BNM issues Policy Document on Recovery Planning

On 28 July 2021, Bank Negara Malaysia (“BNM”) issued the Policy Document on Recovery Planning (“Policy Document”) which came into effect immediately.

The Policy Document applies to the following institutions under the Financial Services Act 2013 or the Islamic Financial Services Act 2013:

Filed under:
Malaysia, Banking, Insolvency & Restructuring, SKRINE
Authors:
Kok Chee Kheong
Location:
Malaysia
Firm:
SKRINE