Malaysia

Fintech / Regtech

Malaysia SC Launches New Initiative to Boost Islamic Fintech

By Sanday Chongo Kabange | 28/06/2023

The ‘FIKRA ACE’ initiative consists of an accelerator programmme, a networking platform, and a platform for collaborations.

AML / KYC

Malaysia Threatens Legal Action Over ‘Harmful’ Facebook Content

By Sanday Chongo Kabange | 26/06/2023

Bursa Malaysia has backed the communications regulator’s move to take action against Meta for its failure to remove scam posts.

ESG / Sustainability

BNM Issues New Roadmap for Advancing Financial Inclusion

By Sanday Chongo Kabange | 25/06/2023

BNM outlines the key barriers to financial inclusion, and four strategic enablers that will support further progress.

Securities / Derivatives

Malaysia Announces Measures to Boost Capital Market Vibrancy

By Editors | 20/06/2023

The stamp duty rate payable on stock trades is being reduced by a third to lower the cost of transactions, especially for retail investors.

Capital / Liquidity

BNM Seeks Feedback on Impaired Loans Disposal Rules

By Mark Johnston | 19/06/2023

The exposure draft sets out new requirements and guidance for sellers and buyers of impaired loans/financing.

Securities / Derivatives

Malaysia SC to Refine Investor Classification Framework

By Ranamita Chakraborty | 19/06/2023

The SC will also allow fund managers to offer foreign funds to high-net-worth entities and institutional investors.

Market Infrastructure

Bursa Malaysia Expands List of Securities Approved for Short-Selling

By Sanday Chongo Kabange | 13/06/2023

Bursa Malaysia is expanding its list of securities approved for securities borrowing, securities lending and short selling.

ESG / Sustainability

WFE Declares Milestone Achievement on Sustainability

By Ranamita Chakraborty | 12/06/2023

For the first time, every exchange surveyed by WFE participated in at least one ESG initiative and engaged in at least one WFE Sustainability Principle.

Bank Negara Malaysia Announces New Governor

By Editors | 09/06/2023

Outgoing governor Nor Shamsiah said she is confident that Abdul Rasheed Abdul Ghaffour is the “right person” to helm BMN as governor.