Malaysia

Structural Regulation

Bursa Malaysia Grants Extension for Issuing Financial Statements

By Editors | 25/05/2021

The announcement comes at a time when Malaysia is under a four-week nationwide lockdown until 7 June.

Trading & Investment

BNM Consults on Multi-rate Approach to LIBOR Transition

By Manesh Samtani | 21/05/2021

A new discussion paper proposes that the Malaysian ARR be based on overnight transactions in the interbank market, and that the ARR runs in parallel to KLIBOR.

Trading & Investment

Bursa Malaysia Set to Pilot Market Making in Stocks

By Editors | 20/05/2021

Firms can register as stock market makers and carry out market making activities in eligible stocks, helping to improve liquidity and price efficiency of these stocks.

Supervision & Enforcement

US DOJ Repatriates $460m of Seized 1MDB Funds to Malaysia

By Editors | 16/05/2021

Seized and repatriated 1MDB funds are being utilised to repay and service 1MDB and SRC’s debts, which remain above $10.2billion.

Anti-Money Laundering

Malaysia Files 22 Civil Suits to Recover 1MDB Losses

By Manesh Samtani | 11/05/2021

Among those named in the lawsuits are Deutsche Bank, Coutts, JPMorgan, former prime minister Najib Razak, and Malaysian financier Jho Low.

Structural Regulation

Malaysia to Allow Circuit Breaker to Revert to Original Parameters

By Editors | 10/05/2021

The decision reflects the improving economic outlook, the roll-out of the vaccination programme, and the normalisation of global market conditions.

Climate Risk

BNM Finalises ‘Climate Change and Principle-based Taxonomy’

By Manesh Samtani | 03/05/2021

The document introduces a progressive system of transition categories to acknowledge concrete efforts and commitments by businesses to adopt sustainable practices.

Conduct, Culture & Accountability

Malaysia SC Publishes Updated Corporate Governance Code

By Editors | 29/04/2021

The update focuses on selection and nomination processes for directors, including to address issues with board diversity and sustainability.

Fraud, Scams & Cybercrime

Malaysian Court Orders Restitution for 2009 Investment Scheme

By Editors | 10/04/2021

The Securities Commission had filed a civil suit against RBTR Asset Management and five others in 2009 for misleading investors.