Bank Negara Malaysia

Conduct, Culture & Accountability

BNM Offers Update on Implementation of Responsibility Mapping Framework

By Nithya Subramanian | 17/10/2025

BNM said most financial institutions are making steady progress towards implementation of the new Responsibility Mapping framework, which takes effect on 1 January 2026.

Structural Regulation

BNM to Phase Out KLIBOR and Transition to MYOR and MYOR-i by 2029

By Nithya Subramanian | 17/10/2025

BNM has outlined roadmap for full adoption of new overnight benchmark rates and enhanced Shariah compliance framework.

AI Risk & Governance

Malaysia Launches First Industry-Wide Skills Platform for Financial Sector

By Nithya Subramanian | 15/10/2025

The digital platform benchmarks workforce capabilities and accelerates upskilling across Malaysia’s financial sector in line with national talent goals.

Structural Regulation

Malaysia to Mandate New Islamic Benchmark Rate from July 2027

By Editors | 14/10/2025

BNM will replace the KLIRR with the MYOR-i, the world's first transaction-based Islamic rate, in a major structural reform.

Structural Regulation

Malaysia Passes Bill to Overhaul Hire Purchase Lending Rules

By Editors | 10/10/2025

The new law will abolish the 'Rule of 78' for calculating interest, mandating a reducing balance method and new interest rate caps.

Payments & Settlements

BNM Launches RENTAS+ to Enable 24/7 Interbank Settlement

By Nithya Subramanian | 08/10/2025

The modernised real-time settlement system, enables continuous interbank fund transfers and reduces risks from the rapid growth of instant payments.

Fraud, Scams & Cybercrime

BNM, PayNet to Roll Out AI-Powered Fraud Detection System in 2026

By Nithya Subramanian | 08/10/2025

BNM and PayNet are developing an AI-based predictive system to detect fraudulent transactions before they occur, part of broader efforts to combat online scams.

Payments & Settlements

Fast Payment Pricing a Balancing Act for APAC Regulators: BIS Paper

By Manesh Samtani | 07/10/2025

A new BIS paper highlights the trade-offs between driving adoption and ensuring long-term viability, with varied pricing approaches seen across Asia.

Conduct, Culture & Accountability

BNM Unveils 5-Year National Strategy to Strengthen Financial Literacy

By Nithya Subramanian | 06/10/2025

NS2.0 focuses on inclusivity, digitalisation, empowerment, collaboration, and accountability to enhance financial inclusion, digital readiness and transparency across society.