Malaysia

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.

Securities / Derivatives

Malaysia to Exempt Unit Trusts from CGT, FSI Tax

By Editors | 16/01/2024

The exemption on CGT is effective until 31 Dec 2028. The exemption on FSI is effective until 31 Dec 2026.

Securities / Derivatives

Bursa Malaysia Launches Transition to “Multi-asset Exchange”

By Manesh Samtani | 16/01/2024

Bursa Malaysia launched a gold trading platform, a new customer portal, and a new platform to connect investors directly with dealer representatives.

AML / KYC

SC Malaysia Charges Three for Money Laundering Offences

By Sanday Chongo Kabange | 15/01/2024

The three individuals face a combined 28 money laundering charges over illegal proceeds totalling MYR 283.5 million.

Fintech / Regtech

Two New Digital Banks Approved for Launch in Malaysia

By Manesh Samtani | 10/01/2024

Boost Bank and AEON Bank received regulatory approval to begin digital banking operations. They were two of five applicants granted licences in 2022.