Tag: Bank Negara Malaysia

Bank Negara Malaysia (BNM) has imposed an Administrative Monetary Penalty (AMP) of RM1,000,000 on Bank Kerjasama Rakyat Malaysia Berhad (BKRM) following a series of...

Financial crime compliance is shifting gear globally, according to SymphonyAI's inaugural Risk Radar briefing. Regulators across North America, EMEA and APAC are not only...

Financial institutions are increasingly aware that artificial intelligence (AI) could transform anti-money laundering (AML) operations. Yet adoption remains cautious. This hesitancy stands in sharp contrast...

Malaysia is stepping up efforts to modernise digital identity across financial services, as 18 banks take part in the second testing phase of the...

Malaysia’s financial sector is entering a critical transformation period as regulatory expectations tighten and financial crime threats evolve. Banks are operating under heightened pressure...

In August 2025, Bank Negara Malaysia (BNM) launched a public consultation exploring how artificial intelligence (AI) can be integrated responsibly across the country’s financial...

Fraud prevention in banking is entering a new era as cybercriminals exploit increasingly advanced technologies, forcing regulators and financial institutions to rethink traditional defences. ...

Biometrics are quickly replacing passwords as the preferred method of authentication across the financial services sector.

Bank Negara Malaysia (BNM) is introducing a comprehensive overhaul of anti-money laundering and counter-financing of terrorism (AML/CFT) requirements for e-money issuers under its 2025...

The Advisory Committee on Sustainability Reporting (ACSR), led by the Securities Commission Malaysia (SC) and supported by the Ministry of Finance, is set to...