Finance › Speeches › Abdul Rasheed Ghaffour

National Resolution Symposium 2024

· Abdul Rasheed Ghaffour, Governor of the Bank Negara Malaysia (Malaysia)

Summary written by Dark Majestic in its own words · topics: financial stability, banking regulation and supervision

AR
· Abdul Rasheed Ghaffour · Bank Negara Malaysia WikiNational Resolution Symposium 2024

ContextSpeech at the National Resolution Symposium 2024 in Kuala Lumpur; Bank Negara Malaysia keeps the financial system sound and prepares plans to handle failing banks.

Why it mattersMalaysia's governor calls for regional coordination when banks fail across borders.

Problems raised
  1. Countries have different resolution frameworks.
  2. Cross-border crisis coordination is hard.
  3. Bank failures need planning.
Solutions proposed
  1. Improve crisis communication.
  2. Use the EMEAP resolution framework.
  3. Coordinate regionally.
Read full speech on bis.org ↗

More from Abdul Rasheed Ghaffour · Bank Negara Malaysia · all speeches

More speeches by Abdul Rasheed Ghaffour

Other leaders on financial stability