Malaysia: Publication of Financial Sector Assessment Program Documentation—Detailed Assessment of Basel Core Principles for Effective Banking Supervision
Electronic Access:
Free Download. 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. 2013/056
Subject:
Banking Capital adequacy requirements Credit risk External audit Financial regulation and supervision Market risk Operational risk Public financial management (PFM) Stress testing
English
Publication Date:
March 8, 2013
ISBN/ISSN:
9781475514773/1934-7685
Stock No:
1MYSEA2013004
Pages:
120
Please address any questions about this title to publications@imf.org