Malaysia

Trading & Investment

Malaysia to Promote Greater Capital Market Innovation

By Editors | 07/07/2020

The SC will invite innovative stockbroking models such as digital-only brokers and algo trading platforms. Bursa’s trading and clearing memberships will be separated.

Structural Regulation

Philippine SEC Seeks Independent Board at Stock Exchange

By Editors | 01/07/2020

The Philippine Stock Exchange currently has three independent directors on its 15-seat board. Under the proposed rules, a majority of the directors will have to be independent.

KYC & CDD

BNM e-KYC Policy for Customer Onboarding Takes Effect

By Editors | 30/06/2020

Financial institutions have the freedom to decide on any combination of methods to identify and verify customers through e-KYC, but prior BNM approval is required.

Trading & Investment

Malaysia, Thailand Extend Short Selling Restrictions

By Editors | 28/06/2020

Malaysia will extend its short-selling ban until year-end; Thailand will continue using the uptick rule until end-September; Korea’s short-selling ban is due to expire in mid-September.

Fraud, Scams & Cybercrime

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.

Trading & Investment

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.

Liquidity Risk

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.

Structural Regulation

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.

Structural Regulation

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.