Malaysia

Securities / Derivatives

Malaysia Unveils Strategic Roadmap to Develop Labuan IBFC

By Editors | 28/06/2022

The roadmap includes plans to develop regulatory requirements for digital assets, the tokenisation of non-securities, and dealings on digital exchange platforms.

Enforcement

Malaysia SC Charges Former Investment Banker for Deception

By Editors | 19/06/2022

The former Hong Leong investment banker deceived four investors into investing in investment schemes that in reality did not exist, the SC said.

Market Infrastructure

Malaysia SC to Review Rules for Credit Rating Agencies

By Editors | 13/06/2022

The SC plans to make it a requirement for the majority of board members and the rating committee to be independent.

ESG / Sustainability

Bursa Malaysia Issues ESG Guidance for Listed Companies

By Editors | 13/06/2022

The guidance is issued as part of an initiative to help listed companies adopt best practices in areas such as governance and sustainability.

AML / KYC

BNM Directs Banks to Enhance Fraud Risk Controls

By Editors | 12/06/2022

BNM will take supervisory and enforcement actions against banks that fail to protect their customers from fraud risk.

Fintech / Regtech

BNM Issues Draft Guidance on Managing Cloud Risks

By Sanday Chongo Kabange | 05/06/2022

The guidance sets out expectations on the governance processes, design principles, and operational controls FIs should consider when adopting cloud services.

AML / KYC

Malaysia SC Offers Guidance on Detecting Fake Investment Firms

By Editors | 01/06/2022

In one case, approximately $821,000 flowed through one mule bank account controlled by scam operators within a period of six months.

ESG / Sustainability

Bursa Malaysia Advances Work on Voluntary Carbon Market

By Editors | 30/05/2022

Bursa Malaysia has signed an MOU with non-profit organisation Verra, which manages the world’s largest GHG crediting programme.

Securities / Derivatives

Malaysia SC, Labuan FSA to Enhance Supervisory Cooperation

By Editors | 24/05/2022

The MOU will enable the SC and FSA to strengthen collaboration in areas such as risk monitoring and promote capital market stability.