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Recent News

Recent news from the Bank

Liberalisation Of Foreign Exchange Administration Policies  (16 Aug 2019)

Bank Negara Malaysia wishes to announce further liberalisation of the foreign exchange administration (FEA) policy aimed at providing greater flexibility and efficiency for businesses to better manage their foreign exchange (FX) risk and conduct their daily operations.

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Exposure Draft on Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) – Money Services Business (Sector 3) (Supplementary Document No. 2)  (09 Aug 2019)

This exposure draft outlines the proposed minimum requirements and standards that a licensed money changer approved to implement electronic Know Your Customer (e-KYC) must observe in on-boarding customers for the provision of money changing business through online or mobile channels. 

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International Reserves of Bank Negara Malaysia as at 31 July 2019  (07 Aug 2019)

The international reserves of Bank Negara Malaysia amounted to USD103.9 billion as at 31 July 2019. 

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Call for applications: UNCDF Digital Financing for Sustainable Development Goals Challenge  (07 Aug 2019)

In partnership with The United Nations Secretary-General’s Taskforce on Digital Financing of the Sustainable Development Goals and supported by Bank Negara Malaysia, UNCDF would like to invite companies to participate in the UNCDF Digital Financing for Sustainable Development Goals Challenge.
 

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Pidato Piala Gabenor provides platform to encourage the use of Bahasa Kebangsaan in the financial sector  (06 Aug 2019)

Mohd Arfaizal Muhammad Arsatfrom Bank Muamalat Malaysia Berhad was named champion of the 11th Pertandingan Pidato Piala Gabenor 2019 with the topic Penggunaan Bahasa Kebangsaan dalam Industri Kewangan Masih Belum Meluas: Cabaran dan Kekangannya.

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Enforcement Action against Network of Illegal Money Services Business Operators  (02 Aug 2019)

On 1 August 2019, Bank Negara Malaysia (BNM) in collaboration with Royal Malaysia Police and the Immigration Department Malaysia conducted a joint raiding operation in Klang Valley and Pulau Pinang on a network of illegal money services business (MSB) operators.

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Exposure Draft on Operating Cost Controls for Life Insurance and Family Takaful Business  (01 Aug 2019)

The Operating Cost Controls for Life Insurance and Family Takaful Business policy document issued on 26 December 2018 (which took effect on 1 January 2019) set out the deregulation of operating cost control limits for Licensed Life Insurers and Family Takaful Operators and standards to strengthen the professionalism of insurance and takaful intermediaries.

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Issuance of Commemorative Coins in conjunction with the Installation of His Majesty Seri Paduka Baginda Yang di-Pertuan Agong XVI  (01 Aug 2019)

Bank Negara Malaysia is issuing commemorative coins in conjunction with the installation of His Majesty Seri Paduka Baginda XVI Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah Ibni Almarhum Sultan Haji Ahmad Shah Al-Musta’in Billah as the sixteenth Yang di-Pertuan Agong on 30 July 2019. 

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Highlights

Featured contents recommended as reference

Explore The New Housingwatch Website

This Housing Watch microsite aims to provide timely information on the key factors that influence the demand and supply of housing in Malaysia for a more informed decision-making and public discourse on this issue.

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Financial Technology Enabler Group

The Financial Technology Enabler Group (FTEG) was established by Bank Negara Malaysia (BNM) in June 2016 to support innovations that will improve the quality, efficiency and accessibility of financial services in Malaysia.

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Pembiayaan Mikro

A sustainable microfinance scheme, where participating financial institutions offer microfinance products that are easy, fast and convenient to micro enterprises with viable businesses.

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Bank Negara Malaysia Museum and Art Gallery

An informal and interactive venue for learning about the importance of numismatics, economics, Islamic banking and financial planning.

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AML/CFT

Find out more about Money Laundering & Terrorism Financing

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Ringgit

RINGGIT is a joint-effort publication between FOMCA and Bank Negara Malaysia. This collaboration creates greater outreach in our effort to improve the consumer awareness on financial issues.

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