Bank Negara Malaysia says the financial technology (fintech) regulatory framework will be ready by July.
Its Governor Datuk Muhammad Ibrahim said on Thursday: "We want to push it through by July so that the banking institutions have time to comment on it.”
Speaking on the sidelines of the 20th Malaysian Banking Summit, he said the comments from the banks would make the regulations more effective when it comes to the time to implement them.
In his keynote address, Muhammad said the framework for fintech firms was to test innovations in the financial services operational environment.
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
Its Governor Datuk Muhammad Ibrahim said on Thursday: "We want to push it through by July so that the banking institutions have time to comment on it.”
Speaking on the sidelines of the 20th Malaysian Banking Summit, he said the comments from the banks would make the regulations more effective when it comes to the time to implement them.
In his keynote address, Muhammad said the framework for fintech firms was to test innovations in the financial services operational environment.
No comments:
Post a Comment