ADVERTISEMENT
Payments & Settlements
Malaysia, Indonesia Launch Cross-border QR Payments Linkage
By Editors | 27/01/2022
The linkage will eventually be expanded to support real-time cross-border fund transfers. The 2nd phase of Malaysia’s QR payment linkage with Thailand has also gone live.
Cloud & Infrastructure
BNM Unveils Five Year Blueprint to Develop Financial Sector
By Manesh Samtani | 25/01/2022
The blueprint contains plans to advance financial sector digitalisation, develop an open data ecosystem, and improve efficiency in cross-border payments.
Sustainable Finance
BNM to Open New Funding Facilities to Support SMEs
By Mark Johnston | 24/01/2022
The Business Recapitalisation Facility will support recovery and growth, while the Low Carbon Transition Facility will support the adoption of sustainable practices.
Payments & Settlements
BNM Proposes Rule Changes for Payment Card Industry
By Mark Johnston | 10/01/2022
The changes will address distortions and frictions in the payment card market and foster greater usage and acceptance of payment cards, BNM says.
Structural Regulation
BNM Proposes New Licensing Framework For Digital Insurers
By Sanday Chongo Kabange | 05/01/2022
Digital insurers and takaful operators should have a minimum paid-up capital of MYR 40 million during the foundational phase.
Conduct, Culture & Accountability
BNM Finalises Guidance for Wholesale Financial Market Conduct
By Mark Johnston | 04/01/2022
Market conduct risk assessments should be done at least annually, to serve as a systematic method for assessing susceptibility to misconduct and documenting mitigating actions or controls.
Cybersecurity
BNM Revises Regulatory Framework for Money Services Businesses
By Mark Johnston | 03/01/2022
The draft rules cover governance arrangements, operational requirements, risk management and internal controls, and IT requirements.
Payments & Settlements
Malaysia, Thailand Launch Phase 2 of QR Payments Linkage
By Editors | 02/01/2022
Cross-border instant QR payments are now available for travellers between Malaysia and Thailand, including for online e-commerce transactions.
Climate Risk
BNM Drafts New Rules on Climate Risk Management, Scenario Analysis
By Manesh Samtani | 28/12/2021
A gap analysis and implementation plans must be submitted to BNM within six months from the issuance of the final policy document, expected on 1 June 2022.
Sustainable Finance
Malaysia SC Seeks Feedback on Principles-based SRI Taxonomy
By Editors | 20/12/2021
The Sustainable and Responsible Investment taxonomy features environment, social and sustainability components, as well as guiding principles on transition finance.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.