Malaysia

Supervision & Enforcement

Malaysia to Re-evaluate Goldman Settlement Over 1MDB

By Editors | 19/04/2023

The government believes the 2020 deal “was done hastily” and could have resulted in more public funds being recovered.

Conduct, Culture & Accountability

BNM Issues New Rules for Hiring Insurance, Takaful Agents

By Sanday Chongo Kabange | 18/04/2023

BNM is working with industry associations to develop a centralised database of agents to ease the due diligence and reference-checking requirements.

Payments & Settlements

Malaysia SC to Launch New Online Payment Platform

By Editors | 18/04/2023

The platform will enable an easier online payment process for regulatory, registration and application fees paid to the SC.

Trading & Investment

Malaysia Allows Dealer’s Representatives to Expand Services

By Editors | 17/04/2023

DRs can apply for additional licences to engage in investment advice, financial planning, restricted dealing in unit trust products, dealing in private retirement schemes.

Reporting & Disclosures

Bursa Malaysia, PETRONAS Partner to Drive ESG Adoption

By Editors | 13/04/2023

PETRONAS, the largest corporate entity in Malaysia, will participate as an early adopter of Bursa Malaysia’s Centralised Sustainability Intelligence Platform.

Trading & Investment

Malaysia to Launch Capital Market Graduate Programme

By Editors | 13/04/2023

The programme aims to improve the knowledge and employability of 9,000 university graduates to address a deficit of skilled talent in the capital market.

Reporting & Disclosures

BNM, SC to Engage Energy Sector on ASEAN Taxonomy Readiness

By Editors | 10/04/2023

Consultations with the energy sector will be used to finalise Version 2 of the ASEAN Taxonomy, which is set to take effect in early 2024.

Sustainable Finance

Bursa Malaysia Joins International Emissions Trading Association

By Editors | 07/04/2023

Bursa Malaysia will contribute to the development of the global carbon market through its IETA membership.

Cloud & Infrastructure

BNM Proposes to Introduce ‘Green Lane’ for FinTech Sandbox

By Editors | 06/04/2023

The ‘Innovation Green Lane’ will offer a more risk-proportionate and accelerated pathway for innovative solutions by financial institutions with strong risk management capabilities.