Letters

Central Bank of Malaysia’s Proposed Outsourcing Guidelines

Summary

SIFMA and ASIFMA responded to Bank Negara Malaysia (BNM) on the exposure draft of proposed regulatory requirements on outsourcing arrangements by financial institutions. We called for the outsourcing exposure requirements to be implemented in a way that supports cross-border trade and investment, while mitigating operational and financial stability risks.

PDF

Submitted To

Bank Negara Malaysia (BNM)

Submitted By

SIFMA and ASIFMA

Committee

International Policy Committee

Date

3

November

2017