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Enforcement
Malaysia: Former Trust Consultant Jailed for Securities Fraud
By Editors | 13/06/2020
The former consultant promised investors guaranteed returns but used the monies they paid for share trading in her personal account.
Securities / Derivatives
Taiwan, Malaysia to Cooperate on Derivatives Market Development
By Editors | 18/05/2020
The two exchanges will share information and best practices relating to product development, market operations, and other areas of common interest.
Capital / Liquidity
BNM: Banks Can Use Govt Bonds to Meet Reserve Requirement
By Editors | 05/05/2020
The move is expected to release about $3.7mn of liquidity into the banking system. BNM has also cut its overnight policy rate to the lowest level since 2009.
Securities / Derivatives
Malaysia: SC Allows E-wallet, E-payment Firms to Distribute Investment Products
By Editors | 05/05/2020
Operators of e-wallet or e-payment applications can register with the SC and partner with capital markets licence holders to distribute investment products to investors.
Securities / Derivatives
Malaysia SC Issues New Capital Market Advertising Guidelines
By Editors | 04/05/2020
Effective from 4 May, advertisers of capital markets products and services are no longer required to submit their advertisement materials to the SC for approval.
BNM Faces Backlash Over Revised Moratorium Guidance
By Editors | 03/05/2020
The initial version of BNM’s FAQs appeared to suggest that no extra interest would be charged on hire-purchase loans under deferment, but a revised illustration shows interest can accrue.
Securities / Derivatives
Malaysia SC Eases Rules for Issuing Convertible Notes to VC, PE Firms
By Editors | 28/04/2020
The flexibilities are aimed at easing the fundraising process for MSMEs as well as small and mid-cap companies, making it more cost-effective and reducing time to market.
Securities / Derivatives
Malaysia Extends Short Selling Ban by Two Months
By Editors | 28/04/2020
The short-selling suspension will now last until 30 June 2020, to ensure to manage risks and mitigate any excessive speculative activities.
Securities / Derivatives
Bursa Malaysia Issuers to Offer Electronic Options to Shareholders
By Editors | 27/04/2020
Listed issuers will be required to offer shareholders electronic options to subscribe for rights shares, exercise convertible securities and participate in dividend reinvestment schemes.
Crypto / Digital Assets
Malaysian Police Arrest 14 Chinese Nationals in Crypto Scam
By Editors | 20/04/2020
The group was found to be impersonating successful investors and using WeChat and QQ group chats to lure mainland victims into investing.
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