Publication: Financial Sector Assessment Program : Malaysia - Basel Core Principles for Effective Banking Supervision
Date
2013-02
ISSN
Published
2013-02
Author(s)
World Bank
International Monetary Fund
Abstract
Bank Negara Malaysia (BNM) employs a
very well developed risk-focused regulatory and supervisory
regime, consisting of a hands-on and comprehensive program
of onsite supervision and extensive off-site macro, and
micro, surveillance that is well integrated with its on-site
supervision. This assessment of the current state of
compliance with the Basel Core Principles (BCPs) in Malaysia
has been undertaken as part of a joint International
Monetary Fund (IMF)-World Bank Report on the Observance of
Standards and Codes (ROSC) mission. The assessment was
conducted from 4 April till 20 April 2012. It reflects the
banking supervision practices of the BNM as of the end of
March 2012 for the supervision of commercial banks. The
assessment is based on several sources: (i) a detailed and
comprehensive self-assessment prepared by the BNM ; (ii)
detailed interviews with the BNM staff; (iii) review of
laws, regulations, and other documentation on the
supervisory framework and on the structure and development
of the Malaysia financial sector; and (iv) meetings with
individual banks, the banking association and an external auditor.
Link to Data Set
Citation
“World Bank; International Monetary Fund. 2013. Financial Sector Assessment Program : Malaysia - Basel Core Principles for Effective Banking Supervision. © World Bank, Washington, DC. http://hdl.handle.net/10986/16023 License: CC BY 3.0 IGO.”