Malaysia

BNM to Update Framework for Microinsurance, Microtakaful Products

By Editors | 03/12/2020

The proposals presented in a new exposure draft seek to promote more innovative, sustainable and inclusive insurance and takaful business models.

Fintech / Regtech

Malaysia Completes Bond Tokenisation POC in Offshore Market

By Editors | 03/12/2020

The POC demonstrated that digital bonds could be issued and managed on a blockchain, and its attributes allow for new service expansion offerings.

BNM Provides Details on New Financing Facilities for SMEs

By Editors | 03/12/2020

The budget initiatives included a targeted facility for SME working capital, credit for micro enterprises, and support for high-tech SMEs.

ESG / Sustainability

Malaysia, Japan Authorities Appointed to NGFS Steering Committee

By Sanday Chongo Kabange | 23/11/2020

The inclusion of Japan’s FSA, BNM and Bank of Canada on the steering committee will widen the NGFS’ global reach and strengthening its geographical representation.

Securities / Derivatives

SC Malaysia Launches New Framework for Islamic Funds

By Shruti Khairnar | 13/11/2020

The framework looks to boost Islamic finance with a wide offering of products that are linked to socially impactful activities through waqf features.

Securities / Derivatives

Malaysia SC Proposes Changes Guidelines on Unit Trust Funds

By Shruti Khairnar | 12/11/2020

The SC is consulting on changes as part of ongoing efforts to strengthen market competitiveness and develop the Malaysian funds industry.

BNM Announces Targeted Borrower Relief Under Record National Budget

By Editors | 09/11/2020

Among the measures, BNM will establish a 2bn ringgit facility for SMEs to borrow from participating FIs at concessionary rates and with a government guarantee.

Enforcement

SC Malaysia Wins MYR 3.1m in Insider Trading Case

By Sanday Chongo Kabange | 05/11/2020

The former senior partner of a law firm acquired shares in Worldwide Holdings in the months leading up to an announcement that the firm would be privatised.

Crypto / Digital Assets

Malaysia’s Guidelines on Digital Assets Enter Into Force

By Editors | 28/10/2020

The Securities Commission invites parties interested in registering as IEO platform operators or digital asset custodians to start submitting their applications.