Malaysia

    Anti-Money Laundering

    Singapore Offers Cooperation in Malaysia PM Probe

    By Editors | 10/07/2015

    The Monetary Authority of Singapore has said it is cooperating with Malaysian authorities in a probe into allegations of almost $700 million being transferred into the personal accounts of Prime Minister Najib Razak.

    Capital Adequacy

    Indonesia Promotes New Tools to Attract Foreign Islamic Banks

    By Editors | 08/07/2015

    Indonesian regulators are promoting new sharia-compliant financial tools and considering easing foreign ownership limits for domestic Islamic banks.

    Structural Regulation

    Malaysia Online Submission System to Shorten Time-to-Market for Financial Products

    By Editors | 22/06/2015

    Under Malaysia’s Securities Commission’s new framework wholesale products can be launched once the required information is lodged via its online submission system.

    Structural Regulation

    Pakistan Approves Sharia Advisory Board for Islamic Finance

    By Editors | 13/06/2015

    The Securities and Exchange Commission of Pakistan has approved a four-member sharia advisory board to oversee Islamic financial products in the country.

    Structural Regulation

    Indonesia’s Five-Year Plan May Consolidate Islamic Banks

    By Editors | 26/05/2015

    Indonesia is preparing a five-year plan to develop Islamic finance by encouraging the three large state-owned Islamic banks ‎to merge, a move that could spur smaller players to link up in order to remain competitive.

    Credit Risk

    Malaysia Central Bank Issues New Guidelines on Restructured Loans

    By Editors | 06/05/2015

    Bank Negara Malaysia, the country’s central bank, is revising guidelines on restructured and rescheduled (R&R) loans in a move that could impact the asset quality and earnings of local banks.

    Structural Regulation

    Foreign Banks to Open Branches in Myanmar

    By Editors | 10/04/2015

    Two Japanese and one Singaporean bank will become the first foreign banks to operate in Myanmar in over 50 years, after receiving final regulatory approval from the central bank.

    Structural Regulation

    Singapore Signs Regional Pact for Cross-Border Capital Raising

    By Editors | 03/03/2015

    Securities market authorities from Singapore, Malaysia and Thailand have agreed to allow cross-border capital raising, aimed at deepening economic relationships among members of the southeast Asian nations.

    Structural Regulation

    Indonesia to Issue Regulation on Definition of Foreign Banks

    By Editors | 18/02/2015

    Indonesia’s Financial Services Authority, or OJK, plans to release a regulation on the definition of foreign banks in the country, in a move that puts its policies in line with those of neighbouring nations Singapore and Malaysia.

    Structural Regulation

    Indonesia Seeks Bilateral Financial Services Deal with China

    By Editors | 21/01/2015

    Indonesia’s Financial Services Authority, or OJK, is expected to sign a bilateral agreement with China’s financial authority within the first three months of the year to pave the way for Indonesian lenders to expand into China.

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