Malaysia

Market Infrastructure

Bursa Malaysia Goes Live with T+2 Settlement

By Editors | 29/04/2019

Starting today (29 April), securities trade on Bursa Malaysia will be executed on T+2 settlement, a move first proposed in March 2018.

Securities / Derivatives

Malaysia Consults on Migration to Scripless Securities Market

By Editors | 17/04/2019

Bursa Malaysia has issued new rule amendments to facilitate a move towards paperless record keeping and certificate issuance for the securities market.

Market Infrastructure

Bursa Malaysia to Operate on T+2 Settlement from 29 April

By Editors | 08/04/2019

Bursa Malaysia will migrate to T+2 settlement starting from 29 April, putting it in line with the financial markets of developed countries.

Capital / Liquidity

Malaysia Issues Draft Policy Framework for D-SIBs

By Editors | 04/04/2019

The draft policy framework sets out a proposed assessment methodology to identify D-SIBs in Malaysia and the applicable HLA and reporting requirements.

AML / KYC

Malaysia Mulls Cash Transaction Limit as AML Measure

By Editors | 01/04/2019

Bank Negara Malaysia will conduct a public consultation by Q3 to gather feedback on the implementation of a cash transaction limit, what it should be, and whether it is even desirable.

Fintech / Regtech

Malaysia Seeks Licensing Regime for Virtual Banks by Year-End

By Editors | 29/03/2019

Though discussions are still in the preliminary stages, Malaysia’s central bank is looking to publish its requirements for virtual bank licences by the end of the year.

AML / KYC

Securities Commission Malaysia Issues Show-cause Notice to Goldman

By Editors | 15/03/2019

Malaysia’s securities regulator has reportedly issued a show-cause notice to Goldman Sachs, assumed to be in connection with the multi-billion dollar 1MDB scandal.

Crypto / Digital Assets

SC Orders Half of Malaysia’s Digital Asset Exchanges to Close

By Editors | 11/03/2019

According to a notice from Malaysia’s Securities Commission, 21 of the country’s 43 digital asset exchanges will be forced to close after they failed to register by the 1 March deadline.

Fintech / Regtech

Malaysia Consults on Frameworks for ICOs, Property Crowdfunding

By Editors | 08/03/2019

The ICO framework covers issuer eligibility, transparency in disclosures, and utilisation of proceeds. The property crowdfunding framework was first announced in Budget 2019.