Malaysia

Fraud, Scams & Cybercrime

Malaysia Regulators Investigate Investment Scam Syndicate

By Editors | 01/04/2021

The SC has seized records and devices used by the syndicate as well as taken down servers and blocked websites used perpetrate the scams.

Structural Regulation

BNM Shariah Advisory Council Rules RFRs Permissible

By Editors | 29/03/2021

The ruling was made based on the justification that the compounding methodology is “merely an arithmetic method” and does not affect compliance with Shariah requirements.

Market Abuse

Malaysia SC Probes Share Disposals by AmBank Execs

By Sanday Chongo Kabange | 23/03/2021

Seven executives sold a combined MYR 1.63 million in shares on the same two days in December, just two months ahead of AmBank’s 1MDB settlement.

Structural Regulation

Malaysia Grants Fee Waivers, Rebates on Listing Related Fees

By Editors | 21/03/2021

Processing fees, prospectus registration fees, initial fees and annual listing fees will be provided to companies seeking a listing, while companies already listed can receive rebates.

Structural Regulation

Malaysia SC Outlines Capital Market Plans for 2021

By Sanday Chongo Kabange | 21/03/2021

The SC said it will launch its five-year Capital Market Masterplan 3 in H2 2021, strengthen its regulatory capabilities, and streamline conduct requirements.

Cloud & Infrastructure

BNM Increases Funding for SME Digitalisation Initiatives

By Editors | 18/03/2021

The SME Automation and Digitalisation Facility, launched in March to help SMEs automate processes and digitalise operations, has more than tripled in size.

Trading & Investment

BNM Eases Rules for Non-resident Banks Trading Ringgit IRS

By Editors | 15/03/2021

Non-resident banks can trade ringgit-denominated interest rate swaps without any underlying commitment with any onshore bank or its appointed overseas offices.

Trading & Investment

Bursa Malaysia Revamps Crude Palm Kernel Oil Futures Contract

By Editors | 09/03/2021

The enhancements aim to create an effective hedging instrument against the physical market and provide an alternative instrument for participants.

Supervision & Enforcement

Malaysia Secures Settlement from Deloitte to Resolve 1MDB Claims

By Editors | 05/03/2021

Malaysia’s Finance Ministry is also negotiating a settlement with KPMG, which was replaced by Deloitte as auditor of 1MDB in 2013.