Malaysia

Crypto / Digital Assets

Singapore, Malaysia Take More Open Stances on Cryptocurrency

By Editors | 09/11/2017

MAS executive director says ICOs could be an example for securities markets; Malaysia to consider secondary market for digital assets.

Capital / Liquidity

Philippines Signs up to ASEAN Fund Passport Scheme; Green Bond Standards Introduced

By Garima Chitkara | 09/11/2017

ASEAN conference also hears of plans to allow cross-border transfer of capital markets professionals without additional license requirements.

Enforcement

1MDB Saga Rumbles on in Singapore with Bans for Ex-Maybank, NRA Capital Staff

By Editors | 02/11/2017

Individuals banned for six years after conviction for 1MDB-related bribe; former representative of BSI Bank faces lifetime ban.

Capital / Liquidity

Here’s Sand in Your Eye

By Karen Chiu | 26/10/2017

**Why fintech (financial technology) sandboxes aren’t necessarily the child’s play they’ve been made out to be by banks and disrupters alike.
**

Capital / Liquidity

ASEAN Integration Framework on Course for Completion by 2020

By Editors | 19/10/2017

Banking integration framework will allow cross-border operation by lenders from 10 Southeast Asian nations, BSP official confirms.

Malaysia to Introduce Bank Employee Screening, Ethics Requirements

By Editors | 16/10/2017

Central bank moves to improve ethics within the industry, will require banks to introduce minimum conduct standards and policy.

AML / KYC

Communication Breakdown

By Peter Guy | 09/10/2017

WhatsApp et al have widened a grey area in compliance rival financial messaging services are trying to exploit.

AML / KYC

Malaysian Central Bank to ‘Name and Shame’ Rulebreakers

By Editors | 09/10/2017

Bank Negara Malaysia governor says it has shared the names of more than 400 individuals with banks in the country over the past three months.

Enforcement

Malaysia Revising Prudential Framework for Outsourcing by Financial Institutions

By Editors | 04/10/2017

Banks will be urged to enhance due diligence and do more to protect data confidentiality as BNM cites risks from outsourcing to shared services.