{
  "title": "Malaysia: Publication of Financial Sector Assessment Program Documentation—Detailed Assessment of Basel Core Principles for Effective Banking Supervision",
  "publication": "IMF Staff Country Reports, March 8, 2013",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/malaysia-publication-of-financial-sector-assessment-program-documentation-detailed-40373",
  "canonical": "https://www.imf.org/en/publications/cr/issues/2016/12/31/malaysia-publication-of-financial-sector-assessment-program-documentation-detailed-40373",
  "overlayPath": "/en/publications/cr/issues/2016/12/31/malaysia-publication-of-financial-sector-assessment-program-documentation-detailed-40373/index.md",
  "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.",
  "sections": [
    {
      "heading": "Summary",
      "content": "- The Bank Negara Malaysia (BNM) employs a well-developed risk-focused regulatory and supervisory regime.\n- Despite this, a clear gap exists in the application of the supervision and regulation regime to financial holding companies.\n- 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.\n- 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."
    },
    {
      "heading": "Major findings and thematic issues",
      "content": "- Regulatory and supervisory regime:\n  - BNM employs a well-developed risk-focused regulatory and supervisory regime.\n  - A clear gap exists in the application of the supervision and regulation regime to financial holding companies.\n- Self-assessment and follow-up:\n  - BNM conducted a thoughtful and comprehensive self-assessment.\n  - BNM made efforts to help draft legislative changes and to make administrative changes to address identified areas of improvement.\n- Areas for improvement:\n  - Transparency of elements of BNM’s supervisory expectations.\n  - Domestic coordination and information-sharing arrangements.\n  - Legal protection for staff."
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subject: Banking, Capital adequacy requirements, Credit risk, External audit, Financial regulation and supervision, Market risk, Operational risk, Public financial management (PFM), Stress testing\n- Keywords: banking group, banking institution, BNM guideline, BNM supervisor, Capital adequacy requirements, country risk, CR, credit risk, External audit, Global, ISCR, Market risk, Operational risk, risk management, risk specialist, senior management\n\n---\n\n Content in this bundle\n\n- Cr1356\n  - Cr1356 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Cr1356 (PDF){rel=\"external\" type=\"application/pdf\"}"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/cr/issues/2016/12/31/malaysia-publication-of-financial-sector-assessment-program-documentation-detailed-40373/index.md)",
    "[Structured JSON version](/en/publications/cr/issues/2016/12/31/malaysia-publication-of-financial-sector-assessment-program-documentation-detailed-40373/index.json)",
    "[Bundle manifest](/en/publications/cr/issues/2016/12/31/malaysia-publication-of-financial-sector-assessment-program-documentation-detailed-40373/bundle-manifest.json)",
    "Published: March 8, 2013",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781475514773.002",
    "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.",
    "Regulatory and supervisory regime:",
    "Self-assessment and follow-up:",
    "Areas for improvement:",
    "Subject: Banking, Capital adequacy requirements, Credit risk, External audit, Financial regulation and supervision, Market risk, Operational risk, Public financial management (PFM), Stress testing",
    "Keywords: banking group, banking institution, BNM guideline, BNM supervisor, Capital adequacy requirements, country risk, CR, credit risk, External audit, Global, ISCR, Market risk, Operational risk, risk management, risk specialist, senior management",
    "**Cr1356**"
  ],
  "related": [
    {
      "title": "Cr1356",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2013/_cr1356.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2013/_cr1356.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2013/_cr1356.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/publications/cr/issues/2016/12/31/malaysia-publication-of-financial-sector-assessment-program-documentation-detailed-40373/index.md",
    "json": "/en/publications/cr/issues/2016/12/31/malaysia-publication-of-financial-sector-assessment-program-documentation-detailed-40373/index.json",
    "bundleManifest": "/en/publications/cr/issues/2016/12/31/malaysia-publication-of-financial-sector-assessment-program-documentation-detailed-40373/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-13T07:09:23.024Z"
}