Bank Negara to enhance regulatory decisions on climate change

Bank Negara governor Tan Sri Nor Shamsiah Mohd Yunus

KUALA LUMPUR: Bank Negara Malaysia (BNM) will continue to enhance its regulatory decisions, which include enforcing mandatory disclosures and stress testing in the quest to tackle the risk of climate change to the economy.

BNM governor Tan Sri Nor Shamsiah Mohd Yunus said the central bank would review its prudential standards, where appropriate, and find solutions to address some challenges in Malaysia as an emerging economy.