乐鱼体育官网

15 October 2021

On 28 July 2021, Bank Negara 乐鱼体育官网 (“BNM”), in collaboration with Perbadanan Insurans Deposit 乐鱼体育官网 (“PIDM”), released a setting out BNM’s expectations and policy requirements on the development and maintenance of recovery plans for financial institutions in 乐鱼体育官网. As part of recovery planning, financial institutions are to identify and plan for the execution of a suite of recovery options to restore long-term viability under a range of idiosyncratic and system-wide stress events.

The information and assessment contained in recovery plans will also serve as an important starting point for PIDM, as the resolution authority for its member institutions, to improve the resolvability of member institutions and operationalise feasible and credible resolution plans.

?