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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.

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.

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.

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.

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.

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.

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.

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.

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.

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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