Bank Negara Malaysia

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    KYC & CDD

    BNM Fines Multiple Banks for AML and Reporting Failures

    By Nithya Subramanian | 29/05/2025

    Bank Pembangunan and two HSBC entities were penalised for failures to properly identify and verify beneficial owners.

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    Structural Regulation

    Malaysia Courts Family Offices with Tax Breaks to Boost Capital Market

    By Editors | 24/05/2025

    SC official promotes incentives, including zero-tax rate and visa schemes, to attract single family offices to Forest City.

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    Liquidity Risk

    BNM Lowers Statutory Reserve Requirement for Banks

    By Nithya Subramanian | 09/05/2025

    BNM said the reduction is intended to enhance liquidity management and support financial intermediation.

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    PEPs & Sanctions

    BNM Fines Two MSB Licensees for Sanctions Screening Gaps

    By Editors | 04/05/2025

    Merchantrade Asia and JAGS Money failed to update their sanctions databases promptly. Both have since taken remedial measures.

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    Climate Risk

    BNM Leads ASEAN Push to Green Supply Chains

    By Nithya Subramanian | 13/04/2025

    Drawing from Malaysia’s GVC programme, the UNDP, BNM and ADB published a playbook to help ASEAN SMEs decarbonise.

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    Cybersecurity

    Malaysia, Thailand Partner on Cyber Resilience Efforts

    By Sanday Chongo Kabange | 10/04/2025

    BNM and BOT’s central banks will collaborate on cybersecurity preparedness and strengthen the cyber defences of both nations’ financial industries.

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    Payments & Settlements

    Cambodia Joins ASEAN Regional Payment Connectivity Initiative

    By Nithya Subramanian | 10/04/2025

    Malaysia and Cambodia also launched the second phase of cross-border QR payment linkage, expanding connectivity between the two countries.

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    Clearing & Post-Trade

    LCH Launches Malaysian Ringgit Non-deliverable Swaps

    By Nithya Subramanian | 08/04/2025

    CIMB and Maybank were among the first institutions to clear MYR-denominated non-deliverable interest rate swaps.

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    Payments & Settlements

    Asian Central Banks to Jointly Establish Multilateral Payments Scheme

    By Manesh Samtani | 07/04/2025

    RBI, BNM, BSP, MAS and BOT aim to make the Nexus platform a scalable multilateral model for connecting instant payment systems globally.

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    Conduct, Culture & Accountability

    BNM Finalises Policy on Complaints Handling

    By Nithya Subramanian | 01/04/2025

    The policy document sets out requirements for firms to establish fair, effective and transparent complaints handling mechanisms.

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