Bank Negara Malaysia

Capital Adequacy

Malaysia Issues Draft Policy Framework for D-SIBs

By Editors | 04/04/2019

The draft policy framework sets out a proposed assessment methodology to identify D-SIBs in Malaysia and the applicable HLA and reporting requirements.

Anti-Money Laundering

Malaysia Mulls Cash Transaction Limit as AML Measure

By Editors | 01/04/2019

Bank Negara Malaysia will conduct a public consultation by Q3 to gather feedback on the implementation of a cash transaction limit, what it should be, and whether it is even desirable.

Structural Regulation

Malaysia Seeks Licensing Regime for Virtual Banks by Year-End

By Editors | 29/03/2019

Though discussions are still in the preliminary stages, Malaysia’s central bank is looking to publish its requirements for virtual bank licences by the end of the year.

Cybersecurity

Malaysia to Introduce Technology Risk Policy in June – Report

By Editors | 25/02/2019

BNM plans to introduce its policy on technology risk management in June, providing guidelines for financial institutions to combat the rising incidence of cybercrime.

Cloud & Infrastructure

Malaysia Issues Policy Standards for Open Data APIs

By Editors | 08/01/2019

A new central bank policy document outlines recommendations for financial institutions developing and publishing Open Data APIs.

Operational Risk

BNM Issues Policy Document Targeting Outsourcing Risk at FIs

By Editors | 31/12/2018

Malaysia’s central bank has raised expectations on the board and senior management to ensure effective oversight and governance of outsourcing arrangements.

Cryptocurrency

Malaysia Clarifies Regulatory Treatment of Cryptocurrencies

By Editors | 07/12/2018

ICO issuers and digital asset exchanges will be regulated by the Securities Commission and subject to AML/CTF guidelines, as well as BNM laws and regulations relating to payments.

Anti-Money Laundering

Malaysia has ‘Robust’ AML/CFT Framework – APG-FATF

By Editors | 01/11/2018

More actions needed to further strengthen the framework, including a greater focus on terrorist financing risk from the private sector and foreign source threats.

Liquidity Risk

Malaysia Pushes NSFR Implementation to 2020

By Garima Chitkara | 26/10/2018

Bank Negara Malaysia intends to conduct further on-site assessments to ensure robustness in liquidity and funding at banks.