3 Questions
What is the purpose of the Financial Services Act 2013?
To consolidate the regulatory and supervisory framework for Malaysia's banking industry, insurance industry, payment systems, and other relevant entities
What is the difference between the Central Bank of Malaysia Act 1958 and the Central Bank of Malaysia Act 2009?
The Central Bank of Malaysia Act 2009 provides for the establishment, administration and powers of the bank, while the Central Bank of Malaysia Act 1958 does not
What is the Islamic Financial Services Act 2013?
An act that sets out the regulatory framework for Malaysia's Islamic financial sector
How well do you know the legislation governing the Central Bank of Malaysia? Test your knowledge with this quiz that covers the Development Financial Institutions Act 2002 and the Central Bank of Malaysia Act 2009. Learn about the powers and responsibilities of the Central Bank in promoting the development of financial institutions and ensuring the stability of the Malaysian economy. Keywords: Central Bank, Malaysia, legislation, Development Financial Institutions Act, Central Bank of Malaysia Act.
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