Malaysia

Market Infrastructure

BNM Consults on Enhanced Product Disclosure Requirements

By Sanday Chongo Kabange | 02/03/2024

BNM is consulting on enhanced product disclosure requirements to minimise mis-selling of financial products.

Fintech / Regtech

BNM Launches Enhanced Framework for Regulatory Sandbox

By Editors | 01/03/2024

The enhanced framework makes it easier for early-stage fintechs to meet the eligibility requirements and introduces an accelerated pathway for regulated firms.

AML / KYC

Singapore and Malaysia Join Forces to Combat Telecom Scams

By Ranamita Chakraborty | 28/02/2024

Both countries have signed an MoU to provide regulatory assistance and cooperation related to scam telephone calls and text messages.

Fintech / Regtech

Singapore FinTech Association Drives FinTech Expansion to Malaysia

By Ranamita Chakraborty | 27/02/2024

Under the new Project Tapir, Singapore Fintech companies will be supported by Malaysian venture capital firms in their expansion efforts.

Securities / Derivatives

Malaysia Commits to Cutting IPO Approval Time to Three Months

By Editors | 27/02/2024

IPO applications submitted from 1 March 2024 will take just 3 months for approval, down from the current 4-12 months typically required.

Securities / Derivatives

Malaysia SC Extends REITs Annual Report Timeline

By Editors | 27/02/2024

This adjustment aligns the reporting timeline for listed REITs with that of public-listed companies, the SC said.

ESG / Sustainability

Malaysia Consults on Local Implementation of ISSB Standards

By Editors | 18/02/2024

IFRS S1 and IFRS S2 would be mandatory for Main Market issuers, and potentially ACE Market issuers and large non-listed companies.

ESG / Sustainability

Top ASEAN Exchanges to Jointly Develop Sustainability Ecosystem

By Ranamita Chakraborty | 15/02/2024

The exchanges will reconvene in July to finalise the ecosystem’s implementation details, governance framework and operating structure.

Enforcement

SC Malaysia Awarded $515m in Insider Trading Case

By Mark Johnston | 15/02/2024

Malaysia’s High Court ordered a former CEO to pay the Securities Commission three times profits, as well as a civil penalty and legal costs.