Overview of fintech laws and regulations in Malaysia

Earlier today I gave a short 60 mins online webinar on the various fintech laws and regulations in Malaysia that aspiring fintech entrepreneurs should know.

In the online webinar, I provided a high-level summary:

  • on the different roles and duties that regulators namely the Securities Commission of Malaysia, Central Bank of Malaysia and Labuan Financial Services Authority play in promoting and continually adjusting to the emergence of new FinTech solutions
  • on the different laws and guidelines affecting FinTech startups, including legal, regulatory, and policy issues associated with cryptocurrencies, crowdfunding, initial coin offerings, online lending, new payments system, and wealth management technologies and insurance aggregators
  • overview and familiarity with the legal and regulatory aspects of the FinTech startups in various sectors and how to address them
  • to help you identify the relevant regulator you need to go to if you wish to seek the necessary approval if you are a regulated FinTech startup.

You can watch the recorded webinar on Izwan & Partners‘ Facebook page (click here)

If you want a copy of the deck, click here for a PDF copy (note that the law is as of 15 February 2021)

Thank you again to Fintech Booster programme hosted by Malaysia Digital Economy Corporation (MDEC) and Bank Negara Malaysia (BNM) for having me as a guest speaker and a legal partner to help more fintech companies to consider setting up a fintech business here in Malaysia.

If you are a fintech company seeking to set up a company in Malaysia, please take a look at Fintech Booster’s offering that can help and facilitate your discussion with the relevant regulators especially the Central Bank of Malaysia’s representatives.

If you have a specific question that you may have that may not be covered in the discussion please feel free to drop a note in the contact form on this website or drop me a note at [email protected]

I am hoping to make the session a more regular monthly sharing session so that I can add more value to the startup ecosystem. As always, happy to hear your thoughts.