<div class=newsTextDataWrapInner><p>KUALA LUMPUR (May 13): Bank Negara Malaysia announced it has set up the Financial Markets Committee today to review and formulate comprehensive strategies for the wholesale financial markets, with the participation of the industry.</p></div>

<div class=newsTextDataWrapInner><p>The move is aimed at "meet[ing] the diverse and complex demands of a more developed and internationally integrated economy".</p></div>

<div class=newsTextDataWrapInner><p>Though the review and drawing up of such strategies has been the bank's practice and purview all along, the decision to formalise the committee was to engage and have participation from the corporate sectors, according to new central bank governor Datuk Muhammad Ibrahim.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>He explained this after the bank's announcement on Malaysia's first quarterly economic performance this year.</p></div>

<div class=newsTextDataWrapInner><p>"The committee shall comprise participants and representatives from Bank Negara, financial institutions, corporations, financial service providers and other institutions or stakeholders which has prominent role or participation in the financial markets," a statement from the bank read.</p></div>

<div class=newsTextDataWrapInner><p>The committee is also to provide a senior-level forum for market participants to meet regularly, to discuss matters on potential issues and risks relating to the development of the Malaysian financial market.</p></div>


KUALA LUMPUR (May 13): Bank Negara Malaysia announced it has set up the Financial Markets Committee today to review and formulate comprehensive strategies for the wholesale financial markets, with the participation of the industry.

The move is aimed at "meet[ing] the diverse and complex...

Bank Negara sets up new Financial Markets Committee with industry reps

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<p>KUALA LUMPUR (April 25): The Employees Provident Fund (EPF) members, who are below 55 years old, will have an Account 3, in addition to the existing two accounts for their retirement savings, starting May 11.&nbsp;</p>


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<p>PUTRAJAYA ( April 25): Malaysia’s inflation stayed at 1.8% in March 2024 from a month ago, according to the Department of Statistics Malaysia (DOSM).</p>


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