Malaysia

Reporting & Disclosures

Malaysia Establishes Advisory Committee on Sustainability Reporting

By Manesh Samtani | 24/05/2023

The Committee will explore the enablers that would support the implementation of the ISSB Standards in Malaysia, and discuss matters related to assurance of sustainability statements.

Cryptocurrency

Malaysia SC Orders Crypto Firm Huobi to Cease Local Operations

By Ranamita Chakraborty | 24/05/2023

Huobi is directed to stop advertising to Malaysian investors and to remove its app from local app stores.

Reporting & Disclosures

Malaysia to Update TCFD Adoption Guide for FIs

By Editors | 17/05/2023

The guide will be updated to take into account the new general sustainability-related (S1) and climate-related (S2) disclosure standards from the ISSB.

Structural Regulation

Malaysia SC Commences Review of Capital Markets Law

By Editors | 17/05/2023

The review is part of the SC’s efforts to modernise the law, promote efficiencies, maintain capital market competitiveness, and ensure investors are protected.

Reporting & Disclosures

Bursa Malaysia, Mah Sing, Alliance Bank to Collaborate on ESG

By Editors | 12/05/2023

Alliance Bank will offer Mah Sing Group’s suppliers, contractors, and consultants incentives to reward them for improving their carbon footprint.

Payments & Settlements

Indonesia, Malaysia Expand Cross-Border QR Payment Link

By Editors | 08/05/2023

The linkage will provide “faster, cheaper, more transparent and more inclusive cross-border payments”, said Bank Indonesia governor Perry Warjiyo.

Anti-Money Laundering

Swiss Prosecutors Indict Ex-PetroSaudi Executives in 1MDB Case

By Editors | 26/04/2023

The two former executives were paid by Jho Low to set up a joint venture that was used to embezzle $1.8bn from 1MDB.

Anti-Money Laundering

Malaysia in Talks with China to Secure Jho Low Repatriation

By Editors | 24/04/2023

An arrangement is being “hotly debated” inside the Malaysian government after PM Anwar Ibrahim’s first official trip to China last month.

Reporting & Disclosures

Malaysia SC Invites Firms to Review and Improve SRI Taxonomy

By Sanday Chongo Kabange | 21/04/2023

Interested parties are asked to participate in the ongoing development of the SRI Taxonomy and propose ways to align it with the ASEAN Taxonomy.