Woofun AI reports that Malaysia has enacted comprehensive reforms to the asset declaration system for civil servants, significantly expanding permissible investment parameters. The Malaysian Civil Service Department disclosed that officials may now hold shares in locally registered companies, subject to a ceiling of 5% of paid-in capital or a total value of 300,000 ringgit, whichever is lower. This adjustment marks a substantial increase from the previous 100,000 ringgit limit, while introducing stricter controls on cumulative shareholding concentrations.

Concurrently, the regulatory framework has been updated to explicitly encompass digital assets within mandatory disclosure requirements. Authorities emphasized that these measures aim to align civil service investment activities with evolving financial market dynamics, ensuring adherence to principles of transparency and accountability across all asset classes.