identifies job roles and skills in high demand as well as career development pathways and capacity building programmes.

AML / KYC

US Authorities Recover Another $85m in 1MDB Case

By Nithya Subramanian | 24/07/2024

The DOJ secured the recovery of a Swiss financial account along with diamond jewellery and artwork worth a combined $85mn.

Enforcement

SC Malaysia Warns of Investment Scams Involving Deepfakes

By Nithya Subramanian | 23/07/2024

The regulator has asked the public to be vigilant in evaluating investment offers, and not transfer money into suspicious accounts.

AML / KYC

Singapore Says Jho Low Red Notice Remains in Effect

By Nithya Subramanian | 22/07/2024

Jho Low’s civil settlement with the US DOJ has “no bearing” on criminal investigations against him and his associates in Singapore.

Securities / Derivatives

SC Malaysia Tightens Rules for Financial Influencers

By Nithya Subramanian | 19/07/2024

Finfluencers who promote capital market products to their followers for commissions or rewards would require a licence.

Market Infrastructure

ASEAN Exchanges to Pursue Four POCs to Improve Competitiveness

By Nithya Subramanian | 17/07/2024

The POCs focus on developing common data infrastructure, enhancing capacity building, and creating a marketplace for transition financing and ESG investment.