Alternative hedging frameworks are available to address differing needs and circumstances of investors. Non-residents with ringgit underlying exposure are free to transact in ringgit FX spot and forward transactions with onshore banks or AOOs. Non-residents may register under any of the following frameworks for greater flexibility.

Dynamic Hedging Programme

The flexibility to actively manage FX risk exposure via forward hedging activities with onshore banks and AOOs without the need to show any documentation.

Registration by investors may be submitted directly to BNM at [email protected] or via onshore banks or AOOs.

Trust banks or global custodian banks may submit on behalf of investors to BNM.

Passive Hedging

Trust / custodian banks may transact on behalf of clients via onshore banks (no registration) or AOOs (require registration).

Registration by trust/custodian banks may be submitted directly to BNM at [email protected] or via AOOs.

* Investors may apply to buy MYR forward above the 25% limit, subject to review on a case-by-case basis