Malaysia

Supervision & Enforcement

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.

Operational Risk

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.

Anti-Money Laundering

Chinese Money Laundering or Capital Transfer – ‘Vive la Différence’

By Editors | 02/10/2017

Financial technology and digital payment systems are abetting the greatest money laundering campaign in the history of finance.

Liquidity Risk

Malaysia Extends NSFR Implementation Deadline to 2019

By Editors | 02/10/2017

Central bank cites uncertainty and divergence from original 1 January 2018 deadline elsewhere, suggests NSFR of Malaysian banks already at 100%.

KYC & CDD

Malaysia Central Bank to Finalise e-KYC Standards

By Editors | 11/09/2017

BNM governor has said the central bank intends to operationalise industry-wide e-KYC from next year; regulations for use in remittances to come soon.

Capital Adequacy

Malaysia Launches Leverage Ratio Consultation

By Editors | 17/08/2017

Banks will be required to calculate leverage ratios as of June 30 this year in response to consultation before full requirement comes into effect.

Payments & Settlements

Thai Bank Governor Calls for Greater Financial Connectivity Across Region

By Garima Chitkara | 10/08/2017

Central bank governor made comments during the opening ceremony of the Asian Financial Cooperation Association.

Trading & Investment

Malaysia Comes Out Against MYR Trading on SGX and ICE

By Garima Chitkara | 10/08/2017

Recent introduction of MYR futures in offshore exchanges a contravention to its foreign exchange management policy and rules.

Structural Regulation

Vietnam Regulator Cleans Up Markets in Advance of Derivatives Regime

By Editors | 26/07/2017

State Securities Commission shuttered 28 firms and withdrew brokerage business licenses from another 13 institutions in 1H17; derivatives launch set […]