KUALA LUMPUR, Dec 11 (Bernama) -- The Financial Action Task Force’s move to upgrade Malaysia’s status to “Regular Follow-Up” status, the highest category under the mutual evaluation process, reflects a whole-of-nation commitment and efforts, Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour said today.
KUALA LUMPUR, Dec 11 (Bernama) -- Global financial crime watchdog, the Financial Action Task Force (FATF) and Asia/Pacific Group on Money Laundering (APG) in a report published today, revealed that Malaysia has further strengthened its defences against illicit finance since 2015, notably by enhancing its legal framework and supervision of financial and non-financial sectors.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 11 (Bernama) -- The full rollout of all five licensed digital banks in 2025 has reshaped Malaysia’s digital finance landscape, signalling a decisive shift toward a more inclusive and technology-enabled financial ecosystem.
KUALA LUMPUR, Dec 5 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has reissued a total of US$1.365 billion short-term sukuk across four tenors, in its final auction for 2025.
KUALA LUMPUR, Dec 3 (Bernama) -- The total buy now pay later (BNPL) scheme loans as of Sept 30, 2025 were RM4.2 billion covering seven million active account holders in the country, comprising 0.3 per cent of the total household indebtedness in Malaysia.
KUALA LUMPUR, Dec 2 (Bernama) -- Malaysia’s banks will offer goodwill discounts for early settlement of existing fixed-rate hire-purchase agreements following the Dewan Negara’s passing of the Hire-Purchase (Amendment) Bill yesterday.
JOHANNESBURG, Nov 21 (Bernama) -- Businesses in Malaysia and South Africa have the opportunity to jointly shape the next chapter of the bilateral economic cooperation, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, Nov 17 (Bernama) -- Perbadanan Insurans Deposit Malaysia (PIDM) has appointed Datuk Abu Huraira Abu Yazid as its chairman, effective Nov 15, 2025, succeeding Datuk Seri Zukri Samat, who retired.
KUALA LUMPUR, Nov 11 (Bernama) -- The International Swaps and Derivatives Association (ISDA) has published legal opinions recognising the enforceability of close-out netting in Saudi Arabia, providing global financial institutions with greater legal certainty when transacting in the Kingdom’s derivatives market.
KUALA LUMPUR, Nov 10 (Bernama) -- Malaysia’s banking industry is accelerating the use of artificial intelligence (AI) to strengthen compliance, risk management and fraud detection.
KUALA LUMPUR, Nov 6 (Bernama) -- Scientific and financial resources must be urgently directed towards understanding and addressing the effects of climate change, as extreme weather events are no longer rare but recurring and intensifying, said the Sultan of Perak, Sultan Nazrin Shah.
KUALA LUMPUR, Nov 5 (Bernama) -- Rising financial crime rates underscore the urgent need for closer cross-border and ecosystem-wide collaboration to tackle the growing threat, said the Asian Institute of Chartered Bankers (AICB).
