Bank Negara Malaysia

Reporting & Disclosures

Malaysia Set to Consult on Local Use of ISSB Standards 

By Editors | 09/01/2024

A six-week public consultation will be launched next month to solicit views and feedback on implementing the ISSB standards.

Conduct, Culture & Accountability

BNM Finalises Responsibility Mapping Framework for FIs

By Editors | 30/12/2023

A two-year transitional period, instead of one year as initially proposed, is provided before the responsibility mapping framework comes into effect.

Operational Risk

BNM Finalises Capital Rules for Operational Risk, CCP Exposures

By Sanday Chongo Kabange | 18/12/2023

BNM consulted on the new requirements late last year. The new requirements will take effect on 1 January 2025.

Credit Risk

BNM Sets Regulatory Requirements for BNPL Products

By Manesh Samtani | 17/12/2023

The policy prohibits “pre-approved” BNPL credit, requires affordability assessments to be performed, and limits the fees that can be charged.

Fraud, Scams & Cybercrime

Malaysia SC to Launch New Anti-Scam Search Portal by Year-End

By Editors | 20/11/2023

By mid 2024, BNM and PayNet will also have finished building the new National Fraud Portal, a “smart system” for tracing fund movements and identifying money mules.

Payments & Settlements

BIS Innovation Hub Unveils First Use Case for Project Mandala

By Editors | 20/11/2023

Project Mandala seeks to address disparate policy and regulatory frameworks across jurisdictions that hinder cross-border payments.

Payments & Settlements

MAS Launches Payment Linkages with Malaysia, Indonesia

By Editors | 19/11/2023

The payment links are described as “significant milestones” to enable faster and cheaper cross-border payments and promote greater regional economic integration.

Resolution & Recovery

BNM is Assessing First Recovery Plans of Malaysian Banks

By Mark Johnston | 24/10/2023

BNM will engage with banks in the coming months on their recovery plans. Vulnerable banks may be asked to make business strategy changes.

Sustainable Finance

BNM Earmarks MYR 600m for SMEs in Four Priority Segments

By Mark Johnston | 21/10/2023

BNM announces funding and grants for SMEs in four segments to help MSMEs participate in key national initiatives.