Malaysia

Anti-Bribery & Corruption

Malaysian Court Convicts Wife of Najib Razak for Corruption

By Editors | 01/09/2022

Rosmah Mansor was convicted for taking bribes from a contractor in exchange for a government project to supply solar energy to rural schools.

Cryptocurrency

Malaysia SC Adds Huobi to Investor Alert List

By Editors | 25/08/2022

The Securities Commission said Huobi is operating a digital asset exchange without being registered with the regulator.

Sustainable Finance

Malaysia SC Expands SRI Sukuk and Bond Grant Scheme

By Editors | 24/08/2022

The grant scheme, designed to help defray external review costs, is being extended to cover SRI-linked sukuk issued under the SC’s new framework.

Anti-Money Laundering

Malaysia: Federal Court Upholds Najib Razak Conviction

By Editors | 24/08/2022

Najib was convicted in 2020 on 1MDB-related charges. The federal court upheld the conviction, requiring him to serve a 12 year jail sentence.

Anti-Money Laundering

Malaysia to Enhance AML Supervision of Company Secretaries, Trust Companies

By Editors | 23/08/2022

The Companies Commission of Malaysia will “take on greater responsibility” in supervising company secretaries and trust companies “in the near future”.

Reporting & Disclosures

Bursa Malaysia Issues Investor Relations Guidance for PLCs

By Editors | 22/08/2022

The new guidebook will help listed companies in their engagement with stakeholders and investor relations, Bursa Malaysia said.

Sustainable Finance

Bursa Malaysia to Launch VCM Exchange by Year-End

By Editors | 16/08/2022

The exchange said the VCM will encourage investments in high-quality offsetting projects that can generate positive environmental and societal benefits.

Cybersecurity

Malaysia Reassures Public After Data Breach at Payments Firm

By Editors | 15/08/2022

The iPay88 breach will be raised in a Cabinet meeting to discuss a proposal to establish a Royal Commission of Inquiry to investigate the incident.

Structural Regulation

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

By Editors | 10/08/2022

The framework will help LEAP Market companies transfer to the ACE Market, which offers a “more robust listing environment” and is open to the public.