Malaysia

Securities / Derivatives

SC, Bursa Malaysia Grant Additional Relief for Listed Issuers

By Editors | 17/02/2021

Listed issuers allowed an automatic 1-month extension to prepare financial statements. Those impacted by Covid-19 are granted more time to regularise operations.

Fintech / Regtech

Over 40 Parties to Apply for Digital Bank Licence: BNM

By Editors | 11/02/2021

Applications are being accepted until 30 June 2021, with BNM planning to award up to five licences in the first quarter of 2022.

Fintech / Regtech

Bursa Malaysia, Alliance Bank Establish Data Partnership to Help SMEs

By Editors | 10/02/2021

Bursa’s datasets and analytics capabilities will enable Alliance Bank to identify issues at SMEs and proactively recommend relevant solutions and advise on financing.

Securities / Derivatives

Asian Regulators Issue Warnings as GameStop Remains in Focus

By Manesh Samtani | 04/02/2021

Authorities in Hong Kong, Singapore, Korea and Malaysia are among those issuing warnings of possible investor losses as heightened volatility continues.

Securities / Derivatives

Malaysia Expands Sustainable Sukuk and Bonds Grant Scheme

By Editors | 21/01/2021

Eligible issuers can offset up to 90% of the external review costs incurred for the issuance of sustainable sukuk and bonds, subject to a maximum MYR 300,000 per issuance.

Capital / Liquidity

BNM Extends Flexibility to Use Govt Securities to Meet SRR

By Editors | 21/01/2021

Since March 2020, the lower SRR ratio and flexibility to recognise MGS and MGII as part of SRR compliance have released MYR 46 billion in banking system liquidity.

AML / KYC

Lessons Learned From APAC’s Landmark Year of AML Fines

By Payal Patel | 19/01/2021

Drawing from landmark penalties in 2020, FINTRAIL’s Payal Patel and Sara Abbasi identify key lessons to help financial institutions guard against financial crime.

Fintech / Regtech

BNM Opens Six Month Application Period for Digital Bank Licences

By Manesh Samtani | 03/01/2021

Applicant must demonstrate a commitment to driving financial inclusion. Preference will be accorded to applications where the controlling interest resides with Malaysian nationals.

Securities / Derivatives

SC Malaysia Issues Guidance to Address Unlicensed Investment Advice

By Editors | 03/01/2021

An increasing number of social media, chat room and messaging applications are providing stock recommendations or investment advice to the public for a fee.