With the constant evolution of technology, the regulatory landscape has evolved to accommodate the dynamic nature of financial technology. Regulatory bodies are actively engaging in dialogue with industry players to ensure that the sector is up to date and relevant while maintaining the integrity of the financial system.
The regulatory environment in Malaysia reflects a balance between fostering technological advancements and safeguarding the interests of both businesses and consumers in the rapidly evolving fintech ecosystem. In this article Jonathan Lim Hon Kiat, Co-Head Corporate TMT team highlights the key regulatory developments in Malaysia in 2023.
