Clear, modern coverage of Malaysian news and analysis.
US President Donald Trump has relaunched efforts to remove Federal Reserve Governor Lisa Cook following mortgage fraud allegations, proceeding after a June Supreme Court rejection of his initial attempt.
Prime Minister Anwar Ibrahim defended the release of the Lembaga Tabung Haji RCI report as a matter of trust and protecting Muslim depositors' interests, not political scoring. Parliament will debate the findings on August 11.
Bank Negara Malaysia should move away from prescriptive rules towards collaborative regulation with financial institutions, using regulatory sandboxes to support emerging industries, says former deputy governor Datuk Ooi Sang Kuang at the Sasana Symposium 2026.
Bank Negara Malaysia will roll out a more rigorous performance assessment framework for Malaysia's six development financial institutions from July 2027, evaluating their success in delivering development impact and operational efficiency.
The Financial Action Task Force has warned that criminal networks are increasingly moving billions of dollars through cryptocurrency markets, taking advantage of regulatory weaknesses. The Paris-based watchdog found that crypto-enabled crime has grown more sophisticated.
Cropmate, a Malaysian fertiliser company, announced the release of its previously frozen bank accounts. The firm confirmed that none of its staff, including senior management, faced legal action.
Three brothers have been charged at separate Kuala Lumpur Sessions Courts for operating unlicensed capital market activities, marking an enforcement action by the Securities Commission.
Malaysia's Buy Now, Pay Later market has grown to 8 million active users with RM5.3 billion in outstanding credit, as regulatory authorities impose new licensing requirements on all providers operating in the sector.
European lawmakers are finalizing rules for a digital euro, with formal approval expected January 1, 2027, and public launch targeted for 2029. The initiative aims to modernize currency and reduce dependence on U.S. payment systems.
The Asian Institute of Chartered Bankers says Malaysia's financial sector must shift from experimental AI adoption to responsible, trusted implementation backed by robust governance and skilled professionals.
Malaysia's government is undertaking a detailed study to enhance safeguards for cybercrime victims, including potential fund recovery mechanisms and tougher penalties for perpetrators, drawing on international models.