Tag: BNM
Bank Negara issues exposure draft on licensing and regulatory framework for...
Bank Negara Malaysia has released an exposure draft outlining licensing and regulatory guidelines for Digital Insurers and Takaful Operators (DITOs). The proposed framework aims to facilitate market entry, promote competition, and provide value-driven insurance solutions while ensuring sustainable business practices and policyholder benefits.
BNM’s international reserves rise to US$111bil as at June 15
Bank Negara Malaysia's international reserves rose to US$111 billion as of June 15, with foreign exchange reserves at US$99.6 billion, providing robust financial coverage for imports and short-term foreign debt.
