Malaysia

Enforcement

Asian Police Bust Multi-Jurisdiction Malware Scam Syndicate

By Sanday Chongo Kabange | 18/06/2024

Police in Hong Kong, Singapore, Malaysia and Taiwan jointly targeted a group involved in malware-enabled scams.

Capital / Liquidity

BNM Issues Framework on Standardised Approach to Credit Risk

By Editors | 17/06/2024

The framework will come into effect on 1 July 2026, one year later than initially proposed in January 2023.

AML / KYC

Malaysia SC Issues Revised AML/CFT/CPF Guidelines

By Editors | 17/06/2024

The updated guidelines include requirements to identify and perform due diligence on counterparty VASPs before transmitting information to them.

AML / KYC

US Repatriates Additional $156mn in 1MDB Funds to Malaysia

By Nithya Subramanian | 15/06/2024

To date, the US DOJ has repatriated to Malaysia a total of $1.4bn that was misappropriated from 1MDB.

Securities / Derivatives

Malaysia SC Issues Revised Guidelines on CFDs

By Editors | 14/06/2024

The latest amendments expand the underlying instruments for CFDs to include ETFs, REITs, and commodity derivatives.

SC Malaysia Releases Practical Guide on VC and PE Sector

By Nithya Subramanian | 14/06/2024

The guide provides information on capital market regulations and other areas critical to VC and PE operations.

ESG / Sustainability

Malaysia Unveils Initiatives to Further Boost Islamic Finance

By Nithya Subramanian | 31/05/2024

The SC will launch a social exchange by year-end and introduce P2P financing and equity crowdfunding for waqf developments.

AML / KYC

Bursa Malaysia Launches API Gateway to Streamline Onboarding

By Nithya Subramanian | 28/05/2024

The new API Gateway will streamline onboarding and speed up CDS account opening, updating and reactivation.

Securities / Derivatives

SC Malaysia Releases 5-Year Capital Market Roadmap

By Nithya Subramanian | 27/05/2024

The roadmap is based on five guiding principles, and sets out nine cross-cutting strategies and 36 key initiatives to be undertaken.