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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.

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.

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.

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.

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.

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.

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.
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