Malaysia

Securities / Derivatives

Malaysia Launches Physically Delivered MGS Futures Contract

By Editors | 21/09/2020

The revised contract will enhance risk management at FIs and allow them to hedge interest rate risks, while also providing new trading opportunities for other market participants.

ESG / Sustainability

Malaysian FIs to Pilot Implementation of Climate Risk Taxonomy

By Manesh Samtani | 16/09/2020

This month, 12 financial institutions will commence a pilot to implement a principles-based taxonomy for classifying climate risk, one of a number of initiatives to build climate resilience.

Enforcement

Bursa Malaysia Suspends Prop Trader For Order Book Manipulation

By Sanday Chongo Kabange | 10/09/2020

The trader placed buy orders at multiple price levels to induce other participants into the market and facilitate his own disposal of the shares at higher prices.

AML / KYC

US Recovers $60m in 1MDB Funds from Najib Razak’s Stepson

By Editors | 06/09/2020

The assets recovered include luxury real estate in Beverly Hills, New York and London, a Kentucky maintenance company, and a 1927 promo poster for the film “Metropolis”.

AML / KYC

BNM Issues Guidance Documents on AML/CFT Obligations

By Editors | 02/09/2020

Guidance is provided for financial institutions, DNFBPs and NBFIs on AML/CFT and targeted financial sanctions, customer due diligence and beneficial ownership.

Crypto / Digital Assets

Malaysia, Indonesia Regulators Sign Fintech Cooperation Pact

By Sanday Chongo Kabange | 24/08/2020

The agreement aims to facilitate information sharing, provide joint innovation opportunities, and facilitate cross-border referrals of fintech businesses.

Malaysia Bolsters Debt Resolution Support for SMEs

By Editors | 19/08/2020

From 1 September, SMEs can seek debt restructuring services, financial education and advisory from the Credit Counselling and Debt Management Agency, known as the AKPK.

ESG / Sustainability

Bursa Malaysia Publishes ESG Scores of Publicly Listed Companies

By Editors | 16/08/2020

The availability of ESG ratings will help investors and allow listed companies to benchmark themselves against their peers in terms ESG performance, Bursa Malaysia says.

Securities / Derivatives

Bursa Malaysia Amends Listing Rules to Protect Shareholders

By Editors | 13/08/2020

Disclosures requirements applicable to new issues are enhanced, director independence is strengthened, and transparency on loans linked to controlling shareholders is improved.