Malaysia

Fraud, Scams & Cybercrime

Over 1,800 Arrested in Transnational Crackdown on Scams: Singapore Police

By Nithya Subramanian | 05/06/2025

A cross-border operation spanning seven territories has uncovered extensive scam networks linked to over 9,200 cases, with victims losing an estimated $225mn.

Anti-Money Laundering

Singapore Court Allows 1MDB’s $394m Claim Against BSI Bank to Proceed

By Nithya Subramanian | 04/06/2025

The court rejected BSI Bank’s bid to strike out the case, allowing 1MDB and Brazen Sky Limited to seek compensation.

Trading & Investment

Bursa Malaysia Announces Collaboration to Facilitate ETF Listings

By Editors | 30/05/2025

The initiative aims to facilitate the listing of foreign-underlying ETFs on Bursa Malaysia and broaden the options available to Malaysian investors.

Structural Regulation

Bursa Malaysia Proposes Listing Rule Changes to Enhance Transparency

By Editors | 30/05/2025

Proposed amendments aim to enhance transparency in corporate distress situations and improve business efficacy for minor joint ventures.

Cloud & Infrastructure

PayNet, FAOM Partner to Develop Fintech Hub in Malaysia

By Nithya Subramanian | 30/05/2025

PayNet and the Fintech Association will collaborate to promote regulatory engagement, regional collaboration, and expanded market access for Malaysian fintechs.

Sustainable Finance

SC Malaysia Launches Books to Promote Islamic Ethics and Sustainability

By Nithya Subramanian | 30/05/2025

A task force will also be set up to drive the adoption of environmental stewardship principles and responsible business and trade practices.

Anti-Bribery & Corruption

Ex-Goldman Banker Gets 2yr Sentence in 1MDB Case

By Manesh Samtani | 29/05/2025

Tim Leissner has been sentenced to two years in prison and ordered to forfeit $43.7mn for his role in the 1MDB bribery and money laundering scheme.

KYC & CDD

BNM Fines Multiple Banks for AML and Reporting Failures

By Nithya Subramanian | 29/05/2025

Bank Pembangunan and two HSBC entities were penalised for failures to properly identify and verify beneficial owners.

KYC & CDD

Malaysia Defends Restrictions on Access to Beneficial Ownership Data

By Nithya Subramanian | 28/05/2025

The Companies Commission said restricting access to specific parties is in line with global norms, balancing transparency with privacy, security, and AML efforts.