Financial Sector Assessment Program : Malaysia - Assessment of Observance of the CPSS-IOSCO Principles for Financial Market Infrastructures
The present document is the assessment of systemically important financial market infrastructures in Malaysia based on the Committee for Payment and Settlement Systems (CPSS) and International Organization of Securities Commission (IOSCO) Principle...
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| Format: | Financial Sector Assessment Program (FSAP) |
| Language: | English en_US |
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World Bank, Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2013/02/18015061/malaysia-assessment-observance-committee-payment-settlement-systems-international-organization-securities-commissions-cpss-iosco-principles-financial-market-infrastructures-detailed-assessment-observance http://hdl.handle.net/10986/16022 |
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okr-10986-16022 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCESS TO INFORMATION ACCOUNT HOLDERS AUDITS BANK CREDIT BANKING SYSTEM BANKRUPTCY BOND BOND MARKET BONDS BORROWER BRIDGE FINANCING BROKERS CAPITAL MARKET CAPITAL MARKETS CDS CENTRAL BANK CENTRAL BANKS CENTRAL DEPOSITORIES CENTRAL DEPOSITORY CENTRAL DEPOSITORY SYSTEM CENTRAL SECURITIES DEPOSITORIES CENTRAL SECURITIES DEPOSITORY CHECK CLEARING CLEARING HOUSE CLEARING HOUSES COLLATERAL COLLATERALS COMMERCIAL BANK COMMERCIAL BANKS COMMERCIAL PAPERS COMMODITY COMPLEX RISK CONFLICT OF LAWS CONFLICTS OF INTEREST CONTRACTUAL RELATIONSHIP CORPORATE DEBTS CORPORATE GOVERNANCE CORPORATE SECURITIES COUPONS CREDIT ARRANGEMENT CREDIT EXPOSURE CREDIT EXPOSURES CREDIT FACILITIES CREDIT FACILITY CREDIT LINE CREDIT LOSSES CREDIT RATING CREDIT RISK CREDIT RISK MANAGEMENT CREDIT RISKS CUSTODY DEBT SECURITIES DEFAULTS DELIVERY OF SECURITIES DEPOSIT DEPOSIT INSURANCE DEPOSITORY INSTITUTION DEPOSITORY INSTITUTIONS DEPOSITORY SERVICES DERIVATIVE DERIVATIVE PRODUCTS DERIVATIVES DERIVATIVES EXCHANGE DERIVATIVES MARKET DERIVATIVES MARKETS DIGITAL SIGNATURE DISCLOSURE REQUIREMENTS DOMESTIC LIQUIDITY E-MONEY ELECTRONIC CLEARING ELECTRONIC PAYMENT ELECTRONIC PAYMENT SYSTEM ELECTRONIC PAYMENTS ELECTRONIC SIGNATURES ELECTRONIC TRANSFER ENFORCEABILITY EQUITIES EQUITY DERIVATIVES EXPOSURE EXPOSURES FINANCIAL DERIVATIVES FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL MARKET FINANCIAL MARKETS FINANCIAL RISKS FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL SYSTEM FINANCING FACILITY FOREIGN BANKS FOREIGN CURRENCY FUTURES GOVERNMENT FUNDING GOVERNMENT INVESTMENT GOVERNMENT PAPERS GOVERNMENT SECURITIES GROSS SETTLEMENT SYSTEM GUARANTEE FUND HOLDING HOLDING COMPANY HOLDINGS HUMAN CAPITAL INCOME INFORMATION FLOWS INFORMATION SHARING INFORMATION TECHNOLOGY INFRASTRUCTURE DEVELOPMENT INSOLVENCY PROCEEDINGS INSTRUMENT INSURANCE CORPORATION INTEREST RATE INTERNAL AUDIT INTERNAL CONTROL INTERNATIONAL BANK INTERNATIONAL STANDARDS INVESTMENT BANKS INVESTOR PROTECTION ISLAMIC BANKS ISLAMIC PRIVATE DEBT ISLAMIC PRIVATE DEBT SECURITIES ISLAMIC SECURITIES ISSUANCE ISSUANCES JOINT VENTURE JURISDICTION JURISDICTIONS LEGAL FRAMEWORK LEGAL PROTECTION LEGAL PROVISION LEGAL PROVISIONS LEGAL RIGHT LEGAL RIGHTS LENDER LENDING AGENCY LETTER OF CREDITS LIQUID ASSETS LIQUIDITY LIQUIDITY POSITION LIQUIDITY POSITIONS LIQUIDITY PROBLEMS LIQUIDITY RISK LOAN LOAN STOCKS MARGIN REQUIREMENT MARKET CAPITALIZATION MARKET CONDITIONS MARKET INFRASTRUCTURES MARKET PARTICIPANTS MARKET RISKS MARKET TRADE MARKET TRANSACTIONS MARKET VALUE MONETARY AUTHORITY MONETARY FUND MONETARY POLICY ONLINE BANKING OPERATIONAL RISK OPERATIONAL RISKS ORIGINAL CONTRACT OWNERSHIP RIGHTS