Financial Institution Disclosure Laws Quiz
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Questions and Answers

Who among the following is considered a non-resident according to N 2-37?

  • An overseas branch of a non-resident company (correct)
  • A Malaysian citizen residing in Malaysia
  • A regional office of a resident company
  • A permanent resident of Malaysia residing in Malaysia

    • What does N 2-38 specify about investments in Malaysia for non-residents?

  • Non-residents are prohibited from investing in Ringgit assets
  • Non-residents can only make direct investments in Ringgit assets
  • Non-residents are not allowed to borrow Ringgit from licensed onshore banks
  • Non-residents can invest in Ringgit assets through various means (correct)

    • How can non-residents fund their investments in Malaysia according to the text?

  • Through foreign currency borrowings from licensed onshore banks (correct)
  • Through foreign currency borrowings from licensed international Islamic banks
  • By borrowing Ringgit from licensed international Islamic banks for real sector activities
  • By converting Ringgit to foreign currency at international banks

    • Which of the following activities could non-residents borrow Ringgit for from licensed onshore banks?

    <p>Residential and commercial properties in Malaysia</p> Signup and view all the answers

    Which group is excluded from borrowing Ringgit in Malaysia?

    <p>Licensed international Islamic banks</p> Signup and view all the answers

    What type of organizations are classified as non-residents under N 2-37?

    <p>Overseas branches of resident companies and international organizations</p> Signup and view all the answers

    In what circumstances can non-residents invest in Ringgit assets?

    <p>Through various funding methods as stipulated in N 2-38</p> Signup and view all the answers

    Which category of individuals is considered a non-resident according to the text?

    <p>'Malaysian citizens who have obtained permanent resident status of a country outside Malaysia'</p> Signup and view all the answers

    What entities are exempted from lending Ringgit to non-residents for investments?

    <p>'Licensed onshore banks excluding licensed international Islamic banks'</p> Signup and view all the answers

    Why are Malaysian markets easily accessible by global investors according to the text?

    <p>As a result of the unrestricted movement of capital for investments</p> Signup and view all the answers

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