Malaysia

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.

Securities / Derivatives

Malaysia SC Increases Gearing Limit for M-REITs

By Editors | 12/08/2020

The increase is temporary to provide Malaysian REITs greater flexibility to manage cash flows and debt and capital structures more efficiently.

Market Infrastructure

Malaysia Works to Enable Real-time Cross-border Payments

By Editors | 10/08/2020

A cross-border link between Singapore’s PayNow and Thailand’s PromptPay will extend to Malaysia’s DuitNow, a BNM official said.

AML / KYC

Malaysia Jails Eight Over Illegal Deposit-taking Scheme

By Editors | 05/08/2020

Eight individuals were sentenced to between three and nine years’ jail. Total fines issued, including against three companies, amount to $310mn.

Fintech / Regtech

Malaysia Launches New Initiative to Boost Fintech Development

By Editors | 04/08/2020

The Fintech Booster programme is expected to spur a more dynamic fintech ecosystem that can facilitate continued innovation in the financial services sector.

AML / KYC

Ex Coutts Banker Fined Over $700m 1MDB Transfer

By Editors | 03/08/2020

The former Coutts & Co banker approved a $700mn transfer request from Jho Low, the alleged mastermind behind the 1MDB scandal, despite repeated red flags.

Market Infrastructure

SC Orders Bursa Malaysia to Conduct Full Systems Review

By Sanday Chongo Kabange | 02/08/2020

The Securities Commission has ordered Bursa Malaysia to conduct a thorough systems review, after a glitch forced a trading halt in mid-July.