WSG Article: Legal Updates December 2022 - Shearn Delamore & Co.

Legal Updates December 2022

December, 2022 - Christina Kow, Suganthi Singam, Pamela Kung, Shearn Delamore & Co.

Financial Services

Principles-based sustainable and responsible investment (“SRI”) taxonomy for Malaysian capital market

9th Meeting of Joint Committee on Climate Change (“JC3”) Meeting

Revision to Guidelines on the Registration of Venture Capital and Private Equity Corporations and Management Corporations

Bank Negara Malaysia issues exposure draft on Capital Adequacy Framework (Basel III — Risk Weighted Assets) — Operational Risk

Bank Negara Malaysia issues policy document on climate risk management and scenario analysis

Bank Negara Malaysia has issues policy document on financial reporting for development financial institutions

Relaxation of Regulatory and Operational Requirements for Labuan International Trading Companies, Labuan Digital Banks and Labuan Protected Cell Companies

Labuan Financial Services Authority issues Guidelines on Technology Management

Amendment to the Guidelines on Unlisted Capital Market Products under the Lodge and Launch Framework

Immigration

Overstaying in Malaysia: A Strict Liability Immigration Offence

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