Bank Negara Malaysia

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.

Data Privacy

Malaysia Seeks GDPR-Style Data Protection Laws

By Manesh Samtani | 09/10/2018

Malaysia needs to be on par with global legislation on data protection such as GDPR, said Minister Gobind Singh Deo at a recent conference.

Anti-Bribery & Corruption

Malaysia Central Bank Chief Resigns Amid 1MDB Controversy

By Manesh Samtani | 07/06/2018

Controversy relates to a land purchase by BNM; proceeds used by government to partly settle debt owed by troubled state fund 1MDB.

Conduct, Culture & Accountability

Malaysia Adopts FSPB Professional Code for Finance Industry

By JP Reimann | 28/05/2018

The code aims to instil core minimum standards of conduct, enhance confidence, promote sustainability across financial sector by promoting strong culture of professionalism.

Payments & Settlements

Malaysia Implements Segregated Accounts for Bond Investors

By Manesh Samtani | 23/05/2018

BNM has operationalised segregated securities accounts for resident and non-resident investors in RENTAS debt securities using LEIs to identify transacting parties.

Cybersecurity

Malaysia Foils Cyber Attack Involving Falsified SWIFT Messages

By Manesh Samtani | 01/04/2018

Unauthorised transactions were prevented by central bank, no financial losses occurred; near breach prompts increased vigilance in the Philippines.

Cloud & Infrastructure

Malaysia Establishes Working Group to Digitise Brokerage Industry

By Garima Chitkara | 18/03/2018

The BRIDGe working group will work to enhance operational efficiencies and service standards, promote innovation and reduce brokerage costs.

Capital Adequacy

Malaysia Banks Can Withstand Severe Shocks – BNM

By Manesh Samtani | 16/03/2018

The central bank’s Financial Stability Committee says Malaysian banks have a “strong capacity” to withstand financial shocks comparable to past crises.