Malaysia

Crypto / Digital Assets

SC Malaysia Grants In-principle Approval to Digital Asset Custodian

By Editors | 22/10/2023

With a full licence expected within six months, Gambit Custody will become just the second firm with a digital asset custodian licence in Malaysia.

BNM Earmarks MYR 600m for SMEs in Four Priority Segments

By Mark Johnston | 21/10/2023

BNM announces funding and grants for SMEs in four segments to help MSMEs participate in key national initiatives.

ESG / Sustainability

Malaysia Helps SMEs Navigate Complex ESG Frameworks

By Ranamita Chakraborty | 19/10/2023

CMM’s Navina Balasingam shares that Malaysia is the first country globally to introduce simplified ESG disclosure guidance for SMEs in supply chains.

ESG / Sustainability

Malaysia Unveils Budget 2024, Capital Market Support Measures

By Editors | 16/10/2023

The budget includes additional funding for MyCIF initiatives, tax incentives for the ECF market, and targeted tax exemptions to support capital market fundraising.

ESG / Sustainability

Bursa Malaysia, Westports, OCBC to Collaborate on ESG

By Mark Johnston | 12/10/2023

Westports Holdings and OCBC Bank will become the latest early adopters of Bursa Malaysia’s Centralised Sustainability Intelligence Platform.

Enforcement

Goldman Sachs Sues Malaysia Over 1MDB-related Dispute

By Editors | 12/10/2023

The two sides are in disagreement over whether Goldman must make an interim payment against a guarantee it provided in its 2020 settlement with Malaysia.

Crypto / Digital Assets

Malaysian Regulator Grants In-principle Approval to Fifth Digital Exchange

By Nithya Subramanian | 12/10/2023

Hata becomes the first platform to gain approval after the regulator restarted accepting applications for such exchanges.

ESG / Sustainability

Malaysia Hosts Asia Launch of Revised OECD Principles on Corporate Governance

By Editors | 11/10/2023

The SC chairman said a dedicated sustainability committee has been formed on the SC Board. Deputy finance minister said Parliament will consider the establishment of “Bursa RegSub”.

AML / KYC

Malaysia to Enhance Beneficial Ownership Reporting Requirements

By Editors | 11/10/2023

Companies will have to keep and maintain a register of beneficial owners at their registered offices and report any changes within 14 days.