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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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