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Financial Institutions’ Adoption of SWIFT’s Mandatory Customer Security Requirements

Bank Negara Malaysia requires the financial institutions in Malaysia to ensure timely implementation of the mandatory security controls issued by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) under its Customer Security Controls Framework dated 31 March 2017. The security controls was introduced as part of SWIFT’s Customer Security Programme to support the fight against cyber-attacks.

The implementation status of the financial institutions in Malaysia, as at 22 January 2018, is as follows:

Financial institutions that attested compliance with all relevant SWIFT Mandatory Controls

1.    Affin Bank Berhad
2.    Alliance Bank Malaysia Berhad
3.    AmBank (M) Berhad
4.    Bangkok Bank Berhad
5.    Bank of America Malaysia Berhad
6.    Bank of China (Malaysia) Berhad
7.    Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad
8.    BNP Paribas Malaysia Berhad
9.    China Construction Bank
10.  CIMB Bank Berhad
11.  Deutsche Bank (Malaysia) Berhad
12.  Hong Leong Bank Berhad
13.  HSBC Bank Malaysia Berhad
14.  India International Bank (M) Berhad
15.  Industrial and Commercial Bank of China (Malaysia) Berhad
16.  J.P. Morgan Chase Bank Berhad
17.  Malayan Banking Berhad
18.  Mizuho Corporate Bank (Malaysia) Berhad
19.  National Bank of Abu Dhabi Malaysia Berhad
20.  OCBC Bank (Malaysia) Berhad
21.  Public Bank Berhad
22.  RHB Bank Berhad
23.  Sumitomo Mitsui Banking Corporation Malaysia Berhad
24.  The Bank of Nova Scotia Berhad
25.  United Overseas Bank Malaysia Berhad
26.  Asian Finance Bank Berhad
27.  Bank Muamalat Malaysia Berhad
28.  Affin Islamic Bank Berhad
29.  Al Rajhi Banking and Investment Corporation (Malaysia) Berhad
30.  AmIslamic Bank Berhad
31.  Alliance Islamic Bank Berhad
32.  Bank Islam Malaysia Berhad
33.  CIMB Islamic Bank Berhad
34.  Hong Leong Islamic Bank Berhad
35.  Maybank Islamic Berhad
36.  Kuwait Finance House (Malaysia) Berhad
37.  RHB Islamic Bank Berhad
38.  HSBC Amanah Malaysia Berhad
39.  Public Bank Islamic Berhad
40.  OCBC Al-Amin Bank Berhad
41.  Alliance Investment Bank Berhad
42.  AmInvestment Bank Berhad
43.  Maybank Investment Bank Berhad
44.  CIMB Investment Bank Berhad
45.  Affin Hwang Investment Bank Berhad
46.  KAF Investment Bank Berhad
47.  Kenanga Investment Bank Berhad
48.  RHB Investment Bank Berhad
49.  Hong Leong Investment Bank Berhad
50.  Bank Kerjasama Rakyat Malaysia
51.  Agro Bank Berhad
52.  Export-Import Bank of Malaysia Berhad
53.    Standard Chartered Bank Malaysia Berhad
54.    Standard Chartered Saadiq Berhad


Financial Institutions that attested compliance to a portion of the relevant SWIFT Mandatory Controls and will fully comply in 2018

1.    Citibank Berhad