Malaysia

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.

Market Infrastructure

Malaysia Stimulus Package to Boost Financial Sector, SMEs

By Editors | 28/02/2020

The measures include an immediate 12-month waiver of listing-related fees for smaller companies, a new capital market investment fund, and additional financing options for SMEs.

Securities / Derivatives

Bursa Malaysia Subsidiary to Assume All Regulatory Functions

By Editors | 25/02/2020

The establishment of the new wholly-owned subsidiary, ‘Bursa RegSub’, follows a similar approach to SGX, which formed SGX RegCo to undertake all regulatory functions in 2017.

Securities / Derivatives

Malaysia to Allow Private Retirement Schemes to Invest Overseas

By Editors | 22/02/2020

Malaysia’s Securities Commission says it will allow conservative PRS funds to invest in foreign markets, providing them more flexibility in asset allocation.