Bank Negara Malaysia

KYC & CDD

Malaysia Expands MyDigital ID Testing to 18 Banks in Phase 2 Sandbox

By Nithya Subramanian | 23/01/2026

The testing phase, set to conclude in March 2026, aims to enable secure digital identity verification for financial services.

Fraud, Scams & Cybercrime

Malaysia Consumer Group Calls for Rules to Make Meta Liable for Scam Ads

By Editors | 20/01/2026

Regulators urged to establish a legal framework holding social media firms financially liable for investment scams promoted via paid advertisements.

Sustainable Finance

World Bank, BNM Urge Reforms to Unlock Islamic Climate Finance

By Manesh Samtani | 15/01/2026

A new report finds a massive climate funding gap in OIC nations, calling for targeted reforms to mainstream Islamic finance instruments.

Credit Risk

BNM Announces Additional Funds to Boost SME Financing

By Nithya Subramanian | 07/01/2026

BNM has announced an additional MYR 2.5 billion in funding to support SMEs,as part of efforts to widen access to credit, particularly for first-time borrowers and smaller firms.

Anti-Money Laundering

BNM Fines 11 Money Services Firms for Regulatory Breaches

By Editors | 02/01/2026

Bank Negara Malaysia has penalised multiple money services businesses for failures relating to AML/CDD, capital shortfalls, and reporting.

Fraud, Scams & Cybercrime

BNM Monitoring Agrobank After Reported System Incident - Reports

By Editors | 24/12/2025

The central bank is overseeing corrective actions at Agrobank following an incident linked to a potential loss of MYR 165.75 million.

Fraud, Scams & Cybercrime

Malaysia to Launch New Scam Response Centre with Embedded Bank Staff

By Manesh Samtani | 23/12/2025

The new hub will house bank representatives to speed up fund freezes as the government signals further measures for financial institutions.

Operational Risk

Malaysia Central Bank Mulls Operational Resilience Overhaul for FIs

By Sanday Chongo Kabange | 19/12/2025

BNM has launched a consultation on a new resilience-first approach, citing rising digital and third-party risks.

Tokenisation

Malaysia's CIMB to Pilot Tokenised Sukuk Under Regulator Programme

By Manesh Samtani | 19/12/2025

The bank will join a pilot led by the securities regulator and sovereign wealth fund Khazanah, aiming to build a regulated digital asset ecosystem.