Malaysia

Anti-Bribery & Corruption

1MDB: Ex-Goldman Banker Sentenced to 10 Years in Prison

By Editors | 10/03/2023

Prosecutors had sought a 15 year sentence for Roger Ng, saying he was a central player in the “brazen and audacious scheme” to steal billions of dollars from 1MDB.

Reporting & Disclosures

Bursa Malaysia, LSEG to Launch Sustainability Reporting Platform

By Editors | 09/03/2023

At Invest Malaysia 2023, funding incentives for the Bursa Carbon Exchange were also announced, along with other initiatives to increase the vibrancy of the Malaysian capital market.

Sustainable Finance

Malaysia Roll Outs of First “Greening Value Chain” Programme

By Editors | 08/03/2023

The initiative, announced last November, is designed to provide technical assistance and funding to help SMEs decarbonise their operations.

Conduct, Culture & Accountability

BNM Proposes Fair Treatment Rules for Vulnerable Consumers

By Editors | 05/03/2023

BNM proposes to amend its Fair Treatment of Financial Consumers policy document to cover specific requirements on the treatment of vulnerable consumers.

Trading & Investment

Malaysia Budget 2023 Offers Measures to Boost Capital Market

By Editors | 03/03/2023

The government will allow the issuance of dual-class shares, expand tax deductions for listing expenses, and provide financing for SMEs.

Anti-Bribery & Corruption

Abu Dhabi State Funds to Pay $1.8b Settlement to 1MDB

By Editors | 01/03/2023

Executives at the two Abu Dhabi funds facilitated the theft of billions of dollars from 1MDB. The settlement ends proceedings in the UK.

Structural Regulation

Malaysia, Cambodia to Cooperate on Capital Markets Development

By Editors | 28/02/2023

The securities regulators of Malaysia and Cambodia have signed an MoU agreeing to bolster cooperation and capacity building.

KYC & CDD

BNM Issues Draft Rules on Using e-KYC Solutions for Onboarding

By Editors | 24/02/2023

BNM encourages the use of e-KYC solutions that leverage AI, machine learning or other forms of predictive algorithms to ensure accurate identification and verification.

Sustainable Finance

Malaysia SC Revises Guidelines for SRI Funds

By Sanday Chongo Kabange | 22/02/2023

The revised guidelines incorporate requirements for SRI funds seeking to qualify as an ASEAN Sustainable and Responsible Fund, among other changes.