Malaysia

Fintech / Regtech

Six Southeast Asian Fintech Associations Agree to Cooperate

By Editors | 03/11/2022

The six fintech associations are from Singapore, Cambodia, Malaysia, the Philippines, Thailand and Vietnam.

ESG / Sustainability

Bursa Malaysia, LSEG Expand Collaboration on ESG Initiatives

By Editors | 03/11/2022

FTSE Russell will provide ESG scores for all companies listed on Bursa Malaysia’s Main and ACE Markets, compared to 30 percent currently.

AML / KYC

Malaysian Banks Launch National Scam Awareness Campaign

By Editors | 02/11/2022

BNM said banks are giving their “full commitment” and making progress in implementing stronger controls and safeguards against financial scams.

Crypto / Digital Assets

Malaysia to Grant Licences to More ECF, P2P, Crypto Platforms

By Editors | 01/11/2022

A Digital Innovation Fund will also be established to co-fund innovative projects to digitalise the capital market and make it more competitive.

Malaysia’s Scam Response Centre Publishes Guidance

By Editors | 20/10/2022

The National Scam Response Centre’s establishment was announced in Malaysia’s 2023 Budget earlier this month.

Securities / Derivatives

Bursa Malaysia Proposes to Extend Waqf Framework to REITs, ETFs

By Editors | 20/10/2022

The proposed amendments are meant to complement SC initiatives to broaden the range of Islamic products available in the capital market, Bursa Malaysia says.

Securities / Derivatives

Malaysia SC Signs Regional MMoU on Supervisory Cooperation

By Editors | 19/10/2022

Malaysia’s SC now has a cooperative arrangement on supervisory matters with regional counterparts in Australia, Hong Kong, Japan, Singapore and Thailand.

Crypto / Digital Assets

Malaysia is Liberalising Funds Industry, Says SC Chairman

By Editors | 18/10/2022

The SC is allowing retail funds to have exposure to digital assets and other alternative assets. Similar plans are intended for wholesale funds.

BNM Calls for Heightened Vigilance Over Payment Card Activity

By Editors | 10/10/2022

Payment gateway service provider iPay88 experienced a breach earlier this year affecting card data from online transactions.