Malaysia

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    Structural Regulation

    Malaysia Issues 2nd Consultation on New Consumer Credit Act

    By Editors | 06/04/2023

    The new consultation paper covers licensing, financial, governance and conduct requirements for unregulated credit services including BNPL providers.

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    Structural Regulation

    Bursa Malaysia Finalises Rules for LEAP-to-ACE Listing Transfers

    By Editors | 03/04/2023

    Bursa Malaysia’s Julian Hashim said the amendments offer a clearer roadmap for LEAP companies aiming to graduate to the ACE Market.

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    Payments & Settlements

    Singapore, Malaysia Launch Cross-border QR Payments Link

    By Editors | 31/03/2023

    The payment linkage will allow customers of participating financial institutions to make retail payments by scanning NETS QR and DuitNow QR codes.

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    Anti-Money Laundering

    Kuwait Court Sentences Defendants in 1MDB Case

    By Editors | 31/03/2023

    The son of a former prime minister was sentenced to 10 years in jail. Malaysia financier Jho Low was also sentenced in absentia.

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    Fraud, Scams & Cybercrime

    Malaysian Court Jails Former Hong Leong Investment Banker

    By Editors | 29/03/2023

    The former investment banker convinced investors to invest over $390,000 in securities products that did not exist.

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    Structural Regulation

    Bursa Malaysia Extends Waqf Framework to REITs, ETFs

    By Editors | 28/03/2023

    Listing rule amendments enhance the post-listing disclosure framework for Islamic REITs and ETFs to provide transparency on the waqf arrangement.

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    Payments & Settlements

    BIS Innovation Hub Completes Project Nexus Proof-of-Concept

    By Editors | 23/03/2023

    The next phase of Nexus will connect the instant payment systems of Singapore, Indonesia, Malaysia, Philippines and Thailand.

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    Reporting & Disclosures

    Malaysia to Launch Sustainability Reporting Platform in April

    By Editors | 23/03/2023

    UMW Corp and Maybank will be early adopters of the platform, which was developed by Bursa Malaysia in collaboration with LSEG.

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    Alternative Markets

    Malaysia Launches Corporate Venture Capital Programme

    By Editors | 22/03/2023

    The programme seeks to promote corporate venturing as a potential enabling or innovation strategy to catalyse growth.

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    Sustainable Finance

    Bursa Carbon Exchange Completes First Carbon Credit Auction

    By Editors | 17/03/2023

    15 buyers from various industries including banking purchased a total of 150,000 Verra-registered carbon credits in the inaugural auction.

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