Malaysia

ESG / Sustainability

Bursa Carbon Exchange to Offer Renewable Energy Certificates

By Sanday Chongo Kabange | 18/04/2024

BCX will hold its inaugural REC auction in June 2024. The RECs will be supplied by state owned power utility Sarawak Energy.

ESG / Sustainability

Bursa Malaysia Gains UK Boost for Sustainable Investments

By Nithya Subramanian | 17/04/2024

Bursa Malaysia will collaborate with the UK’s MOBILIST programme to enable greater investment in energy transition.

AML / KYC

BNM Finalises Policy Requirements for Electronic KYC

By Mark Johnston | 17/04/2024

The policy document sets revised requirements and guidance for implementing e-KYC solutions in Malaysia’s financial sector.

BNM Directs CIMB, Maybank to Explain Recent Service Outages

By Editors | 10/04/2024

CIMB Malaysia experienced service disruptions on some of its services on Tuesday, while Maybank saw some disruptions last Friday.

AML / KYC

Malaysia Consults on Proposed Trust Companies Bill

By Editors | 09/04/2024

Since coming into force in 1949, Malaysia’s Trust Companies Act has only been reviewed once in 1973.

ESG / Sustainability

Malaysia Launches Toolkit for Scaling Transition Finance

By Nithya Subramanian | 08/04/2024

The toolkit is intended to help corporates build credible science-based climate transition plans that are aligned to the Paris Agreement or respective national targets.

AML / KYC

Malaysia Launches Electronic Beneficial Ownership System

By Editors | 02/04/2024

The system is intended to help companies comply with their obligations to identify, obtain, record, update, and submit beneficial ownership information.

BNM Updates Policy to Ensure Fair Treatment of Vulnerable Consumers

By Sanday Chongo Kabange | 30/03/2024

The revised policy document introduces specific requirements for financial service providers on the fair treatment of vulnerable consumers.

Securities / Derivatives

Malaysia SC Enhances Conduct Guidelines for Capital Market Intermediaries

By Sanday Chongo Kabange | 30/03/2024

The revised guidelines include new chapters on the treatment of vulnerable clients, the provision of personal advice, and online offerings of capital market-related services.