PETALING JAYA: Bank Negara has won the Bank Regulator of the Year and Best Conduct of Business Regulator awards at the Asian Banker Summit 2012 in Bangkok last month.
Source from (The Star Online): http://biz.thestar.com.my/news/story.asp?file=/2012/5/4/business/11228026&sec=business
Published: May 04, 2012
Source from (Business Times): http://www.btimes.com.my/Current_News/BTIMES/articles/bnem/Article/
Published: May 04, 2012
A statement issued by organiser TAB International Pte Ltd said that Bank Negara had shown exemplary supervision and rigorous conduct and it had successfully steered Malaysia’s financial system to emerge mostly unscathed through the global financial crisis.
“Its supervision has positioned Malaysia as the leading Islamic financial hub in Asia. Islamic banking accounts for 20% of the Malaysian banking system and the sukuk market represents more than 50% of the country’s bond market.
“The central bank has also formulated various measures and policies such as Guidelines on Responsible Finance, which moved to liberalise its financial sector to facilitate cross-border business transactions and enhance business efficiency,” the statement said.
Bank Negara also placed an emphasis on consumer protection, exhibiting rigorous yet responsible supervisory conduct, it added.
The summit was attended by about 1,000 delegates consisting of industry specialists, senior bankers, regulators, service providers and decision makers from leading institutions in Asia, the United States, Europe and Latin America.
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