Malaysia

Fintech / Regtech

BNM Opens Six Month Application Period for Digital Bank Licences

By Manesh Samtani | 03/01/2021

Applicant must demonstrate a commitment to driving financial inclusion. Preference will be accorded to applications where the controlling interest resides with Malaysian nationals.

Securities / Derivatives

SC Malaysia Issues Guidance to Address Unlicensed Investment Advice

By Editors | 03/01/2021

An increasing number of social media, chat room and messaging applications are providing stock recommendations or investment advice to the public for a fee.

Market Infrastructure

Malaysia: BNM Tasks Committee With Benchmark Reform Objectives

By Editors | 22/12/2020

The Financial Markets Committee will be tasked with overseeing the development of an alternative reference rate for Malaysia and deciding on whether to retain KLIBOR.

BNM Launches New Financing Facility for ‘High Tech’ SMEs

By Editors | 20/12/2020

The facility will cater to SMEs in advanced manufacturing and services sectors as well as those participating in key government programmes.

Securities / Derivatives

Bursa Malaysia, Global Compact to Collaborate on Sustainability Agenda

By Editors | 20/12/2020

The collaboration will include the development of a Corporate Sustainability Competency Framework, which will serve as a reference for corporate sustainability professionals.

Securities / Derivatives

Malaysia to Lift Short Selling Ban, Intraday Ban to Remain

By Editors | 17/12/2020

The dynamic and static price limits and revised circuit breaker mechanism implemented in July will be extended. Margin financing flexibilities for brokers will remain in place.

Securities / Derivatives

Bursa Malaysia, Shenzhen Bourse Cross-Promote Indices

By Editors | 14/12/2020

Bursa and the SZSE will each display three key indices from each other’s market, as part of efforts to increase visibility and create opportunities for cross-border investment.

Capital / Liquidity

BNM Finalises Transitional Arrangements for ECL Accounting

By Editors | 10/12/2020

Financial institutions can add back a portion of their Stage 1 and Stage 2 provisions for ECL to Tier 1 capital over a four or three year period.

Securities / Derivatives

Bursa Malaysia Expands Market-making Framework

By Editors | 08/12/2020

The expansion will enhance the attractiveness and competitiveness of the capital market, and entice more investors and market participants, Bursa says.