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Bank Negara reviews AML/CFT policies

KUALA LUMPUR, Nov 5 -- Bank Negara Malaysia (BNM) is in the midst of reviewing its Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) policies to make the regulatory framework more risk and principles-based, said Governor, Datuk Nor Shamsiah Mohd Yunus.


IFSB to start giving data on takaful, Islamic capital market next year

KUALA LUMPUR, Nov 5 -- The Islamic Financial Services Board (IFSB), which currently disseminates quarterly data on its member jurisdictions’ Islamic banking systems, targets to provide data for the Islamic insurance (takaful) and Islamic capital market sectors from the start of next year.


BNM's MPC maintains OPR at 3 pct

KUALA LUMPUR, Nov 5  -- The Monetary Policy Committee (MPC) of Bank Negara Malaysia has decided to maintain the Overnight Policy Rate (OPR) at 3.0 per cent.


AffinBank appoints Md Agil as new Chairman

KUALA LUMPUR, Nov 4  -- Affin Bank Bhd has appointed experienced banker Datuk Md Agil Mohd Natt as chairman effective Nov 8.


Stanchart expects BNM to keep policy rate unchanged

KUALA LUMPUR, Nov 4  -- Bank Negara Malaysia (BNM) is likely to maintain a 'wait-and-see' stance and keep the policy rate unchanged at 3.0 per cent during its sixth Monetary Policy Committee (MPC) meeting tomorrow, said Standard Chartered Bank (Stanchart). 


Petronas to collaborate with Bank Muamalat on VFP
Bank Muamalat named Khairul Kamarudin as new CEO

 

Life insurance records healthy growth in Q3 2019
mySalam Scheme insufficient to meet B40 takaful needs

 
FWD Takaful injects RM5 million for para athletes in preparation for 2020 Paralympics

CLOSING, MONDAY, DEC 9
US4.1590/1630
S'pore3.0581/0615
100 Yen3.8328/8372
Sterling5.4703/4773
Euro4.6015/6076
Source: Bank Negara Malaysia

Reduction in the overnight policy rate (OPR) by Bank Negara Malaysia would be good for consumer spending and investment;
Yes
No
Not sure
 
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