A Guide to Foreign Exchange Management in Malaysia

This document provides a detailed overview of Malaysia’s foreign exchange management framework, outlining regulations set by Bank Negara Malaysia (BNM). It covers key aspects such as exchange rate policies, cross-border payments, and account management for residents and non-residents. Additionally, it explains capital and financial market transactions, foreign direct investment regulations, and requirements for corporate foreign exchange risk management. The guide also includes compliance obligations for enterprises and individuals, along with reporting and penalty measures for violations. The document serves as a comprehensive resource for businesses engaging in international trade and investment in Malaysia.