BANK NEGARA MALAYSIA

Fintech / Regtech

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.

Securities / Derivatives

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.

Fintech / Regtech

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.

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.

AML / KYC

BNM Issues Policy Document for Improving Financial Inclusion

By Nithya Subramanian | 31/03/2025

The policy requires financial firms to provide basic, low-cost deposit accounts to consumers, especially those in unserved and underserved segments.

AML / KYC

Malaysian Banking Sector Takes Effective Steps to Avert Scams: BNM

By Nithya Subramanian | 26/03/2025

The NFP has reduced the time taken to identify suspected fraud transactions by 75% and increased identification of mule accounts by 65%.

Market Infrastructure

Malaysia, Indonesia, Thailand to Ramp Up Local Currency Transactions

By Nithya Subramanian | 18/02/2025

New framework streamlines processes and broadens the scope of cross-border transactions eligible for local currency settlement to include portfolio investments.

Fintech / Regtech

BIS Releases Details of Planned Cross-border Payments PoC

By Manesh Samtani | 17/02/2025

Project Rialto will link instant payment systems to a transnational network with an automated FX conversion layer for settlement in central bank money.

BNM Consults on New National Strategy for Financial Literacy

By Nithya Subramanian | 17/02/2025

BNM said there have been improvements in financial behaviour and awareness, but consumers face new challenges in the digital era