Tag "Bank Negara Malaysia"
Tune Protect Gets Approval for BNM Sandbox
Tune Protect Group announced that its wholly owned subsidiary Tune Protect Ventures (Tune Protect Life) has received Bank Negara Malaysia’s (BNM) approval to participate in the Financial Technology Regulatory Sandbox. Tune Protect Life will provide simple and affordable pure life
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TNG to Implement Bank Grade Security Measure Imposed by BNM
Touch ‘n Go eWallet announced that it has come forward to be the first startup and non-bank provider that has committed to voluntarily incorporate the five key measures which have been recently imposed on banks by Bank Negara Malaysia to
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BNM Adds Forex Broker OctaFX to Its Consumer Alert List
Bank Negara Malaysia (BNM) has tacked on OctaFX, an online currency trading brokerage, to its Financial Consumer Alert list as of yesterday. The central bank warned consumers that OctaFX is not authorised nor approved under the relevant laws and regulations
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BNM Collaborates With SSM to Regulate AML/CFT and TFS
Bank Negara Malaysia (BNM) will be collaborating with the Companies Commission of Malaysia (SSM) to strengthen collaboration in the regulation and supervision of anti-money laundering, countering financing of terrorism (AML/CFT) and targeted financial sanctions (TFS). Both entities signed a Terms
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Bank Negara Malaysia Announces Much Anticipated Digital Banking Licenses
After a month of delay, Bank Negara Malaysia (BNM) finally announced the list of successful applicants. The framework which was first issued on 30th December 2020, was hotly contested and attracted 29 parties to bid for the licenses. The central
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BNM and SC Calls for Financial Institutions to Ramp up Response to Climate Change
The Joint Committee on Climate Change (JC3) has emphasized the need for the financial sector to strengthen its response to climate change. Established in 2019, JC3 is chaired by Bank Negara Malaysia (BNM) and the Securities Commission Malaysia with other members
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Bank Negara Malaysia Appoints Suhaimi Ali as Assistant Governor
Bank Negara Malaysia (BNM) has announced the appointment of Suhaimi Ali as Assistant Governor effective 1 April 2022 onwards. Suhaimi joined BNM in 1998 after graduating from the University of Notre Dame, United States of America. Throughout his career with
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Bank Negara Greenlights Resumption of Experian’s Access to CCRIS
Bank Negara Malaysia (BNM) has accepted the findings of the security assessment provided by Experian Information Services (Malaysia) Sdn Bhd (Experian) and is restoring Experian’s access to the Central Credit Reference Information System (CCRIS) on 25 October 2021, with immediate
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Malaysia’s DuitNow and Singapore’s PayNow to Link in 2022
The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) today announced plans to commence a phased linkage of Singapore’s PayNow and Malaysia’s DuitNow real-time payment systems. The first phase of the PayNow-DuitNow linkage will be launched in the
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HK Fintech Unicorn Airwallex Secures License for Cross Border Payments in Malaysia
Airwallex, a cross border payments company, announced that it has secured a money services business (MSB) license issued by Bank Negara Malaysia. They said, the new license will allow Airwallex to offer modern, streamlined and integrated international payment solutions for
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