Bank Negara Malaysia

Anti-Money Laundering

Malaysia Records Surging Suspicious Transactions and Scams

By Ranamita Chakraborty | 31/07/2023

Bank Negara Malaysia’s deputy governor revealed that the central bank’s financial intelligence unit saw a nearly 30 percent increase in suspicious transaction reports compared to the previous year.

Reporting & Disclosures

BNM Issues New Roadmap for Advancing Financial Inclusion

By Sanday Chongo Kabange | 25/06/2023

BNM outlines the key barriers to financial inclusion, and four strategic enablers that will support further progress.

Credit Risk

BNM Seeks Feedback on Impaired Loans Disposal Rules

By Mark Johnston | 19/06/2023

The exposure draft sets out new requirements and guidance for sellers and buyers of impaired loans/financing.

Structural Regulation

Bank Negara Malaysia Announces New Governor

By Editors | 09/06/2023

Outgoing governor Nor Shamsiah said she is confident that Abdul Rasheed Abdul Ghaffour is the “right person” to helm BMN as governor.

Cloud & Infrastructure

BNM Incorporates Cloud-specific Risks in Regulatory Framework

By Sanday Chongo Kabange | 02/06/2023

BNM has updated its policy on risk management in technology to include requirements on the adoption and use of public cloud infrastructure.

Reporting & Disclosures

Malaysia Establishes Advisory Committee on Sustainability Reporting

By Manesh Samtani | 24/05/2023

The Committee will explore the enablers that would support the implementation of the ISSB Standards in Malaysia, and discuss matters related to assurance of sustainability statements.

Payments & Settlements

Thailand Considers Using Local Currency Settlement for China Trade

By Sanday Chongo Kabange | 18/05/2023

Bank of Thailand has been studying the barriers to yuan-baht payments and plans to reduce these barriers this year.

Reporting & Disclosures

Malaysia to Update TCFD Adoption Guide for FIs

By Editors | 17/05/2023

The guide will be updated to take into account the new general sustainability-related (S1) and climate-related (S2) disclosure standards from the ISSB.

Payments & Settlements

Indonesia, Malaysia Expand Cross-Border QR Payment Link

By Editors | 08/05/2023

The linkage will provide “faster, cheaper, more transparent and more inclusive cross-border payments”, said Bank Indonesia governor Perry Warjiyo.