Malaysia

AML / KYC

SC Malaysia Moves to Tighten Social Media Ad Rules

By Nithya Subramanian | 03/09/2025

The regulator is in talks with platforms including Meta and TikTok to restrict investment ads to whitelisted entities, after scam losses surged between 2020 and 2024.

AML / KYC

Malaysia: UBB Investment Bank Case Set for Mention on 26 September

By Nithya Subramanian | 02/09/2025

A Malaysian court will hear further mention in the case against UBB Investment Bank, which faces 53 charges of failing to file STRs and an additional charge of inadequate due diligence.

Crypto / Digital Assets

Malaysia Affirms Crypto Trading, Mining and Exchange Income are Taxable

By Nithya Subramanian | 01/09/2025

Malaysia’s Ministry of Finance said income from cryptocurrency activities is taxable, and digital services from local and foreign providers are subject to service tax.

Crypto / Digital Assets

BNM to Release Tokenisation Discussion Paper in 2025

By Nithya Subramanian | 01/09/2025

Malaysia’s MOF said BNM is working with industry experts and regulators to test tokenised deposits, ringgit-backed stablecoins and wholesale CBDCs.

AML / KYC

Southeast Asia Increasingly Shifting Scam Liability to Banks - Report

By Manesh Samtani | 01/09/2025

A new GASA report finds consumers in Southeast Asia lost an estimated USD 23.6 billion in the last year from scams.

Enforcement

Bursa Malaysia Reprimands, Fines and Strikes Off Former Dealer

By Nithya Subramanian | 28/08/2025

The exchange said the former dealer engaged in fraudulent practices, including using his deceased father’s name for personal trades.

Fintech / Regtech

Malaysia's PayNet Taps Ant International to Take DuitNow QR Global

By Editors | 23/08/2025

New agreement enables outbound payments for Malaysians across the Alipay+ network, while also deepening collaboration on fraud prevention and talent development.

Trending

JPMorgan to Pay Malaysia $330m in Final 1MDB Settlement

By Editors | 23/08/2025

The deal resolves all outstanding claims and follows a Swiss conviction of the bank's unit for AML failures linked to the scandal.

AML / KYC

Online Scams Persist in Malaysia Despite Awareness Drives: Minister

By Nithya Subramanian | 21/08/2025

Online scams in Malaysia persist as syndicates shift tactics, use fake identities and websites, and exploit low digital literacy and weak cross-border enforcement.