Bank Negara Malaysia

    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.

    Sustainable Finance

    BNM to Update Framework for Microinsurance, Microtakaful Products

    By Editors | 03/12/2020

    The proposals presented in a new exposure draft seek to promote more innovative, sustainable and inclusive insurance and takaful business models.

    Credit Risk

    BNM Provides Details on New Financing Facilities for SMEs

    By Editors | 03/12/2020

    The budget initiatives included a targeted facility for SME working capital, credit for micro enterprises, and support for high-tech SMEs.

    Climate Risk

    Malaysia, Japan Authorities Appointed to NGFS Steering Committee

    By Sanday Chongo Kabange | 23/11/2020

    The inclusion of Japan’s FSA, BNM and Bank of Canada on the steering committee will widen the NGFS’ global reach and strengthening its geographical representation.

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