Tag "Securities Commission Malaysia"

12 Fintech Events Happening in Malaysia You Need to Check Out in 2019

Malaysia is a home to a small, but robust fintech community, ranging from startup founders to bankers with a keen eye for technological advancements. With rapidly evolving regulations in a nascent but vibrant space, and increasing interest from entrenched finance

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Securities Commission and Bank Negara Working to Bring ICOs Under Securities Law

To implement the regulatory framework on digital assets—be it tokens or cryptocurrency—the Bank Negara (BNM) and the Securities Commission Malaysia (SC) will enter into coordination arrangements to ensure compliance with laws and regulations under the purview of both regulators. The SC

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Malaysian Fintech Startups are Well-Positioned for Regional Expansion

Amidst rising interest in fintech, startups in this vertical have been dished a rude awakening to abide by tightening guidelines and protocols set by regulatory institutions. Disregarding stricter protocols, such as e-Know Your Customers (e-KYC), could be detrimental to all

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Malaysian Regulators: Raising ICOs in Malaysia Could be an Offense

In a joint-statement issued by Bank Negara Malaysia (BNM) and Securities Commission Malaysia (SC) today, the regulators stated that Initial Coin Offering (ICO) schemes may fall under the jurisdiction of the regulators. Both the regulators warned ICO issuers that carrying

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Fintech Influencers Malaysia: 14 Names You Should Know

Following our previous article highlighting 12 of the hottest fintech startups in Malaysia, we thought it’d be appropriate to come up with a “Fintech Influencers Malaysia” list to highlight some of the movers and shakers within the fintech space in

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Will This Partnership Drive Malaysian SMEs’ Adoption of P2P Loans?

Funding Societies and Cheng & Co have engaged in a strategic partnership to broaden and simplify access to business financing for creditworthy Malaysian small and medium-sized enterprises (SMEs). Cheng & Co, a  established home-grown accounting firm, will refer promising SMEs

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Fintech Malaysia Report 2017

  Note: We’ve update this report, the 2018 edition of the Fintech Report can be found here In the context of conversations surrounding fintech opportunities in South East Asia, Malaysia is often overlooked in lieu of Singapore. While it is

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Malaysia: 6 Licences for Peer-to-Peer Financing Operators

Securities Commission Malaysia (SC) introduced six registered Peer-to-Peer (P2P) financing platform operators in Malaysia to widen funding avenues for small and medium enterprises (SMEs). The six registered operators are B2B FinPAL, Ethis Kapital, FundedByMe Malaysia, ManagePay Services, Modalku Ventures and

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