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Securities Commission Malaysia Inks Regional Supervisory Cooperation
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Securities Commission Malaysia Inks Regional Supervisory Cooperation

The Securities Commission Malaysia (SC) has signed the IOSCO Asia Pacific Regional Committee’s (APRC) Multilateral Memorandum of Understanding for Supervisory Cooperation (Supervisory MMoU) at the International Organisation of Securities Commissions (IOSCO) annual meetings in Morocco on Monday. The SC now

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SC: Budget 2023’s Capital Market Initiatives to Boost Market Confidence, Talent Pipeline
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SC: Budget 2023’s Capital Market Initiatives to Boost Market Confidence, Talent Pipeline

The capital market initiatives announced during the Budget 2023 will complement and assist efforts to boost market confidence, encourage growth and catalyse private sector investment in the economy, says the Securities Commission Malaysia (SC). One of the initiatives is the

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CIMB Group Doubles Its Sustainable Finance Target to RM60 Billion by 2024
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CIMB Group Doubles Its Sustainable Finance Target to RM60 Billion by 2024

CIMB Group announced that it is doubling its sustainable finance target to RM60 billion by 2024 under its Green, Social, Sustainable Impact Products and Services (GSSIPS) framework. The increased target was announced during the opening of CIMB’s flagship The Cooler

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Maybank Designs Sustainable Product Framework for Group-Wide Implementation
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Maybank Designs Sustainable Product Framework for Group-Wide Implementation

Maybank has designed its own Sustainable Product Framework (SPF) to enable greater development of green, social and sustainable products. The framework will be implemented group-wide across Islamic and conventional products effective 1 September 2022. In keeping with best practices adopted

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BNM Adds Forex Broker OctaFX to Its Consumer Alert List
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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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StanChart Malaysia Appoints Mak Joon Nien as First Local CEO
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StanChart Malaysia Appoints Mak Joon Nien as First Local CEO

Standard Chartered Malaysia announced the appointment of Mak Joon Nien as Managing Director and Chief Executive Officer (CEO), with effect from 18 August 2022. Mak is the bank’s first Malaysian CEO. He will take over the reins from Abrar A.

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Maybank Appoints Dr Siew Chan Cheong as New Group Chief Strategy Officer
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Maybank Appoints Dr Siew Chan Cheong as New Group Chief Strategy Officer

Maybank announced that it has appointed Dr Siew Chan Cheong as its Group Chief Strategy Officer, effective 15 August 2022. Dr Siew will assist and report to the Group President and CEO of Maybank, and work closely with the Board

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Mambu: Malaysians Want Their Banks to Become More Sustainable in the Future
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Mambu: Malaysians Want Their Banks to Become More Sustainable in the Future

More than three quarters (77%) of Malaysian consumers want their bank or financial institution to become more sustainable in the future, according to a new report from cloud banking platform Mambu. “Is the grass greener on the sustainable side?” report

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Securities Commission Malaysia Makes New Leadership Appointments
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Securities Commission Malaysia Makes New Leadership Appointments

The Securities Commission Malaysia (SC) announced that it has made four new senior appointments that took effect on 1 July 2022. The SC has appointed Datin Azalina Adham as Executive Director of newly created business group Strategy and Policy. Leveraging

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