Bank Negara Malaysia

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.

Structural Regulation

BNM to Finalise Licensing Framework for Digital Insurers in 2024

By Sanday Chongo Kabange | 06/10/2023

Following consultation, BNM said it would refine and enhance several aspects of the framework for digital insurers and takaful operators.

Payments & Settlements

APAC Central Banks Explore Common Protocol for Regulatory Policy

By Manesh Samtani | 05/10/2023

Project Mandala will be run by BIS Innovation Hub Singapore Centre, along with the RBA, BOK, BNM and MAS, with collaboration from FIs.

Fraud, Scams & Cybercrime

BNM Working to Streamline Industry Response to Scams

By Manesh Samtani | 05/10/2023

BNM governor Datuk Abdul Rasheed Ghaffour discussed efforts underway in Malaysia to tackle the challenges of scams.

Credit Risk

BNM Consults on Draft Rules for Islamic Collateralised Funding

By Sanday Chongo Kabange | 04/10/2023

The draft policy document sets out the scope of transactions that can be conducted by a banking institution participating in the Islamic interbank money market.

Payments & Settlements

Malaysia to End Fee Waiver on QR Payments to Merchants

By Editors | 02/10/2023

Public Bank, Maybank, CIMB, and TNG Digital said they will not impose the merchant transaction fee for the time being.

Climate Risk

Malaysian Regulators Ramp Up Focus on SMEs in Green Transition

By Editors | 28/09/2023

Tailored guidance is being developed for SMEs on the information they should provide to FIs. A new SME focus group has also been established.

Structural Regulation

Grab-Singtel Digital Bank Approved for Launch in Malaysia

By Editors | 07/09/2023

GXBank, backed by Grab, Singtel and Kuok Brothers, has become the first digital bank applicant to win approval to commence operations.