Malaysia

AML / KYC

Malaysia Close to Settling Outstanding 1MDB Debts – Report

By Editors | 08/11/2023

Funds Malaysia will receive next year as part of a settlement with an Abu Dhabi state fund will give it enough to pay off 1MDB’s remaining debts.

Securities / Derivatives

Bursa Malaysia Enables Investor Access to Chinese Soybean Oil Price

By Editors | 03/11/2023

This is the first time a Chinese derivatives exchange has authorised an Asian exchange to incorporate Chinese commodity futures settlement prices into a product offering.

Crypto / Digital Assets

Malaysian Court Orders Crypto Firm Luno to Compensate Customer

By Editors | 01/11/2023

Luno said the withdrawal of funds from the customer’s account was properly authorised. The customer claimed it was not.

Crypto / Digital Assets

Malaysia’s Fusang Exchange Issues First Institutional Tokenised Sukuk

By Editors | 01/11/2023

The digital sukuk is os structured as a depositary receipt, backed by a sukuk issued by the International Islamic Liquidity Management Corp.

ESG / Sustainability

Malaysia Launches Maqasid Al-Shariah Guidance for Islamic Capital Market

By Mark Johnston | 30/10/2023

Malaysia’s SC says the principle-based document aims to enhance the authenticity and impact of Islamic capital market products and services.

Capital / Liquidity

BNM is Assessing First Recovery Plans of Malaysian Banks

By Mark Johnston | 24/10/2023

BNM will engage with banks in the coming months on their recovery plans. Vulnerable banks may be asked to make business strategy changes.

Crypto / Digital Assets

SC Malaysia Grants In-principle Approval to Digital Asset Custodian

By Editors | 22/10/2023

With a full licence expected within six months, Gambit Custody will become just the second firm with a digital asset custodian licence in Malaysia.

BNM Earmarks MYR 600m for SMEs in Four Priority Segments

By Mark Johnston | 21/10/2023

BNM announces funding and grants for SMEs in four segments to help MSMEs participate in key national initiatives.

ESG / Sustainability

Malaysia Helps SMEs Navigate Complex ESG Frameworks

By Ranamita Chakraborty | 19/10/2023

CMM’s Navina Balasingam shares that Malaysia is the first country globally to introduce simplified ESG disclosure guidance for SMEs in supply chains.