Bank Negara to issue open finance exposure draft soon, finalise policy by next year - governor


- Samsul Said/Bloomberg

KUALA LUMPUR: Bank Negara Malaysia (BNM) will release an Exposure Draft on Open Finance soon and finalise the policy by next year, with the first phase to be rolled out in the interim, subject to industry and public readiness.

BNM governor Datuk Seri Abdul Rasheed Ghaffour said the central bank views tokenisation as a promising innovation in the financial sector with potential implications beyond capital markets.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Watts from water
Singapore’s financial sector a big winner
Up in Arms - or up the value chain?
Asia bonds for diversification
Smart city can’t beat the traffic
Powering a new reinvestment cycle as demand surges
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read