Malaysia : Publication of Financial Sector Assessment Program Documentation—Detailed Assessment of Observance of Core Principles for Effective Deposit Insurance Systems

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

March 8, 2013

Electronic Access:

Free Full text (PDF file size is 628 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper evaluates and addresses Malaysia’s compliance with the Core Principles for Effective Deposit Insurance Systems (Core Principles), and reviews relevant laws, regulations and regulatory and supervisory practices related to conventional banking sector, and the operations of Perbadanan Insurans Deposit Malaysia (PIDM). Though several weaknesses in the legal framework have been noted in this assessment, there has been no experience with bank failures in Malaysia since PIDM’s establishment in 2005. The paper also covers Islamic deposits, which manage a separate Islamic Deposit Insurance Fund (IDIF).

Series:

Country Report No. 13/60

Subject:

English

Publication Date:

March 8, 2013

ISBN/ISSN:

9781475585353/1934-7685

Stock No:

1MYSEA2013008

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

75

Please address any questions about this title to publications@imf.org