Malaysia

    Anti-Money Laundering

    Malaysia: BNM to Implement New Currency Law

    By Editors | 08/04/2020

    BNM will continue to consult on an economy-wide cash transaction limit, which it will be able to implement under the Currency Act 2020.

    Structural Regulation

    In-Depth: Making Sense of Digital Bank Policy

    By Jamie Lloyd Evans | 07/04/2020

    Industry veteran Jamie Lloyd Evans takes a detailed look at digital banking regimes in Asia, and the stated – and unstated – motivations behind them.

    Market Data & Technology

    Bursa Malaysia Implements ISO 20022 for Corporate Announcements

    By Editors | 01/04/2020

    The messaging standard will transform the corporate announcements flow in Malaysia, favour interoperability with other marketplaces, and foster innovation.

    Credit Risk

    Malaysia: BNM Enhances Financing Facilities for SMEs

    By Editors | 30/03/2020

    BNM is allocating an additional 4 billion ringgit to its financing facilities for SMEs and lowering interest rates to help them sustain their operations and preserve jobs.

    Capital Adequacy

    SC, Bursa Malaysia Ease Margin Financing Rules for Brokers

    By Editors | 26/03/2020

    Brokers are no longer required to liquidate client holdings, make margin calls, or impose haircuts on collateral if client equity balances fall below 130%.

    Credit Risk

    Malaysia: Lenders Need Not Assume Higher ECL for Rescheduled Debt

    By Manesh Samtani | 26/03/2020

    Given that regulatory action is driving debt rescheduling, lenders need not simply assume lifetime expected credit losses under MFRS 9 are relevant for all receivables.

    Liquidity Risk

    BNM Offers Regulatory Relaxations to Support Lending Activities

    By Editors | 25/03/2020

    Besides an NSFR relaxation, banks can drawdown on the capital conservation buffer, operate below 100% LCR, and utilise regulatory reserves they have set aside.

    Liquidity Risk

    BNM Orders Automatic Moratorium on Loan Repayments

    By Editors | 24/03/2020

    Credit card balances should be converted to term loans. Banks will have to maintain a minimum NSFR of 80% instead of 100% from 1 July.

    Trading & Investment

    Malaysia Suspends Short-selling, Grants Relief to Licensed Entities

    By Editors | 24/03/2020

    The short-selling suspension will last until 30 April 2020. Annual licensing fees will be waived. CPE and professional training requirements will be eased.

    Structural Regulation

    SC Malaysia Grants Regulatory Flexibilities to Market Participants

    By Editors | 23/03/2020

    The deadlines for market participants to comply with regulatory requirements relating to submissions and training requirements have been extended.

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