Bank Negara Malaysia is currently working to develop the next blueprint for the financial sector which the central bank aimed to publish it by next year, said governor Nor Shamsiah Mohd Yunus.
This would include outlining structural reforms to modernise the insurance, takaful and development financial institution sectors, she said. The governor pointed out that another important area would be the readiness to deal with increasingly complex cybersecurity and technology risks. Meanwhile, in face of an uncertain and challenging operating environment, Bank Negara would be adjusting a number of priorities for the year ahead by sharpening its focus in certain areas and reducing its emphasis on other areas, said Nor Shamsiah.
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