malaysia - Banking & Finance - Legislation

Moneylenders (Compounding of Offences) (Amendment) Regulations 2018

These Regulations come into operation on 1 October 2018.
Date: 28 September 2018; Type: Federal Subsidiary Legislation; Citation: P.U. (A) 240 of 2018; Source: AGC Federal Gazette

List of Licensees under the Money Services Business Act 2011

The licensees' list as on 16 March 2018.
Date: 27 April 2018; Type: Federal Subsidiary Legislation; Citation: P.U. (B) 219 of 2018; Source: AGC Federal Gazette

Capital Markets and Services (Fees) (Amendment) Regulations 2018

These Regulations come into operation on 5 April 2018.
Date: 04 April 2018; Type: Federal Subsidiary Legislation; Citation: P.U. (A) 87 of 2018; Source: AGC Federal Gazette

Capital Markets and Services (Prescription for Excluded Offers and Invitations and Excluded Issues for Seasoned Bonds) Order 2018

This Order comes into operation on 5 April 2018.
Date: 04 April 2018; Type: Federal Subsidiary Legislation; Citation: P.U. (A) 88 of 2018; Source: AGC Federal Gazette

Capital Markets and Services (Amendment of Schedules 6 and 7) Order 2018

This Order comes into operation on 5 April 2018.
Date: 04 April 2018; Type: Federal Subsidiary Legislation; Citation: P.U. (A) 89 of 2018; Source: AGC Federal Gazette

List of Labuan Banks and Labuan Investment Banks

This is to notify the list of Labuan banks and Labuan investment banks whose licences are valid as at 31 December 2017.
Date: 29 March 2018; Type: Federal Subsidiary Legislation; Citation: P.U. (B) 150 of 2018; Source: AGC Federal Gazette

List of Takaful Licensees

This is to notify the list of takaful licensees whose licences are valid as at 31 December 2017.
Date: 29 March 2018; Type: Federal Subsidiary Legislation; Citation: P.U. (B) 153 of 2018; Source: AGC Federal Gazette

List of Labuan Islamic Banks

This is to notify the list of Labuan Islamic banks whose licences are valid as at 31 December 2017.
Date: 29 March 2018; Type: Federal Subsidiary Legislation; Citation: P.U. (B) 152 of 2018; Source: AGC Federal Gazette

Pawnbrokers (Compounding of Offences) Regulations 2018

These Regulations come into operation on 1 March 2018.
Date: 26 February 2018; Type: Federal Subsidiary Legislation; Citation: P.U. (A) 58 of 2018; Source: AGC Federal Gazette

Financial Services (Exemption) Order 2018

This is to notify that the Development Bank of Sarawak Berhad is exempted from the application of subsections 137(1) and 138(1) of the Financial Sevices Act 2013 subject to the compliance of the specified conditions.
Date: 23 February 2018; Type: Federal Subsidiary Legislation; Citation: P.U. (A) 54 of 2018; Source: AGC Federal Gazette

Labuan Financial Services and Securities (Amendment) Regulations 2018

These Regulations come into operation on 1 July 2018.
Date: 20 February 2018; Type: Federal Subsidiary Legislation; Citation: P.U. (A) 47 of 2018; Source: AGC Federal Gazette

Capital Markets and Services (Amendment of Schedule 5) Order 2018

This Order comes into operation on 1 April 2018.
Date: 06 February 2018; Type: Federal Subsidiary Legislation; Citation: P.U. (A) 22 of 2018; Source: AGC Federal Gazette

Interest Schemes (Amendment of Second Schedule) Order 2018

This Order comes into operation on 31 January 2018.
Date: 30 January 2018; Type: Federal Subsidiary Legislation; Citation: P.U. (A) 14 of 2018; Source: AGC Federal Gazette

Appointment of Date of Coming into Operation of the Finance Act (No. 2) 2017

Under the Finance Act (No. 2) 2017, the Minister appoints 1 January 2018 for Sections 20, 21, 23 and 1 October 2018 for Section 22 as the dates on which these Sections of the Act come into operation.
Date: 29 December 2017; Type: Federal Subsidiary Legislation; Citation: P.U. (B) 610 of 2017; Source: AGC Federal Gazette

Supply Act 2018

An Act to apply a sum from the Consolidated Fund for the service of the year 2018 and to appropriate that sum for the service of that year.
Date: 29 December 2017; Type: Federal Amendment Act; Citation: Act A1557 of 2017; Source: AGC Federal Gazette

Finance (No. 2) Act 2017

An Act to amend the Income Tax Act 1967, the Real Property Gains Tax Act 1976, the Goods and Services Tax Act 2014 and the Finance Act 2013.
Date: 29 December 2017; Type: Federal Act; Citation: Act 801 of 2017; Source: AGC Federal Gazette

Amendment to the List of Licensees pursuant to the Money Services Business Act 2011

The Bank publishes an amended List of Licensees in pursuant to subsection 20(2) of the Money Services Business Act 2011.
Date: 18 December 2017; Type: Federal Subsidiary Legislation; Citation: P.U. (B) 584 of 2017; Source: AGC Federal Gazette

Capital Markets and Services (Prescription of Securities and Islamic Securities) (Investment Note and Islamic Investment Note) (Amendment) Order 2017

This Order comes into operation on 22 December 2017.
Date: 18 December 2017; Type: Federal Subsidiary Legislation; Citation: P.U. (A) 390 of 2017; Source: AGC Federal Gazette

Securities Commission Malaysia (Amendment of Schedule 2) Order 2017

This Order comes into operation on 24 November 2017.
Date: 23 November 2017; Type: Federal Subsidiary Legislation; Citation: P.U. (A) 357 of 2017; Source: AGC Federal Gazette

Date of Coming into Operation of the Securities Commission Malaysia (Amendment) Act 2017

The Minister appoints 24 November 2017 as the date on which the Act comes into operation.
Date: 23 November 2017; Type: Federal Subsidiary Legislation; Citation: P.U. (B) 547 of 2017; Source: AGC Federal Gazette

INDUSTRY UPDATES

PM tables Mid-Term Review of 11th Malaysia Plan in Dewan Rakyat

KUALA LUMPUR, Oct 18 (Bernama) - Prime Minister Tun Dr Mahathir Mohamad today tabled the Mid-Term Review of the 11th Malaysia Plan (11MP - 2016-2020) in the Dewan Rakyat.

