Bank Negara Malaysia

Anti-Money Laundering

Malaysian Authorities Bust Illegal Money Services Network

By Editors | 05/08/2019

In raids were jointly conducted by central bank, police and immigration officers, authorities seized almost $1mn, along with documents, computers and mobile phones.

Liquidity Risk

Malaysia to Implement NSFR from July 2020

By Editors | 01/08/2019

From 1 July 2020, banks will be required to maintain a minimum NSFR of 100% at all times and to submit NSFR reports to BNM on a quarterly basis.

Cryptocurrency

Malaysia to Finalise Regulatory Framework for ICOs by Year-End

By Editors | 06/07/2019

A framework for ICOs, originally expected by the end of Q1, is now under review by relevant stakeholders, according to deputy finance minister Datuk Amiruddin Hamzah.

Cybersecurity

BNM to Set Up Cyber Threat Intelligence Platform

By Editors | 19/06/2019

BNM governor says the platform will strengthen the financial industry’s capabilities to respond to cyber threats and help create a safe environment for innovation.

Structural Regulation

BNM Issues Draft Rules for Electronic Trading Platforms

By Editors | 17/06/2019

BNM has issued a policy document laying out its expectations of companies providing electronic trading platforms in the FX and money markets.

Structural Regulation

Singapore, Malaysia, Vietnam on US Watchlist for Currency Practices

By Manesh Samtani | 31/05/2019

The US Treasury’s monitoring list now names nine countries that could potentially be labeled currency manipulators, including China, Japan and Korea.

Trading & Investment

BNM Announces Initiatives to Boost Market Liquidity, Accessibility

By Editors | 20/05/2019

The changes include enhanced repo market liquidity and flexibility, easier access to forex market, and an improved delivery mechanism for MGS futures settlements, among others.

Cybersecurity

Open Banking Security Risks May Open Pandora’s Box

By Peter Lancos | 09/05/2019

The open banking initiative could be put in jeopardy if data is not sufficiently secured, say Peter Lancos, Jonathan Naismith and Suraj Nittoor at Exate Technology.

Climate Risk

Central Banks Call for Collective Action to Mitigate Climate Risks

By Editors | 23/04/2019

The Central Banks and Supervisors ‘Network for Greening the Financial System’ has published a report providing recommendations to mitigate climate-related financial risks.