News Snapshot:
Malaysia launched its latest financial sector blueprint for 2022-2026 earlier this morning at MyFintechWeek 2022 . Held virtually, the event themed “Advancing Digitalisation for Recovery, Sustainability, and Inclusion” was hosted by Malaysia’s central bank, Bank Negara Malaysia. Implications of the blueprint are wide as it would be affecting both the financial and non-financial sectors, especially enterprises and businesses doing business in or with the country. BNM identified four megatrends shaping the economic landscape: The blueprint identified three broad themes influencing desired outcomes and targets for 2026 — finance for all, finance for transformation, and finance for sustainability. Importantly, it proposes...
