Malaysia : Report on the Observance of Standards and Codes

Publication Date: February 28, 2013
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Summary: This report is an assessment of the state of compliance with the Basel Core Principles (BCPs) in Malaysia. Bank Negara Malaysia (BNM) employs a well-developed risk-focused regulatory and supervisory system, consisting of a hands-on and comprehensive program of onsite supervision and extensive offsite macroeconomic and microeconomic surveillance supervision. The assessment has revealed several opportunities for improvement of the regulatory and supervisory framework. The Executive Board recommends the new financial services legislation, the Financial Services Act (FSA), to address many of these gaps.
Series: Country Report No. 13/53
Subject(s): Financial Sector Assessment Program | Banking sector | Islamic banking | Basel Core Principles | Bank supervision | Deposit insurance | Insurance supervision | Securities markets | Securities regulations | Payment systems | Reports on the Observance of Standards and Codes | Malaysia

Publication Date: February 28, 2013
ISBN/ISSN: 9781557753892/1934-7685 Format: Paper
Stock No: 1MYSEA2013003 Pages: 77
US$18.00 (Academic Rate:
US$18.00 )
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