Malaysia

Crypto / Digital Assets

Malaysia to Grant Licences to More ECF, P2P, Crypto Platforms

By Editors | 01/11/2022

A Digital Innovation Fund will also be established to co-fund innovative projects to digitalise the capital market and make it more competitive.

Malaysia’s Scam Response Centre Publishes Guidance

By Editors | 20/10/2022

The National Scam Response Centre’s establishment was announced in Malaysia’s 2023 Budget earlier this month.

Securities / Derivatives

Bursa Malaysia Proposes to Extend Waqf Framework to REITs, ETFs

By Editors | 20/10/2022

The proposed amendments are meant to complement SC initiatives to broaden the range of Islamic products available in the capital market, Bursa Malaysia says.

Securities / Derivatives

Malaysia SC Signs Regional MMoU on Supervisory Cooperation

By Editors | 19/10/2022

Malaysia’s SC now has a cooperative arrangement on supervisory matters with regional counterparts in Australia, Hong Kong, Japan, Singapore and Thailand.

Crypto / Digital Assets

Malaysia is Liberalising Funds Industry, Says SC Chairman

By Editors | 18/10/2022

The SC is allowing retail funds to have exposure to digital assets and other alternative assets. Similar plans are intended for wholesale funds.

BNM Calls for Heightened Vigilance Over Payment Card Activity

By Editors | 10/10/2022

Payment gateway service provider iPay88 experienced a breach earlier this year affecting card data from online transactions.

AML / KYC

Malaysia Budget 2023 to Tackle Scams, Promote Capital Market

By Editors | 09/10/2022

Budget 2023 includes measures to strengthen the capital market, protect against scams and cyber threats, and drive the ESG and climate change agenda.

Malaysia Establishes New Council to Drive Islamic Finance

By Editors | 07/10/2022

BNM and the SC said the newly established MIFC Leadership Council will cement Malaysia’s proposition as a leading hub for Islamic finance.

AML / KYC

Malaysia Announces New Measures to Combat Financial Scams

By Editors | 28/09/2022

Malaysian banks will migrate SMS OTP to a more secure form of authentication, and further tighten detection rules and triggers to block scam-related transactions.