Topic

#fintech

2 stories tagged

E-wallet Firms Must Compensate Scam Victims Within a Week, Anwar Rules

Prime Minister Anwar Ibrahim has mandated that e-wallet companies must fully compensate scam victims within seven working days if they fail to implement mandatory fraud prevention measures set by Bank Negara Malaysia.

By Rajesh Kumar · 1 Jul 2026 · 4 min read

Bank of England Calls for Tougher Rules to Manage Autonomous AI Risks in Finance

The Bank of England's deputy governor for financial stability says existing regulatory frameworks are insufficient for managing autonomous AI agents in the financial sector, warning that new governance structures may be necessary.

By Aisyah Razak · 1 Jul 2026 · 4 min read