Bank Negara Malaysia

Climate Risk

Malaysian FIs to Start Applying Climate Risk Taxonomy

By Editors | 02/03/2021

Financial institutions will begin capturing exposures based on the Climate Change and Principles-Based Taxonomy over the course of 2021.

Supervision & Enforcement

Malaysia Secures Settlement from AmBank to Resolve 1MDB Claims

By Editors | 01/03/2021

AmBank was used by former prime minister Najib Razak to receive billions of ringgit linked to a 1MDB unit between 2014 and 2015.

Structural Regulation

Over 40 Parties to Apply for Digital Bank Licence: BNM

By Editors | 11/02/2021

Applications are being accepted until 30 June 2021, with BNM planning to award up to five licences in the first quarter of 2022.

Operational Risk

2021 Outlook for BCBS 239 Compliance in Southeast Asia

By Irene Liu | 26/01/2021

PwC’s South East Asia Consulting team discusses progress made to comply with BCBS 239 in Southeast Asian jurisdictions, providing an outlook and recommendations for the year ahead.

Liquidity Risk

BNM Extends Flexibility to Use Govt Securities to Meet SRR

By Editors | 21/01/2021

Since March 2020, the lower SRR ratio and flexibility to recognise MGS and MGII as part of SRR compliance have released MYR 46 billion in banking system liquidity.

Structural Regulation

BNM Opens Six Month Application Period for Digital Bank Licences

By Manesh Samtani | 03/01/2021

Applicant must demonstrate a commitment to driving financial inclusion. Preference will be accorded to applications where the controlling interest resides with Malaysian nationals.

Structural Regulation

Malaysia: BNM Tasks Committee With Benchmark Reform Objectives

By Editors | 22/12/2020

The Financial Markets Committee will be tasked with overseeing the development of an alternative reference rate for Malaysia and deciding on whether to retain KLIBOR.

Emerging Prudential Risks

BNM Launches New Financing Facility for ‘High Tech’ SMEs

By Editors | 20/12/2020

The facility will cater to SMEs in advanced manufacturing and services sectors as well as those participating in key government programmes.

Capital Adequacy

BNM Finalises Transitional Arrangements for ECL Accounting

By Editors | 10/12/2020

Financial institutions can add back a portion of their Stage 1 and Stage 2 provisions for ECL to Tier 1 capital over a four or three year period.