Malaysia

Crypto / Digital Assets

Bursa Malaysia Concludes Blockchain Bond POC with STACS

By Sanday Chongo Kabange | 03/06/2021

The collaborative efforts from the PoC have established a new ‘Bond in a Box’ operating model that shows commercial potentials, the project report says.

Capital Markets Workforce Capped as Malaysia Enters Lockdown

By Editors | 31/05/2021

The banking, insurance, takaful and capital markets sectors will operate at 60 percent capacity during a 2-week lockdown starting 1 June.

Fintech / Regtech

Malaysia Launches Islamic Fintech Accelerator Programme

By Editors | 26/05/2021

The FIKRA Islamic Fintech Accelerator Programme seeks to promote an Islamic fintech innovation ecosystem in Malaysia’s capital market.

Securities / Derivatives

Bursa Malaysia Grants Extension for Issuing Financial Statements

By Editors | 25/05/2021

The announcement comes at a time when Malaysia is under a four-week nationwide lockdown until 7 June.

Market Infrastructure

BNM Consults on Multi-rate Approach to LIBOR Transition

By Manesh Samtani | 21/05/2021

A new discussion paper proposes that the Malaysian ARR be based on overnight transactions in the interbank market, and that the ARR runs in parallel to KLIBOR.

Securities / Derivatives

Bursa Malaysia Set to Pilot Market Making in Stocks

By Editors | 20/05/2021

Firms can register as stock market makers and carry out market making activities in eligible stocks, helping to improve liquidity and price efficiency of these stocks.

AML / KYC

US DOJ Repatriates $460m of Seized 1MDB Funds to Malaysia

By Editors | 16/05/2021

Seized and repatriated 1MDB funds are being utilised to repay and service 1MDB and SRC’s debts, which remain above $10.2billion.

AML / KYC

Malaysia Files 22 Civil Suits to Recover 1MDB Losses

By Manesh Samtani | 11/05/2021

Among those named in the lawsuits are Deutsche Bank, Coutts, JPMorgan, former prime minister Najib Razak, and Malaysian financier Jho Low.

Securities / Derivatives

Malaysia to Allow Circuit Breaker to Revert to Original Parameters

By Editors | 10/05/2021

The decision reflects the improving economic outlook, the roll-out of the vaccination programme, and the normalisation of global market conditions.