Labuan, Malaysia : Assessment of the Supervision and Regulation of the Financial Sector-Review of Financial Sector Regulation and Supervision.

This Review of Financial Sector Regulation and Supervision in Labuan, Malaysia, highlights the supervisory and antimoney laundering frameworks. Labuan, an offshore financial center located in Malaysia, has all the essential elements for a suitable framework for financial supervision. Nonperforming l...

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Dades bibliogràfiques
Autor corporatiu: International Monetary Fund
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2004.
Col·lecció:IMF Staff Country Reports; Country Report ; No. 2004/391
Accés en línia:Full text available on IMF
Descripció
Sumari:This Review of Financial Sector Regulation and Supervision in Labuan, Malaysia, highlights the supervisory and antimoney laundering frameworks. Labuan, an offshore financial center located in Malaysia, has all the essential elements for a suitable framework for financial supervision. Nonperforming loans are relatively high in the banking sector, and demand for credit has been soft. Securities and capital market activities in Labuan are still embryonic, and the supervisory regime for this sector will need to be fleshed out as business develops.
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Descripció física:1 online resource (54 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Accés:Electronic access restricted to authorized BRAC University faculty, staff and students