Governance revamp for financial sector

Enhancing governance: Bank Negara published a concept paper that outlines proposed enhancements to the corporate governance framework for financial institutions and financial holding companies.

Bank Negara proposes improved corporate governance framework

WE don’t usually associate the country’s financial institutions with sloppy governance. Being loose with corporate governance standards and practices is one sure way of triggering Bank Negara’s disapproval, and that’s not a clever thing to do.