BNM fosters conditions for financial sector to upscale digitalisation

KUALA LUMPUR: Bank Negara Malaysia (BNM) has set its priorities to foster the right conditions for Malaysia’s financial sector to capitalise on digitalisation while ensuring that attendant risks are well understood and managed effectively by the financial institutions.

Governor Tan Sri Nor Shamsiah Mohd Yunus said this reflected the rapidly changing technology landscape, making it almost impossible for anyone to predict the shape and form of the next waves of changes.

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