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Malaysian Banking Law, Malaysia Financial Services Law, Islamic Finance Law, Securities Law, Capital Markets
Wednesday, 22 May 2013, 01:43 MST
 
   
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Bursa Malaysia introduces Green Lane Policy for Equities Brokers
 
Bursa Malaysia has introduced a Green Lane Policy where eligible equities brokers can commence their activities with only a notification process to Bursa Malaysia Securities. The new policy will take effect from 2 May 2013. The policy will shorten the time to market for equities brokers to commence their new activities which includes the opening of new branches or Electronic Access facilities, the provision of margin financing and the commencement of proprietary trading. This is part of the init
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Court of Appeal: Malayan Banking Berhad v Yatin Bin Mahmood
Banking law – Breach of duty of care by a bank – Negligence – Whether the bank guilty of negligence when it allowed the first defendant to make withdrawals from the respondent’s account in the circumstances of  ...
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BNM Response to Feedback received on Single Counterparty Exposure Limit
Bank Negara Malaysia's response to feedback received on the policy on Single Counterparty Exposure Limit for commercial, investment and Islamic banks.
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BNM Response to Feedback on Concept Paper on Recordkeeping and Reporting Requirements for OTC Derivatives
Bank Negara Malaysia has issued its response to the feedback it received on its concept paper on Recordkeeping and Reporting Requirements for Over-the-Counter (OTC) Derivatives.
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BNM inks MoU with Brunei Counterpart to develop Financial Services Sector
KUALA LUMPUR, April 3 (Bernama) -- Bank Negara Malaysia (BNM) and Autoriti Monetari Brunei Darussalam (AMBD) have entered into a memorandum of understanding (MoU) to establish a collaborative framework towards enhancing mutual cooperation in the...
Bank Negara and Myanmar-s Central Bank collaborate on Economic Growth
KUALA LUMPUR, April 3 (Bernama) -- Bank Negara Malaysia (BNM) and the Central Bank of Myanmar have signed a Memorandum of Understanding (MoU) towards establishing a collaborative framework on promoting greater regional economic and financial integration.
Malaysia, Singapore and Thai Regulators implement Standards for Multi-Jurisdiction Offerings
PETALING JAYA: The securities regulators in Malaysia, Singapore and Thailand have jointly implemented the Asean Disclosure Standards Scheme for multi-jurisdiction offerings of equity and plain debt securities in the region.
Bursa facilitates Listing of Business Trusts on Main Market
KUALA LUMPUR, March 25 (Bernama) -- Bursa Malaysia Monday issued its amended rules to enable the listing of business trusts on its Main Market, in line with objective to promote market and product innovation. Business trusts are business enterpr...
Malaysia likely to liberalise Services Sub-sectors early next year
KUALA LUMPUR: The Government is working on further liberalising the services sector sub-sectors and this is expected to be implemented early next year, said Minister of International Trade and Industry Datuk Seri Mustapa Mohamed.
Liberalisation Measures to enhance Competitiveness of the Economy
As part of continuous efforts to enhance competitiveness of the economy and to further develop the domestic financial market, Bank Negara Malaysia has announced several liberalisation measures.
Bank Negara is liberalising Foreign Exchange Rules to enhance Competitiveness
KUALA LUMPUR: Bank Negara is liberalising the foreign exchange administration rules to enhance the economy's competitiveness and further develop the domestic financial market.
 
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Events in May 2013
Events in June 2013
Events in July 2013
Events in August 2013
Events in September 2013
 
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Islamic Financial Services Act 2013
Act 759; 22 March 2013
Financial Services Act 2013
Act 758 of 2013; 22 March 2013
Labuan Financial Services and Securities Regulations (Amendment) 2013
P.U. (A) 77 of 2013; 4 March 2013
Labuan Trusts (Amendment) Regulations 2013
P.U. (A) 79 of 2013; 4 March 2013
Labuan Islamic Financial Services and Securities (Amendment) Regulations 2013
P.U. (A) 80 of 2013; 4 March 2013
Date of Coming into Operation of the Central Bank of Malaysia (Amendment) Act 2013
P.U. (B) 44 of 2013; 7 February 2013
Securities Industry (Central Depositories) (Exemption) Order 2013
P.U. (A) 24 of 2013; 31 January 2013
Securities Industry (Central Depositories) (Retail Debentures and Retail Sukuk) Regulations 2013
P.U. (A) 23 of 2013; 31 January 2013
Central Bank of Malaysia (Amendment) Act 2013
A Act 1448; 22 January 2013
Capital Markets and Services (Capital Market Compensation Fund) (Contribution) Regulations 2012
P.U. (A) 482 of 2012; 28 December 2012
 
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More cases deemed Not Fair But Reasonable
PETALING JAYA: Since the Securities Commission (SC) revamped its guidelines for independent advice, “not fair but reasonable” has emerged as the most oft-used recommendation dished out by independent advisers, a study by StarBiz revealed.
New Financial Services Act will give Regulators more Power for Governance
The new Financial Services Act (FSA) that will come into effect soon is a step in the right direction to strengthen the country's financial sector. It gives financial regulators stronger and tougher powers aimed at creating better governance and...
Guarantees and Performance Bonds - Second Edition
LexisNexis Singapore; Dr Poh Chu Chai
Banking Law - Fourth Edition
LexisNexis Malaysia; Lee Mei Pheng, Detta Samen and Ivan Jeron Detta
The Independent Adviser Challenge
A Question of Business by P Gunasegaram
 
