Exposure Draft on Corporate Strategic PlanRelease Date: 20 Jan 2020
Bank Negara Malaysia has issued the exposure draft (ED) on Corporate Strategic Plan on 16 January 2020 which sets out the expectations for DFIs in establishing its respective institution’s business plans and funding requirements. This ED is a consolidation of two existing policy requirements, namely the strategic corporate intent and annual funding requirements, where it requires more comprehensive submission on the overall corporate strategies moving forward, in ensuring that the DFIs remain focus in pursuing greater developmental outcomes.
The Bank invites written feedback on the proposed regulatory requirements, including suggestions on areas to be clarified and alternative proposals that the Bank should consider. The written feedback should be supported with clear rationale, accompanying evidence or illustrations, as appropriate to facilitate effective review of this exposure draft.
Responses must be submitted to the Bank by 16 March 2020.
Find out more: Exposure Draft on Corporate Strategic Plan
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