Bank Negara Malaysia enhances flexibility for corporates with a full rollout of the Qualified Resident Investor programme
22 October 2025
On 12 June 2025, Bank Negara Malaysia (“BNM”) announced the full rollout of the Qualified Resident Investor (“QRI”) programme for eligible corporates, effective 1 July 2025.
The QRI programme provides foreign exchange policy flexibility for resident corporates that repatriate and convert foreign currency funds from overseas investments, and that may be interested in undertaking new or additional direct investment abroad in the future. Eligible resident corporates only need to complete a one-off registration with BNM to benefit from the flexibility of managing future direct investments abroad without requiring prior approval from BNM.
To enjoy this flexibility, corporates must first repatriate and convert eligible foreign currency funds into ringgit upon successful registration with BNM.
Eligible corporates include all resident corporates that:
- repatriate and convert foreign currency proceeds from overseas investments; and
- demonstrate good corporate governance and compliance with BNM’s foreign exchange policy.
The QRI programme will be available until 30 June 2028.