Malaysia : Publication of Financial Sector Assessment Program Documentation—Detailed Assessment of Basel Core Principles for Effective Banking Supervision

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

March 8, 2013

Electronic Access:

Free Full text (PDF file size is 929 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The Bank Negara Malaysia (BNM) employs a well-developed risk-focused regulatory and supervisory regime. Despite this, a clear gap exists in the application of the supervision and regulation regime to financial holding companies. BNM is to be commended for its thoughtful and comprehensive self-assessment and efforts to help draft legislative changes and to make administrative changes to address the areas of improvement revealed by the self-assessment. Improvements should be made in the transparency of elements of BNM’s supervisory expectations, its domestic coordination and information-sharing arrangements, and legal protection for staff.

Series:

Country Report No. 13/56

Subject:

English

Publication Date:

March 8, 2013

ISBN/ISSN:

9781475514773/1934-7685

Stock No:

1MYSEA2013004

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

120

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