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Recent News

Recent news from the Bank

RINGGIT Newsletter (April 2018 issue) is now available for download  (25 May 2018)

RINGGIT is a joint-effort publication between FOMCA and the Bank to improve consumer awareness on financial issues. The highlight for this month is "Jimatkan Kos Perubatan".

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Enforcement Action against Company Suspected To Be Using The Word "Bank" Without Approval  (24 May 2018)

A raiding operation was conducted on Axios Group Sdn Bhd located in Cheras on 24 May 2018. Axios Group Sdn Bhd was suspected to have committed an offence under section 139(1)(a) of the Financial Services Act 2013 (FSA) for using the word “bank” in their office premise signage and websites without written approval by Bank Negara Malaysia. During the raid, relevant documents and computers were seized to assist in the investigation.

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Deputy Governor’s Welcome Address at the Launch of FSPB Professional Code for the Financial Services Industry  (24 May 2018)

I am delighted to be here to witness the launch of the Financial Services Professional Board (FSPB) Professional Code for the Financial Services Industry. 

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Statement on Purchase of Land for the Development of a Financial Education Hub  (24 May 2018)

We refer to the recent international and domestic media coverage on the matter concerning a piece of land purchased by Bank Negara Malaysia (the Bank). 

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Additional Requirements for the Money Services Business Compliance Officers  (22 May 2018)

This circular specifies additional requirements on MSB Compliance Officers, to ensure that the Compliance Officer is able to effectively perform the compliance function in the MSB entity.

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International Reserves of Bank Negara Malaysia as at 15 May 2018  (22 May 2018)

The international reserves of Bank Negara Malaysia amounted to USD109.4 billion as at 15 May 2018. 

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Statement by Financial Markets Committee - Strengthening Financial Market Infrastructure  (21 May 2018)

As part of the strategy to enhance transparency, visibility and strengthen surveillance, the Financial Markets Committee (FMC) and Bank Negara Malaysia (BNM) are pleased to announce the operationalisation of segregated securities accounts at the large value payment system, Real-time Electronic Transfer of Funds and Securities System (RENTAS) operated by Payments Network Malaysia Sdn Bhd (PayNet). 

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Exposure Draft on Takaful Operational Framework  (21 May 2018)

This exposure draft is being issued following a review of the existing Takaful Operational Framework to further clarify the application of Shariah contracts that complement the Shariah standards and operational requirements issued by the Bank.

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Statement by Financial Markets Committee  (18 May 2018)

The Malaysian onshore financial markets activities continue to operate effectively during the first week after the general election. 

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Featured contents recommended as reference

International Technical Cooperation

Find out more about BNM’s international technical cooperation programmes for central bankers and financial regulators.

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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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Museum and Art Gallery Bank Negara Malaysia

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

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Find out more about Money Laundering & Terrorism Financing

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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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