Malaysia

AML / KYC

Malaysian Banks to Finish Implementing Anti-Scam Measures by June 2023

By Editors | 16/12/2022

More than 80 percent of banks have already implemented a 24/7 dedicated complaint hotline for customers to report incidents or suspicions of fraud.

ESG / Sustainability

Malaysia SC Issues Principles-based SRI Taxonomy

By Editors | 13/12/2022

The SRI Taxonomy provides universal guiding principles for the classification of economic activities that qualify for sustainable investment.

ESG / Sustainability

Bursa Malaysia Launches ESG Themed Index Futures Contract

By Editors | 13/12/2022

The new futures contract is based on the FTSE4Good Bursa Malaysia Index and available to global investors via CME Globex.

ESG / Sustainability

Bursa Malaysia Launches Shariah Compliant Carbon Exchange

By Editors | 11/12/2022

The first trades will be conducted via an auction in March 2023. Project developers, project proponents, and corporate buyers are invited to participate.

Securities / Derivatives

SC Malaysia Raises Bar on Investment Research, Advice

By Editors | 11/12/2022

The SC released new guidelines for investment analysts and a technical note for those seeking to provide digital investment advice.

ESG / Sustainability

Malaysia JC3 to Prioritise Work on Climate & Environmental Data

By Editors | 09/12/2022

The JC3 will work with data providers in 2023 to improve data accessibility, quality, comparability and consistency; and develop strategies to substantially reduce data gaps.

Securities / Derivatives

Malaysia Developing New Technology Risk Management Framework

By Editors | 07/12/2022

The new framework will significantly increase the capital market’s ability to detect and mitigate the risks that come with new technologies, SC chairman said.

Capital / Liquidity

BNM Consults on Rules for Calculating Operational Risk Capital

By Editors | 06/12/2022

The rules are expected to come into effect on 1 January 2025. BNM has asked whether the proposed implementation date is feasible.

ESG / Sustainability

Bursa Malaysia Publish Digitalisation, Nation Building Guidance for PLCs

By Editors | 06/12/2022

Five digital guidebooks have now been published under the PLC Transformation programme, to help deliver sustainable and robust financial performance from listed companies.