Bank Negara Malaysia regularly conducts investigations on companies and individuals that contravene the laws and regulations that it administers. BNM has the authority to take formal enforcement actions -- which includes criminal, civil, and administrative actions, and ranges from the issuance of warning letters, joint raids with other authorities, to taking legal action in the courts -- against any entity that fails to comply with regulatory standards and other requirements issued, pursuant to the laws that it administers.
Enforcement actions imposed by BNM, in addition to warnings, have an important role in providing credible deterrence against non-compliance, as well as ensuring public confidence in the integrity of the financial system.
Regulatees are institutions licensed and approved by BNM to carry out scheduled activities
Non-regulatees include unlicensed companies and individuals carrying out activities regulated by BNM
Enforcement & Penalty Framework
Guiding principles for BNM actions in enforcing its laws and regulations
Enforcement Actions on Non-Regulatees
