Malaysia

Capital / Liquidity

BNM Offers Regulatory Relaxations to Support Lending Activities

By Editors | 25/03/2020

Besides an NSFR relaxation, banks can drawdown on the capital conservation buffer, operate below 100% LCR, and utilise regulatory reserves they have set aside.

Capital / Liquidity

BNM Orders Automatic Moratorium on Loan Repayments

By Editors | 24/03/2020

Credit card balances should be converted to term loans. Banks will have to maintain a minimum NSFR of 80% instead of 100% from 1 July.

Securities / Derivatives

Malaysia Suspends Short-selling, Grants Relief to Licensed Entities

By Editors | 24/03/2020

The short-selling suspension will last until 30 April 2020. Annual licensing fees will be waived. CPE and professional training requirements will be eased.

SC Malaysia Grants Regulatory Flexibilities to Market Participants

By Editors | 23/03/2020

The deadlines for market participants to comply with regulatory requirements relating to submissions and training requirements have been extended.

Capital / Liquidity

BNM Cuts Statutory Reserve Requirement for Banks

By Editors | 20/03/2020

BNM has lowered the SRR ratio to the lowest level since April 2011, and is allowing principal dealers to recognise MGS and MGII up to 1 billion ringgit as part of SRR compliance.

Securities / Derivatives

Malaysia Allows Listed Companies to Defer Quarterly, Annual Reports

By Editors | 19/03/2020

Listed companies and REITs managers with a financial year-end of 31 December 2019 can also defer their AGMs.

Securities / Derivatives

Bursa Malaysia to Add Anti-Corruption Measures to LEAP Market Rules

By Editors | 09/03/2020

Bursa Malaysia seeks feedback on whether the requirements for LEAP Market companies to implement anti-corruption and whistle-blowing measures should be principle-based or prescriptive.

Market Infrastructure

Central Banks Act to Mitigate Covid-19 Economic Threat

By Editors | 04/03/2020

The HKMA has responded to the US rate cut with a cut of its own. The RBA and BNM have also cut their key policy rates, while the BOJ focuses on asset purchases.

Market Infrastructure

BNM Updates Regulatory Framework for Digital Banks in New Draft

By Editors | 03/03/2020

The new exposure draft incorporates a simplified regulatory framework for digital banks applicable during the initial three to five years of operations.