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INDUSTRY UPDATES

Deterrent Punishment must be imposed if Death Sentence to be abolished - AADK

BANGI, Oct 15 (Bernama) - The National Anti-Drug Agency (AADK) urged the government to decide on appropriate punishment for drug offences, if the mandatory death sentence to be abolished, says its director-general Datuk Seri Zulkifli Abdullah.

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Parliament building declared Smoke-Free Zone

PUTRAJAYA Oct 15 - Smoking-designated corners inside the Parliament building have been declared as smoke-free zones, effective today, said Health Minister Datuk Seri Dr Dzulkefly Ahmad.

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INDUSTRY UPDATES

Launch of Professional Mobility Framework, Social and Sustainability Bond Standards

The ASEAN Capital Markets Forum (ACMF) met in Singapore and launched two key initiatives to drive a more connected and sustainable ASEAN capital market. These initiatives complement the measures introduced by the ACMF on collective investment schemes, corporate governance, disclosure standards and capacity building.

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INDUSTRY UPDATES

Total Abolition of the Death Penalty - The Right Time to Do the Right Thing, says Bar

The Malaysian Bar has wholeheartedly welcomed the decision of the Malaysian Cabinet to totally abolish the death penalty in Malaysia. "We commend the Minister in the Prime Minister’s Department (Law), Datuk Liew Vui Keong, for making the announcement on 10 October 2018, which coincided with the 16th World Day Against the Death Penalty. We look forward to seeing the legislation being tabled and passed by both houses of Parliament in the Parliamentary session that begins on 15 October", said the President of the Malaysian Bar, Mr. George Varughese.

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INDUSTRY UPDATES

SC advocates Sustainable Investing at InvestSmart Fest 2018

InvestSmart® Fest 2018, an investor education initiative by the Securities Commission Malaysia (SC), was officiated by Yang Berhormat Syed Saddiq Syed Abdul Rahman, Minister of Youth and Sports Malaysia at the Kuala Lumpur Convention Centre today.

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INDUSTRY UPDATES

Regulation on Black Shoes for Students to be fully enforced in 2021

PUTRAJAYA, Oct 13 (Bernama) - The requirement for students in government and government-aided schools to wear only black shoes to school will only be fully enforced in 2021, said the Education Ministry (MOE).

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INDUSTRY UPDATES

Sarawak Trade Office in Singapore to start operating on January 1

KUCHING, Oct 12 (Bernama) - Sarawak will set up three regional trade offices, including in Singapore, next year as a liaison between the state's exporters and the international business community.

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Rule of Law important for Nation's Recovery Process - Mahathir

PUTRAJAYA, Oct 10 (Bernama) - All the people in the country, even the administrators and the Rulers, have to abide by the laws because this is important in the ongoing process of rehabilitating the country, Tun Dr Mahathir Mohamad said today.

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INDUSTRY UPDATES

Immediate Moratorium on Use of the Sedition Act 1948 is Crucial, Pending Its Repeal

The Malaysian Bar have claimed that it is heartened by the statement reportedly made by the Minister of Communications and Multimedia, Gobind Singh Deo, that the repeal of the Sedition Act 1948 (“Sedition Act”) “should take place at the next sitting of Parliament”.

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INDUSTRY UPDATES

MITI to improve Investment Incentives

KUALA LUMPUR, Oct 9 (Bernama) - The Ministry of International Trade and Industry (MITI) is looking to improve investment incentives that would give win-win results for both the investors and nation, says Minister Datuk Darell Leiking.

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INDUSTRY UPDATES

Effective Policy Making needs Global Perspective - BNM governor

KUALA LUMPUR, Oct 9 (Bernama) - Monetary and fiscal policies should have global perspectives as any fallout often spread across the borders, says Bank Negara Malaysia's (BNM) Governor Datuk Nor Shamsiah Mohd Yunus.

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Death Penalty and Whipping are never the Solution to combat Corruption or any other Crimes

"The Malaysian Bar had unequivocally opposed the recent proposal, mooted by the Malaysian Anti-Corruption Commission (“MACC”) and various other parties, to introduce the death penalty and caning as punishments for corruption", says its president George Varughese.

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INDUSTRY UPDATES

Ministry, SME Bank join hands to develop Women Entrepreneurship

KUALA LUMPUR, Oct 8 (Bernama) - The Ministry of Women, Family and Community Development and its agencies will be working together with the Small Medium Enterprise Development Bank (SME Bank) to help boost women’s participation in business.

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INDUSTRY UPDATES

Chief Judge of Sabah and Sarawak heads List of 1,158 Sabah Award Recipients

KOTA KINABALU, Oct 5 (Bernama) - The Chief Judge of Sabah and Sarawak Datuk David Wong Dak Wah heads a list of 1,158 recipients of awards and medals in conjunction with the 65th birthday of the Yang Dipertua Negeri of Sabah, Tun Juhar Mahiruddin, tomorrow.

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