Malaysia

Crypto / Digital Assets

CyberSecurity Malaysia, MX Global Partner on Digital Assets

By Editors | 19/09/2022

The collaboration includes research and development, joint solution development, and cyber risk training and awareness programmes.

BNM Approves UOB Acquisition of Citi’s Malaysia Business

By Editors | 19/09/2022

UOB subsidiaries reached agreements in January to acquire Citigroup’s consumer banking businesses in Malaysia, Indonesia, Thailand and Vietnam.

Securities / Derivatives

Bursa Malaysia Set to Launch Enhanced Gold Futures Contract

By Editors | 16/09/2022

The enhanced contract will provide investors exposure to gold at standard global prices without the need for currency conversion.

ESG / Sustainability

Malaysia to Issue ESG Disclosure Guide for SMEs

By Editors | 01/09/2022

Regulators are also developing guidance on Malaysia’s taxonomy, exploring blended finance solutions, and developing a catalogue of climate risk data sources.

AML / KYC

Malaysian Court Convicts Wife of Najib Razak for Corruption

By Editors | 01/09/2022

Rosmah Mansor was convicted for taking bribes from a contractor in exchange for a government project to supply solar energy to rural schools.

Crypto / Digital Assets

Malaysia SC Adds Huobi to Investor Alert List

By Editors | 25/08/2022

The Securities Commission said Huobi is operating a digital asset exchange without being registered with the regulator.

ESG / Sustainability

Malaysia SC Expands SRI Sukuk and Bond Grant Scheme

By Editors | 24/08/2022

The grant scheme, designed to help defray external review costs, is being extended to cover SRI-linked sukuk issued under the SC’s new framework.

AML / KYC

Malaysia: Federal Court Upholds Najib Razak Conviction

By Editors | 24/08/2022

Najib was convicted in 2020 on 1MDB-related charges. The federal court upheld the conviction, requiring him to serve a 12 year jail sentence.

AML / KYC

Malaysia to Enhance AML Supervision of Company Secretaries, Trust Companies

By Editors | 23/08/2022

The Companies Commission of Malaysia will “take on greater responsibility” in supervising company secretaries and trust companies “in the near future”.