Malaysia

Trading & Investment

Bursa Malaysia Introduces New Trading Features

By Editors | 09/01/2019

The exchange has introduced market order at pre-closing, on-open orders, on-close orders, iceberg orders and one-cancel-other orders.

Cloud & Infrastructure

Malaysia Issues Policy Standards for Open Data APIs

By Editors | 08/01/2019

A new central bank policy document outlines recommendations for financial institutions developing and publishing Open Data APIs.

Operational Risk

BNM Issues Policy Document Targeting Outsourcing Risk at FIs

By Editors | 31/12/2018

Malaysia’s central bank has raised expectations on the board and senior management to ensure effective oversight and governance of outsourcing arrangements.

Anti-Money Laundering

MAS Extends Prohibition Against Goldman’s Leissner to Lifetime Ban

By Editors | 20/12/2018

The March 2017 prohibition order barring former banker Tim Leissner for 10 years was based on limited information; US DOJ charges provided evidence of his involvement in 1MDB fund flows.

Anti-Money Laundering

Malaysia Files Criminal Charges Against Goldman Sachs over 1MDB

By Editors | 17/12/2018

Malaysian prosecutors have filed criminal charges against three Goldman subsidiaries and two former employees, seeking fines in the billions of dollars and jail terms of up to 10 years.

Trading & Investment

Bursa Malaysia Enhances ETF Framework, Effective in January

By Editors | 10/12/2018

“The introduction of innovative ETF products is a welcome development for our ETF market, and should lead to a more vibrant ETF ecosystem,” said Bursa Malaysia chief Tajuddin.

Capital Adequacy

APAC Banks Have Sufficient Buffers to Counter 2019 Risks – Moody’s

By Editors | 07/12/2018

Banks will face challenging conditions in 2019 due to moderating economic growth, slowing credit expansion and US-China trade tensions, but have adequate buffers against growing risks.

Cryptocurrency

Malaysia Clarifies Regulatory Treatment of Cryptocurrencies

By Editors | 07/12/2018

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.

Clearing & Post-Trade

Bursa Malaysia to Implement T+2 by Q2 2019

By Editors | 03/12/2018

The bourse said the move to a shorter settlement cycle will improve operational efficiency, reduce counterparty risk and improve the competitiveness of Malaysia’s capital market.