Tag: Malaysia
Malaysia’s ACSR to consult on ISSB Standards for enhanced sustainability reporting
The Advisory Committee on Sustainability Reporting (ACSR), led by the Securities Commission Malaysia (SC) and supported by the Ministry of Finance, is set to...
Navigating the labyrinth of FATCA and CRS compliance in the APAC...
In a recent post by TAINA Technology, the company dug deeper into remaining compliant with FATCA and CRS compliance in APAC.
BNM teams with banks, law enforcement agencies to combat financial fraud
Bank Negara Malaysia (BNM) has teamed with a number of key stakeholders in the financial industry and legal world to take on financial fraud and scams.
Malaysia’s BNM reveals five-year blueprint to transform its FinTech sector
The Bank Negara Malaysia (BNM) has unveiled a five-year blueprint to help develop the country’s FinTech industry.
Firms paid $10.4bn in fines over the last year for breaking...
The total volume of fines levied against firms for breaking money laundering, data privacy, MiFID and know your customer rules jumped by 141% and amounted to $10.4bn in total so far this year.
Kamakura’s new suite helps Bank Islam Malaysia Berhad’s digitalisation process remain...
Bank Islam Malaysia Berhad taps RegTech Kamakura Corporation to ensure its digitalisation process remains compliant.
Bank Negara Malaysia looking to welcome digital banks into the market
Bank Negara Malaysia has updated its licensing framework for digital banks and is planning on issuing up to five new licenses to qualified applicants.
InstaReM to offer e-KYC services to customers in Malaysia
InstaReM, a cross-border payments company, will offer free electronic-Know Your Customer (e-KYC) to residents of Malaysia.
Southeast Asia may be seeing high adoption of online services, they...
Southeast Asia is the region with the highest growing adoption rate for internet users, and yet it has a lack of cybersecurity specialists.
Bank Negara Malaysia has suggested new electronic KYC guidelines
Having issued a policy document earlier in 2019, Bank Negara Malaysia has now released a draft for how the rules around electronic know your customer (KYC) could look like in the future in the country.
