Exposure Draft on Responsibility MappingRelease Date: 26 Dec 2019
Bank Negara Malaysia has issued the exposure draft on Responsibility Mapping today. The exposure draft sets out the Bank’s proposals to clarify the roles, responsibilities and accountability of individuals holding leadership positions in financial institutions. The proposals complement the existing governance arrangements to promote a corporate culture which reinforces ethical, prudent and professional behaviour.
The Bank invites written feedback on the proposed requirements, including suggestions on areas to be clarified and alternative proposals that the Bank should consider.
Responses must be submitted to the Bank by 31 March 2020.
Find out more: Exposure Draft on Responsibility Mapping
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