On 11 June 2021, Bank Negara Malaysia issued the Exposure Draft of the Policy Document on Electronic Money (e-Money) (“Exposure Draft”) to seek written feedback on the proposals in the Exposure Draft.
 
The Exposure Draft is significantly more comprehensive than the Guideline on Electronic Money (E-money) which it will replace. The deadline for providing comments to Bank Negara Malaysia on the Exposure Draft is 31 July 2021.
 
To read our summary of some of the salient features of the Exposure Draft, please click here.
 
If you have any enquiries on the Draft Guidelines, please contact Ms Lee Ai Hsian (Partner) of our Fintech Practice Group