Malaysia Bank Negara Fintech Licensing Requirements 2026

Key Insights

• Bank Negara Malaysia has established a two-year application period from January 2, 2025 to December 31, 2026 for fintech licensing, during which successful applicants meeting regulatory requirements will receive licenses.
• Payment Services Regulatees in Malaysia must invest in required expertise and risk controls to meet Technology Requirements for Payment Services Regulatees, which BNM released to enhance cybersecurity and resilience standards.
• Malaysia's Financial Sector Blueprint 2022-2026 sets out specific licence or charter requirements that define permissible activities for regulated institutions, establishing the foundational regulatory framework for fintech operations during this period.
• BNM's regulatory framework imposes technology risk rules on fintech entities as part of broader non-financial regulation covering the current landscape and regulatory environment for payment services providers.

Source

[Technology Requirements for Payment Services Regulatees](https://www.bnm.gov.my/documents/20124/943361/pd-trpsr-mar2026.pdf) *Market: MY*