Malaysia

Fintech / Regtech

Malaysia Anti-Scam Efforts Helping Boost Public Awareness: Survey

By Nithya Subramanian | 07/08/2025

A survey of customers found that 76% of respondents were satisfied with their banks' effectiveness in safeguarding them from scams.

AML / KYC

Malaysia Examines Proposal for Unexplained Wealth Law

By Editors | 06/08/2025

The government is studying a proposal for Unexplained Wealth Orders to combat corruption but will move slowly to avoid unintended consequences.

Capital / Liquidity

Malaysia, Indonesia, Thailand Expand Local Currency Settlement Network

By Nithya Subramanian | 06/08/2025

The central banks have appointed new ACCDs to support the LCTF, to boost trade and investment settlements in ringgit, rupiah and baht.

Fintech / Regtech

BNM Targets New Rules on AI, Open Finance and Asset Tokenisation

By Sanday Chongo Kabange | 05/08/2025

BNM has announced three major regulatory papers to guide responsible innovation and data sharing in the financial sector.

Fintech / Regtech

BNM Proposes AI Governance Framework for Financial Sector

By Nithya Subramanian | 05/08/2025

New discussion paper proposes responsible innovation through transparency, accountability, and ethical data use while mitigating risks such as bias, opacity, and misuse.

ESG / Sustainability

Malaysia Flags Pension System Overhaul, Digital Finance Push in New Plan

By Editors | 02/08/2025

The 13th Malaysia Plan earmarks MYR 430 billion in public development funds, proposes a monthly pension option, and outlines a new venture capital roadmap.

Enforcement

BNM Fines Three Lenders for Regulatory Breaches

By Nithya Subramanian | 31/07/2025

The fines were imposed for breaches involving deficient AML controls, delayed sanctions screening, and banking service outages.

Enforcement

SC Malaysia Charges Former Unit Trust Consultant with Securities Fraud

By Nithya Subramanian | 31/07/2025

The consultant allegedly defrauded two investors by misrepresenting a unit trust investment, and used the funds for her personal investments.

Fintech / Regtech

Bursa Malaysia to Issue New Cybersecurity Rules by October

By Nithya Subramanian | 30/07/2025

Bursa Malaysia will issue cybersecurity guidelines by October as part of its response to unauthorised trading incidents that occurred in April.