LARGELY ignored by the masses, a guideline issued by Bank Negara on Oct 13 may change the banking industry landscape and has deep ramifications for some of Malaysia’s largest public-listed companies.
These companies are the financial holding companies (FHCs) of banks, which only in recent years have come under the scrutiny of the authorities by virtue of the Financial Services Act 2013 (FSA).
The Basel III Accords, which include some of the world’s strictest banking regulations, are set to be fully adopted in Malaysia by 2019.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
These companies are the financial holding companies (FHCs) of banks, which only in recent years have come under the scrutiny of the authorities by virtue of the Financial Services Act 2013 (FSA).
The Basel III Accords, which include some of the world’s strictest banking regulations, are set to be fully adopted in Malaysia by 2019.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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