Malaysia

Market Infrastructure

BNM Announces Launch of New Reference Rate MYOR

By Editors | 28/09/2021

The MYOR will run in parallel to the existing KLIBOR, although publication of the lesser referenced two- and 12-month KLIBOR tenors will be discontinued.

Market Infrastructure

Singapore, Malaysia to Link PayNow, DuitNow in Q4 2022

By Pongnut Thanaboonchai | 27/09/2021

Customers of participating financial institutions will be able to make real-time cross-border transfers using a mobile number.

Securities / Derivatives

ASEAN Exchanges to Identify Common ESG Metrics

By Pongnut Thanaboonchai | 26/09/2021

Seven ASEAN exchanges have formed a new ESG working group to start work towards a ‘common sustainability programme’.

ESG / Sustainability

Bursa Malaysia Pledges to Become Carbon Neutral by 2022

By Editors | 23/09/2021

Eight initiatives have been identified to support Bursa Malaysia’s ambitions to become carbon neutral and achieve net zero emissions.

Market Infrastructure

BNM Issues New Regulatory Requirements for Merchant Acquirers

By Editors | 23/09/2021

The new requirements will ensure merchant acquiring services have measures in place to manage settlement risk, financial risk, fraud risk, technology risk and cyber risk.

Securities / Derivatives

SC Malaysia Launches Five Year Capital Market Masterplan

By Manesh Samtani | 21/09/2021

The masterplan includes measures to facilitate greater fundraising efficiency, liberalise access to foreign funds, and further develop the derivatives market.

AML / KYC

Malaysia Secures Settlement from KPMG to Resolve 1MDB Claims

By Editors | 18/09/2021

The settlement concludes a civil suit filed against KPMG and its current and former partners over the audits 1MDB’s 2010-2012 financial statements.

Fintech / Regtech

Bursa Malaysia to Explore Dematerialised Structured Warrants

By Editors | 15/09/2021

Digital Asset, VMware, Macquarie Capital Securities and Maybank Investment Bank will participate in the dematerialisation proof-of-concept.

Market Infrastructure

Malaysia, Thailand Invite Banks to Become ‘Qualified ASEAN Banks’

By Manesh Samtani | 15/09/2021

The initiative is part of the April 2019 bilateral arrangement between BNM and BOT under the ASEAN Banking Integration Framework.