FINANCIAL MARKETS COMMITTEE
Financial markets development initiatives
A well-functioning financial market serves an important role for the development of the real economy. This is even more so for highly open economies like Malaysia, where the exchange rate is an important element in trade and investment. The Bank has continuously undertaken financial markets initiatives as part of its strategy and mandate to broaden and deepen the Malaysian financial markets. The Bank’s strategy is multi-dimensional, and includes initiatives which aim to reset the direction of the onshore market, strengthen the pillars of the onshore financial markets and enhance market resiliency.
The initiatives that have been introduced thus far are as follows:
 |
(May ‘16) |
Establishment of Financial Markets Committee |
|
(July ‘16) |
Adopt global best practices
|
|
(Dec ‘16) |
Rebalance onshore FX demand and supply
Promote FX risk management onshore
|
|
(Apr ‘17) |
Additional FX risk management flexibilities
Improve bond market liquidity
Promote high standards of market integrity
Strengthen financial market infrastructure
|
|
(Sep ‘17) |
Additional FX risk management flexibilities
|
|
(Nov ‘17) |
Improve bond market liquidity
Enhance liquidity intermediation
|
