Malaysia Publication of Financial Sector Assessment Program Documentation—Detailed Assessment of Basel Core Principles for Effective Banking Supervision
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-assess...
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Format: | eBook |
Language: | English |
Published: |
Washington, D.C.
International Monetary Fund
2013
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Series: | IMF Staff Country Reports
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Subjects: | |
Online Access: | |
Collection: | International Monetary Fund - Collection details see MPG.ReNa |
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 |
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Physical Description: | 120 pages |
ISBN: | 9781475514773 |