Malaysia

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    Enforcement

    SC Malaysia Awarded $515m in Insider Trading Case

    By Mark Johnston | 15/02/2024

    Malaysia’s High Court ordered a former CEO to pay the Securities Commission three times profits, as well as a civil penalty and legal costs.

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    Securities / Derivatives

    Malaysia: SC Streamlines Authorisation Process for CMIs, RMOs

    By Nithya Subramanian | 07/02/2024

    The new approach will shorten the time to market for for new capital market intermediaries and recognised market operators to three months from six months previously.

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    Securities / Derivatives

    SC Malaysia Broadens Sophisticated Investor Categories

    By Ranamita Chakraborty | 06/02/2024

    The SC now considers knowledge, experience, and primary residence value for the sophisticated investor qualification.

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    AML / KYC

    Former Malaysian PM Receives Partial Royal Pardon

    By Editors | 04/02/2024

    Najib Razak was sentenced to jail and fined in 2020 over 1MDB-related corruption. His jail sentence was cut in half and his fine was reduced.

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    Fintech / Regtech

    BNM, CyberSecurity Malaysia to Tackle Cyber Risks in Financial System

    By Ranamita Chakraborty | 29/01/2024

    BNM partners CyberSecurity Malaysia for seamless information sharing, best practices exchange, and technical support to address emerging cyber risks.

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    ESG / Sustainability

    STACS Joins Malaysia’s SEDG Adopter Programme

    By Ranamita Chakraborty | 29/01/2024

    Capital Markets Malaysia developed the programme last October to guide local SMEs in disclosing ESG data from their supply chains.

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    Fintech / Regtech

    Bursa Malaysia Announces Launch of New SME Fundraising Platform

    By Nithya Subramanian | 24/01/2024

    The platform will connect SMEs with capital providers such as private equity firms, venture capitalists or other financial institutions.

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    Securities / Derivatives

    iFast Gets In-Principle Approval to Launch Bond Market in Malaysia

    By Sanday Chongo Kabange | 22/01/2024

    SGX-listed iFast Corp aims to launch its bond trading services in Malaysia in the second half of 2024.

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    ESG / Sustainability

    Bursa to Boost Solar Renewable Energy Certificates in Malaysia

    By Mark Johnston | 19/01/2024

    The partnership aims to support Malaysia’s renewable energy targets and respond to growing corporate demand for RECs.

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    Fintech / Regtech

    Malaysia Issues Exposure Draft on Currency Processing Business

    By Mark Johnston | 18/01/2024

    The exposure draft covers key areas such as governance, operational requirements, risk management and IT requirements for currency processors.

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