Malaysia

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    AML / KYC

    Abu Dhabi State Funds to Pay $1.8b Settlement to 1MDB

    By Editors | 01/03/2023

    Executives at the two Abu Dhabi funds facilitated the theft of billions of dollars from 1MDB. The settlement ends proceedings in the UK.

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    Malaysia, Cambodia to Cooperate on Capital Markets Development

    By Editors | 28/02/2023

    The securities regulators of Malaysia and Cambodia have signed an MoU agreeing to bolster cooperation and capacity building.

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    AML / KYC

    BNM Issues Draft Rules on Using e-KYC Solutions for Onboarding

    By Editors | 24/02/2023

    BNM encourages the use of e-KYC solutions that leverage AI, machine learning or other forms of predictive algorithms to ensure accurate identification and verification.

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    ESG / Sustainability

    Malaysia SC Revises Guidelines for SRI Funds

    By Sanday Chongo Kabange | 22/02/2023

    The revised guidelines incorporate requirements for SRI funds seeking to qualify as an ASEAN Sustainable and Responsible Fund, among other changes.

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    ESG / Sustainability

    Bursa Malaysia to Drive Carbon Market Ecosystem Development

    By Editors | 21/02/2023

    A handbook on generating carbon credits will be developed, as well as a directory of carbon industry service providers to facilitate collaboration.

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    Market Infrastructure

    Bursa Malaysia Launches Low Latency Connectivity Solution

    By Editors | 17/02/2023

    International market participants can access Bursa Malaysia’s data feed via more than 900 data centres in 32 countries.

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    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.

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    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.

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    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.

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    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.

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