Dear valued clients, colleagues and friends,

We are pleased to bring you the latest legal updates for January 2022.

Corporate/M&A

Revised Rules on Take-overs, Mergers and Compulsory Acquisitions

Financial Services

Exposure drafts issued by Bank Negara Malaysia

Bank Negara Malaysia issues Code of conduct for Malaysia wholesale financial markets

Wholesale Market Conduct Practices Guidance Document

Discussion Paper on Licensing Framework for Digital Insurers and Takaful Operators

Issue of Guidelines on Conduct for Capital Market Intermediaries

Securities Commission Malaysia issues Guidelines on Corporate Governance for Capital Market Intermediaries

Direction on Dealings with Specified Person and in Restricted Currency

Tax & Revenue

Finance Act 2021

New gazetted Rules and Orders relating to income tax

New published public rulings and technical guidelines relating to income tax

New industry guides and policy relating to service tax

New guideline and FAQ relating to indirect tax