The next phase of Nexus will connect the instant payment systems of Singapore, Indonesia, Malaysia, Philippines and Thailand.
March 24, 2023The initiative, announced last November, is designed to provide technical assistance and funding to help SMEs decarbonise their operations.
March 9, 2023BNM proposes to amend its Fair Treatment of Financial Consumers policy document to cover specific requirements on the treatment of vulnerable consumers.
March 5, 2023The government will allow the issuance of dual-class shares, expand tax deductions for listing expenses, and provide financing for SMEs.
March 3, 2023BNM encourages the use of e-KYC solutions that leverage AI, machine learning or other forms of predictive algorithms to ensure accurate identification and verification.
February 24, 2023BNM says the vision of the Framework is to provide a more expansive and holistic approach to elevate financial well-being in Malaysia.
February 7, 2023FIs are asked to provide feedback and complete an accompanying Quantitative Impact Study reporting template.
January 25, 2023The government has instructed Malaysia's NC4 and JPDP to investigate the breach and take necessary action. Maybank has also launched its own investigation into the breach.
January 5, 2023E-money issuers with more than 500,000 active users are subject to stricter governance, business continuity management and technology risk management requirements.
January 4, 2023The policy document primarily sets out regulatory requirements covering governance and risk management, in alignment with the PFMI.
December 23, 2022