Malaysia

Payments & Settlements

BNM Mandates Single QR Payment Network by June 2028

By Nithya Subramanian | 03/07/2026

A new framework requires all providers to migrate to a single interoperable QR network, ending closed-loop systems within two years.

Structural Regulation

Malaysia Issues Guidance to Deepen Shariah Alignment in Sukuk Market

By Editors | 02/07/2026

The new guidance encourages issuers and Shariah advisers to go beyond mere compliance and demonstrate alignment with the higher objectives of Islamic law.

KYC & CDD

Malaysia Consumer Group Urges Transparency in Bank Account Closures

By Nithya Subramanian | 30/06/2026

The PPS has called on FIs to provide clear explanations for sudden account closures, citing recent complaints from affected customers.

Market Risk

BNM to Intensify Measures to Support Ringgit Amid Outflows

By Editors | 29/06/2026

The central bank will step up efforts to encourage foreign exchange inflows, including the repatriation of overseas earnings by state-linked firms and corporates.

Structural Regulation

Malaysia Overhauls Rules for Development Financial Institutions

By Nithya Subramanian | 29/06/2026

BNM has issued three new policy documents to enhance the governance, strategic planning, and performance measurement of development financial institutions.

PEPs & Sanctions

BNM Penalises Two Firms for AML/CFT Breaches

By Editors | 26/06/2026

BNM imposed monetary penalties after identifying sanctions-screening failures at AEON Credit and CDD shortcomings at money services firm Jin Cheng Gong.

Structural Regulation

Malaysia Forms High-Level Panel to Advance Islamic Finance Agenda

By Editors | 26/06/2026

BNM and the SC have established a new advisory body to guide an industry-led push to strengthen Malaysia’s global leadership in Islamic finance.

Payments & Settlements

Cambridge Report Urges Tiered Regulatory Approach for Digital Finance

By Manesh Samtani | 25/06/2026

New report outlines a sequenced framework for fostering competition in digital finance, drawing key lessons from Malaysia and Vietnam.

Anti-Bribery & Corruption

Malaysia Revamps Asset Declaration Rules for Public Officials

By Nithya Subramanian | 23/06/2026

The revised framework expands reporting requirements to digital assets, imposes stricter oversight of investments and requires approval for holdings above prescribed limits.