All posts tagged "BNM"
-
253UncategorisedMalaysia Central Bank Revises Repo Rules
New rules increase repo transaction tenor to five years and expand the list of eligible securities allowed in repo transactions.
November 14, 2019 -
345Malaysia
Malaysia Finalises Requirements for Electronic Trading Platforms
The new rules went into effect on 11 November and require that electronic trading platforms and networks obtain prior approval from the central bank before offering services in Malaysia.
November 13, 2019 -
401Malaysia
Malaysia Mandates Fair Treatment of Financial Consumers
A new BNM policy document sets out expectations for financial firms to prioritise the interests of financial consumers and effectively manage conduct risks.
November 11, 2019 -
585AML / KYC
Malaysia Proposes Cash Payment Limit to Curb Financial Crime
The central bank says any action aimed at circumventing the proposed 25,000 ringgit cash transaction limit would be considered an offence for both the payer and payee.
November 8, 2019 -
377Fintech / RegtechSuptech Gains Momentum but Approaches Vary: FSI Paper
Suptech use cases have mainly clustered around misconduct analysis, reporting and data management, according a new paper from the BIS Financial Stability Institute.
October 23, 2019 -
530AML / KYCMalaysia Passes Bill to Form New Anti-Financial Crime Body
Expected to launch in January, the National Anti-Financial Crime Centre (NAFCC) will coordinate the efforts of 12 enforcement agencies to tackle financial crime.
October 13, 2019 -
463MalaysiaBNM to Require FIs to Report Climate-related Exposures
Malaysia's central bank will use the reported data to set new regulatory standards that better reflect the risks from climate-related exposures.
October 2, 2019 -
2.8KAML / KYCBNM to Enforce AML Compliance at Law Firms in 2020
BNM assistant governor Encik Adnan Zaylani Mohamad Zahid warns that enforcement action will be taken against legal professionals for AML non-compliance starting in 2020.
August 30, 2019 -
468MalaysiaBNM Extends Range of Securities Eligible for Repo
BNM's draft policy document proposes to extend the maximum tenor of a repo to five years from 365 days previously, and to expand the securities that are eligible for repo.
August 21, 2019 -
486Malaysia
Malaysia Liberalises FX Hedging Framework
The policy move is aimed at providing greater flexibility and efficiency in foreign exchange risk management and business operations.
August 19, 2019
