Malaysia

Trading & Investment

Malaysia is Liberalising Funds Industry, Says SC Chairman

By Editors | 18/10/2022

The SC is allowing retail funds to have exposure to digital assets and other alternative assets. Similar plans are intended for wholesale funds.

Cybersecurity

BNM Calls for Heightened Vigilance Over Payment Card Activity

By Editors | 10/10/2022

Payment gateway service provider iPay88 experienced a breach earlier this year affecting card data from online transactions.

Fraud, Scams & Cybercrime

Malaysia Budget 2023 to Tackle Scams, Promote Capital Market

By Editors | 09/10/2022

Budget 2023 includes measures to strengthen the capital market, protect against scams and cyber threats, and drive the ESG and climate change agenda.

Structural Regulation

Malaysia Establishes New Council to Drive Islamic Finance

By Editors | 07/10/2022

BNM and the SC said the newly established MIFC Leadership Council will cement Malaysia’s proposition as a leading hub for Islamic finance.

Fraud, Scams & Cybercrime

Malaysia Announces New Measures to Combat Financial Scams

By Editors | 28/09/2022

Malaysian banks will migrate SMS OTP to a more secure form of authentication, and further tighten detection rules and triggers to block scam-related transactions.

Reporting & Disclosures

Bursa Malaysia Updates Sustainability Reporting Framework

By Editors | 27/09/2022

By 2025, all Main Market listed issuers will be reporting TCFD-aligned disclosures and internalising climate change considerations in their business strategies.

Cybersecurity

CyberSecurity Malaysia, MX Global Partner on Digital Assets

By Editors | 19/09/2022

The collaboration includes research and development, joint solution development, and cyber risk training and awareness programmes.

Structural Regulation

BNM Approves UOB Acquisition of Citi’s Malaysia Business

By Editors | 19/09/2022

UOB subsidiaries reached agreements in January to acquire Citigroup’s consumer banking businesses in Malaysia, Indonesia, Thailand and Vietnam.

Trading & Investment

Bursa Malaysia Set to Launch Enhanced Gold Futures Contract

By Editors | 16/09/2022

The enhanced contract will provide investors exposure to gold at standard global prices without the need for currency conversion.