Malaysia

Fraud, Scams & Cybercrime

Malaysia SC to Launch New Anti-Scam Search Portal by Year-End

By Editors | 20/11/2023

By mid 2024, BNM and PayNet will also have finished building the new National Fraud Portal, a “smart system” for tracing fund movements and identifying money mules.

Payments & Settlements

BIS Innovation Hub Unveils First Use Case for Project Mandala

By Editors | 20/11/2023

Project Mandala seeks to address disparate policy and regulatory frameworks across jurisdictions that hinder cross-border payments.

Payments & Settlements

MAS Launches Payment Linkages with Malaysia, Indonesia

By Editors | 19/11/2023

The payment links are described as “significant milestones” to enable faster and cheaper cross-border payments and promote greater regional economic integration.

Reporting & Disclosures

Bursa Malaysia Onboards First Steel Manufacturer to ESG Platform

By Editors | 11/11/2023

Bursa Malaysia agreements with early adopters of the CSI Platform now covering the oil and gas, automotive, property, manufacturing, transportation and logistics, and steel sectors.

Custody & Infrastructure

First Digital Asset Custodian Services Launched in Malaysia

By Nithya Subramanian | 10/11/2023

CoKeeps, a homegrown  firm, offers security features that safeguard against both external and internal threats.

Structural Regulation

US Adds Vietnam to FX Monitoring List, Removes Korea

By Editors | 09/11/2023

US Treasury is monitoring the currency practices and macroeconomic policies of six trading partners, including China, Malaysia, Singapore, and Taiwan.

Anti-Money Laundering

Malaysia Close to Settling Outstanding 1MDB Debts – Report

By Editors | 08/11/2023

Funds Malaysia will receive next year as part of a settlement with an Abu Dhabi state fund will give it enough to pay off 1MDB’s remaining debts.

Trading & Investment

Bursa Malaysia Enables Investor Access to Chinese Soybean Oil Price

By Editors | 03/11/2023

This is the first time a Chinese derivatives exchange has authorised an Asian exchange to incorporate Chinese commodity futures settlement prices into a product offering.

Fraud, Scams & Cybercrime

Malaysian Court Orders Crypto Firm Luno to Compensate Customer

By Editors | 01/11/2023

Luno said the withdrawal of funds from the customer’s account was properly authorised. The customer claimed it was not.