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Bank Negara Malaysia Sandbox: Is it for you?

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Bank Negara Malaysia (“BNM”) in October 2016 issued the FinTech Regulatory Sandbox Framework (“FRSF”) in response to the rapid development in financial technology innovations. This has sparked interest among stakeholders, particularly standalone Fintech companies, existing licensed financial institutions, consumers as well as technology providers to be involved in this key and exciting development. As a …

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Digital Transformation is the way to survive

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We applaud initiatives and programs introduced by the Government’s Penjana SME Financing Scheme in ensuring that the most vulnerable amongst the Rakyat are being taken care of to ease their difficulties during this troubling period. FAOM represents the Financial Technology (Fintech) companies in Malaysia and many of us are innovative start-ups and SMEs that focus …

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