Bank Negara Malaysia

Cryptocurrency

BNM Paper Proposes Hybrid Shariah Framework for Modern Money

By Manesh Samtani | 13/08/2025

The exploratory academic paper on the nature of money was widely misinterpreted by crypto-focused news outlets as a central bank endorsement of specific private digital assets.

Sustainable Finance

Malaysia to Develop "Science-Based" Sustainable Finance Taxonomy

By Editors | 12/08/2025

The Joint Committee on Climate Change also plans to issue guidance on new reporting rules and tackle persistent climate data gaps.

Payments & Settlements

Malaysia, Indonesia, Thailand Expand Local Currency Settlement Network

By Nithya Subramanian | 06/08/2025

The central banks have appointed new ACCDs to support the LCTF, to boost trade and investment settlements in ringgit, rupiah and baht.

AI Risk & Governance

BNM Targets New Rules on AI, Open Finance and Asset Tokenisation

By Sanday Chongo Kabange | 05/08/2025

BNM has announced three major regulatory papers to guide responsible innovation and data sharing in the financial sector.

AI Risk & Governance

BNM Proposes AI Governance Framework for Financial Sector

By Nithya Subramanian | 05/08/2025

New discussion paper proposes responsible innovation through transparency, accountability, and ethical data use while mitigating risks such as bias, opacity, and misuse.

PEPs & Sanctions

BNM Fines Three Lenders for Regulatory Breaches

By Nithya Subramanian | 31/07/2025

The fines were imposed for breaches involving deficient AML controls, delayed sanctions screening, and banking service outages.

Sustainable Finance

Malaysia Rolls Out Sustainable Islamic Repo Framework

By Nithya Subramanian | 30/07/2025

The move is expected to drive innovation, liquidity, and sustainable growth in the country’s Islamic finance ecosystem.

Structural Regulation

Malaysia Moves Forward with Plans for Penang Financial Centre

By Nithya Subramanian | 30/07/2025

The proposed PIFC, currently under discussion with regulators, aims to drive long-term economic growth, with facilities for fund management and fintech.

Fraud, Scams & Cybercrime

Malaysia to Expand, Enhance National Scam Response Centre

By Nithya Subramanian | 28/07/2025

The expansion will bring the SC and Domestic Trade Ministry into the NSRC, and create 139 new positions within the centre.