Malaysia

Securities / Derivatives

Bursa Malaysia Updates SBL Framework for Islamic Securities

By Editors | 12/02/2023

A new remedial option allows users to recall or acquire back securities if their status changes to Shariah non-compliant.

BNM Issues Consultation on New Financial Inclusion Framework

By Editors | 07/02/2023

BNM says the vision of the Framework is to provide a more expansive and holistic approach to elevate financial well-being in Malaysia.

Capital / Liquidity

BNM Consults on Standardised Approach to Credit Risk Capital

By Editors | 25/01/2023

FIs are asked to provide feedback and complete an accompanying Quantitative Impact Study reporting template.

Market Infrastructure

Malaysia SC Revises Guidelines for Credit Rating Agencies

By Editors | 11/01/2023

The revised guidelines introduce higher standards on governance, internal controls and integrity in rating processes and assessments.

Telekom Malaysia Suffers Data Breach, Over 250,000 Users Affected

By Sanday Chongo Kabange | 04/01/2023

The government has instructed Malaysia’s NC4 and JPDP to investigate the breach and take necessary action. Maybank has also launched its own investigation into the breach.

Fintech / Regtech

BNM Finalises New Rules for Electronic Money Issuers

By Editors | 03/01/2023

E-money issuers with more than 500,000 active users are subject to stricter governance, business continuity management and technology risk management requirements.

Securities / Derivatives

Bursa Malaysia to Develop New Debt Fundraising Platform

By Editors | 26/12/2022

The platform will allow investment in small to mid-sized companies through investment notes with credit and ESG ratings.

Fintech / Regtech

BNM Finalises New Rules for Payment System Operators

By Editors | 22/12/2022

The policy document primarily sets out regulatory requirements covering governance and risk management, in alignment with the PFMI.

Capital / Liquidity

BNM Consults on Capital Requirements for CCP Exposures

By Editors | 19/12/2022

Proposed framework sets out requirements for managing risks arising from a financial institution’s exposures to CCPs in their capacity as a clearing member or a client of a clearing member.