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Federal Court: Ambank (M) Berhad v KT Steel Sdn Bhd and 3 Others
Financial services - Bills of sale - Money lending - Lease agreement - Whether a lease agreement for business equipment declared to be a money lending transaction/loan agreement is a bill of sale under section 3 of the Bills of Sale Act - Whethe...
Court of Appeal: Kopeks Holdings Sdn Bhd v Bank Islam Malaysia Berhad
Banking law - Losses suffered as a result of the alleged wrongful withdrawal of banking facilities in breach of a purported agreement - Whether there exists a legally binding agreement
Federal Court: Ambank (M) Berhad v Luqman Kamil Bin Mohammed Don
Banking law – Letter of credit – Contingent liability – Whether contingent liability was established when the applicant bank issued letter of credit to the supplier - Whether the trust receipt would settle liability under the letter of credit
Court of Appeal: Tahan Steel Corporation Sdn Bhd v Bank Islam Malaysia Berhad
Banking law - Validity of termination of facility agreement - Damages - Quantum of damages
Industrial Court: Mustafa Kamal Ariffin v Maybank Finance Bhd
Employment law - Dismissal of bank officer - Misconduct - Alleged breach of duty in recommending and disbursing financing facility - Whether employee guilty of misconduct - Whether dismissal fair and reasonable
Court of Appeal: Euroma Rubber Ind Sdn Bhd v United Verseas Bank (M) Bhd
Banking law - Non-payment under the terms of the the Transferable Letter of Credit - Uniform Customs and Practices of Documentary Credit 500 - Principle of strict compliance in letters of credit
High Court: Zalwadi Farms (M) Sdn Bhd v Prudent Gateway Sdn Bhd and 2 Others
Banking - Performance bond - Bank guarantee - Moneylenders Act
 
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Guidelines on Prospectus
These guidelines sets out - (a) the minimum contents of a prospectus; (b) the registration process of a prospectus; and (c) other related matters relating to prospectus.
Guidelines on Sales Practices of Unlisted Capital Market Products
These Guidelines are issued pursuant to section 377 of the Capital Markets and Services Act 2007 (CMSA). These Guidelines apply to all unlisted capital market products, except the following: (a) shares; (b) debentures other than asset-backed sec...
BNM releases Policies on Risk Governance
Bank Negara Malaysia has finalised for issuance the policy document on Risk Governance for commercial, investment, and Islamic banking institutions as well as insurers, takaful operators and development financial institutions. The policy documen...
Bursa issues revamped Business Rules for Securities Brokers
Bursa Malaysia Securities Bhd has issued the revamped Rules of Bursa Malaysia Securities Bhd (Revamped Rules) to strike a balance between being facilitative of business and market development and, ensuring the effectiveness for market regulation...
Policies on Single Counterparty Exposure Limit
The Bank Negara Malaysia has issued the policy on Single Counterparty Exposure Limit for commercial, investment and Islamic banks taking into account comments from industry focus group discussion, as well as written feedback received during the ...
Bursa Malaysia reprimands Can-One and its seven directors for breaching Listing Requirements
Bursa Malaysia Securities Berhad (Bursa Malaysia Securities) has publicly reprimanded Can-One Berhad (CANONE) and its seven directors for breaching the Bursa Malaysia Securities Main Market Listing Requirements (Main LR).
BNM issues Guidelines on Ibra' (Rebate) for Sale-Based Financing
Bank Negara Malaysia has issued Guidelines on Ibra' (Rebate) for Sale-Based Financing. The same Guideline applies to Banking, Insurance & Takaful and Development Financial Institutions.
 
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MKMS launches New Look MLTIC Web Cluster
15 July 2011: Muttath KM Services (MKMS) has re-launched Malaysian Legal and Tax Information Centre (MLTIC), a Free Access to Law cluster of portals on Malaysian law and tax, with several enhanced features and a new look. The new web cluster, wh...
 
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    The law of Malaysia is mainly based on the common law legal system, a direct result of the British colonisation of Malaya, Sarawak, and North Borneo by Britain.
    The Federal Constitution is the supreme law of Malaysia. It establishes a constitutional monarchy with the Yang di-Pertuan Agong as the Head of State. It provides for the establishment of three main branches of the government: the bicameral legislative branch called the Parliament, which consists of the House of Representatives (Dewan Rakyat) and the Senate (Dewan Negara); the executive branch led by the Prime Minister and Cabinet Ministers; and the judiciary headed by the Federal Court.
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    MLTIC is planning to develop a wide range of products and services for Malaysian legal and tax industries. MLTIC believes that forging long-term partnerships with the right people is the way forward, and is looking for enterprising individuals or organizations to partner with.
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    Banking Law aims to build, operate, promote and sustain an online law portal that provides free, fast and easy access to Malaysian banking law and financial services law information.

    Banking Law, the first-of-its-kind web portal in the Region, is accessible at www.mybankinglaw.info.
    Banking Law is a micro-site of MLTIC, the most popular web portal on Malaysian law and tax. MLTIC (read as M-L-Tick) or Malaysian Legal and Tax Information Centre is a cluster of web portals on Malaysian law and tax. MLTIC consists of a main portal and 9 micro-sites accessible at or via www.malaysianlaw.my. MLTIC is an initiative inspired by Free Access to Law movement.
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