All posts tagged "BNM"
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1.9KAsia-PacificOpen Banking Security Risks May Open Pandora’s Box
The open banking initiative could be put in jeopardy if data is not sufficiently secured, say Peter Lancos, Jonathan Naismith and Suraj Nittoor at Exate Technology.
May 9, 2019 -
497Big PictureCentral Banks Call for Collective Action to Mitigate Climate Risks
The Central Banks and Supervisors 'Network for Greening the Financial System' has published a report providing recommendations to mitigate climate-related financial risks.
April 23, 2019 -
1.1KAsia-PacificASEAN Pushes for Cross-Border Settlement in Local Currencies
ASEAN central bankers are setting up direct settlement systems that use local currencies, in a bid to reduce transaction costs and exposures to global volatility.
April 8, 2019 -
409Capital RegulationMalaysia Issues Draft Policy Framework for D-SIBs
The draft policy framework sets out a proposed assessment methodology to identify D-SIBs in Malaysia and the applicable HLA and reporting requirements.
April 4, 2019 -
403AML / KYC
Malaysia Mulls Cash Transaction Limit as AML Measure
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.
April 1, 2019 -
365Fintech / Regtech
Malaysia Seeks Licensing Regime for Virtual Banks by Year-End
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.
March 29, 2019 -
756Malaysia
Malaysia to Introduce Technology Risk Policy in June – Report
BNM plans to introduce its policy on technology risk management in June, providing guidelines for financial institutions to combat the rising incidence of cybercrime.
February 25, 2019 -
499Asia-Pacific
Malaysia Issues Policy Standards for Open Data APIs
A new central bank policy document outlines recommendations for financial institutions developing and publishing Open Data APIs.
January 8, 2019 -
603Asia-Pacific
BNM Issues Policy Document Targeting Outsourcing Risk at FIs
Malaysia's central bank has raised expectations on the board and senior management to ensure effective oversight and governance of outsourcing arrangements.
December 31, 2018 -
574AML / KYCMalaysia Clarifies Regulatory Treatment of Cryptocurrencies
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.
December 7, 2018
