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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.

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.

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.

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.

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.

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.

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.

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.

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.

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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