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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Bibliographic Details
Corporate Author: International Monetary Fund. Monetary and Capital Markets Department
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2013.
Series:IMF Staff Country Reports; Country Report ; No. 2013/056
Online Access:Full text available on IMF
Description
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.
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Physical Description:1 online resource (120 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students