Malaysia

Reporting & Disclosures

LSEG Wins Best ESG Disclosure & Reporting Solution at 2024 Regulation Asia Awards

By Editors | 04/11/2024

LSEG’s Sustainability Intelligence platform has been awarded the Best ESG Disclosure & Reporting Solution of the 7th Regulation Asia Awards for Excellence 2024.

Anti-Money Laundering

25 New Charges Against Malaysia’s Najib Razak are Valid, Court Rules

By Nithya Subramanian | 30/10/2024

Former Malaysia Prime Minister Najib Razak will have to face four additional abuse of power charges and 21 additional money laundering charges.

PEPs & Sanctions

India, Malaysia Supplying Nvidia AI Chips to Russia – Report

By Editors | 30/10/2024

An Indian company reportedly exported advanced Dell servers with high-end Nvidia processors to Russia between April to August 2024.

Payments & Settlements

BIS and APAC Central Banks Release Results of Project Mandala

By Sanday Chongo Kabange | 29/10/2024

Project Mandala demonstrated that jurisdiction-specific regulatory requirements can be embedded in cross-border transaction protocols.

KYC & CDD

BNM Fines MSB Licensee for Circumventing CDD Process

By Mark Johnston | 27/10/2024

BSB Darussalam personnel deliberately split transactions into amounts below MYR 3,000 to avoid CDD requirements.

Structural Regulation

Malaysia Unveils New Measures to Boost Markets and MSMEs

By Nithya Subramanian | 22/10/2024

The budget approved Forest City as a duty-free island, a new 2% tax on dividend income, and funding to boost MSMEs and drive innovation in Islamic finance.

Alternative Markets

Malaysia to Provide Financing Boost for Mid-Tier Companies

By Nithya Subramanian | 18/10/2024

The partnership aims to enhance capital market access for MTCs. An MYR 500 million fund will be directed to high-potential MTCs.

Reporting & Disclosures

Malaysia SC Launches Sustainability Reporting Framework

By Nithya Subramanian | 26/09/2024

Bursa Malaysia has also opened a consultation on proposed enhancements to its sustainability reporting requirements.

Structural Regulation

Malaysia Launches New Family Office Incentive Scheme

By Nithya Subramanian | 24/09/2024

Single-family offices in the Forest City Special Financial Zone will pay no tax on income generated from eligible investments.