PAYMENT OBLIGATIONS PAYMENT SYSTEM PAYMENTS SYSTEM PAYMENTS SYSTEMS PORTFOLIO PRICE VOLATILITY PRIVATE DEBT PRIVATE SECTOR DEVELOPMENT REAL TIME GROSS SETTLEMENT REGULATORS REGULATORY FRAMEWORK REPAYMENT REPO REPO TRANSACTIONS REPOS RESERVE RESERVES RETURN RISK MANAGEMENT RISK MANAGEMENT POLICIES RISK PROFILE SECONDARY MARKET SECONDARY MARKET FOR BONDS SECURITIES SECURITIES BROKER SECURITIES EXCHANGE SECURITIES HOLDINGS SECURITIES INDUSTRY SECURITIES MARKET SECURITIES SETTLEMENT SECURITY MARKETS SETTLEMENT SETTLEMENT ARRANGEMENTS SETTLEMENT FACILITY SETTLEMENT INFRASTRUCTURE SETTLEMENT OBLIGATIONS SETTLEMENT OF FUNDS SETTLEMENT SERVICES SETTLEMENT SYSTEM SETTLEMENT SYSTEMS STOCK EXCHANGE SUKUK SYSTEMIC RISKS TRADES TRADING TRADING PLATFORM TRADING SYSTEM TRANSACTION TRANSFER OF FUNDS TRANSFER OF SECURITIES TREASURY TREASURY BILLS TURNOVER VALUATION VALUE PAYMENT SYSTEM VALUE PAYMENT SYSTEMS WARRANTS |
| spellingShingle |
ACCESS TO INFORMATION ACCOUNT HOLDERS AUDITS BANK CREDIT BANKING SYSTEM BANKRUPTCY BOND BOND MARKET BONDS BORROWER BRIDGE FINANCING BROKERS CAPITAL MARKET CAPITAL MARKETS CDS CENTRAL BANK CENTRAL BANKS CENTRAL DEPOSITORIES CENTRAL DEPOSITORY CENTRAL DEPOSITORY SYSTEM CENTRAL SECURITIES DEPOSITORIES CENTRAL SECURITIES DEPOSITORY CHECK CLEARING CLEARING HOUSE CLEARING HOUSES COLLATERAL COLLATERALS COMMERCIAL BANK COMMERCIAL BANKS COMMERCIAL PAPERS COMMODITY COMPLEX RISK CONFLICT OF LAWS CONFLICTS OF INTEREST CONTRACTUAL RELATIONSHIP CORPORATE DEBTS CORPORATE GOVERNANCE CORPORATE SECURITIES COUPONS CREDIT ARRANGEMENT CREDIT EXPOSURE CREDIT EXPOSURES CREDIT FACILITIES CREDIT FACILITY CREDIT LINE CREDIT LOSSES CREDIT RATING CREDIT RISK CREDIT RISK MANAGEMENT CREDIT RISKS CUSTODY DEBT SECURITIES DEFAULTS DELIVERY OF SECURITIES DEPOSIT DEPOSIT INSURANCE DEPOSITORY INSTITUTION DEPOSITORY INSTITUTIONS DEPOSITORY SERVICES DERIVATIVE DERIVATIVE PRODUCTS DERIVATIVES DERIVATIVES EXCHANGE DERIVATIVES MARKET DERIVATIVES MARKETS DIGITAL SIGNATURE DISCLOSURE REQUIREMENTS DOMESTIC LIQUIDITY E-MONEY ELECTRONIC CLEARING ELECTRONIC PAYMENT ELECTRONIC PAYMENT SYSTEM ELECTRONIC PAYMENTS ELECTRONIC SIGNATURES ELECTRONIC TRANSFER ENFORCEABILITY EQUITIES EQUITY DERIVATIVES EXPOSURE EXPOSURES FINANCIAL DERIVATIVES FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL MARKET FINANCIAL MARKETS FINANCIAL RISKS FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL SYSTEM FINANCING FACILITY FOREIGN BANKS FOREIGN CURRENCY FUTURES GOVERNMENT FUNDING GOVERNMENT INVESTMENT GOVERNMENT PAPERS GOVERNMENT SECURITIES GROSS SETTLEMENT SYSTEM GUARANTEE FUND HOLDING HOLDING COMPANY HOLDINGS HUMAN CAPITAL INCOME INFORMATION FLOWS INFORMATION SHARING INFORMATION TECHNOLOGY INFRASTRUCTURE DEVELOPMENT INSOLVENCY PROCEEDINGS INSTRUMENT INSURANCE CORPORATION INTEREST RATE INTERNAL AUDIT INTERNAL CONTROL INTERNATIONAL BANK INTERNATIONAL STANDARDS INVESTMENT BANKS INVESTOR PROTECTION ISLAMIC BANKS ISLAMIC PRIVATE DEBT ISLAMIC PRIVATE DEBT SECURITIES ISLAMIC SECURITIES ISSUANCE ISSUANCES JOINT VENTURE JURISDICTION JURISDICTIONS LEGAL FRAMEWORK LEGAL PROTECTION LEGAL PROVISION LEGAL PROVISIONS LEGAL RIGHT LEGAL RIGHTS LENDER LENDING AGENCY LETTER OF CREDITS LIQUID ASSETS LIQUIDITY LIQUIDITY POSITION LIQUIDITY POSITIONS LIQUIDITY PROBLEMS LIQUIDITY RISK LOAN LOAN STOCKS MARGIN REQUIREMENT MARKET CAPITALIZATION MARKET CONDITIONS MARKET INFRASTRUCTURES MARKET PARTICIPANTS MARKET RISKS MARKET TRADE MARKET TRANSACTIONS MARKET VALUE MONETARY AUTHORITY MONETARY FUND MONETARY POLICY ONLINE BANKING OPERATIONAL RISK OPERATIONAL RISKS ORIGINAL CONTRACT OWNERSHIP RIGHTS PAYMENT OBLIGATIONS PAYMENT SYSTEM PAYMENTS SYSTEM PAYMENTS SYSTEMS PORTFOLIO PRICE VOLATILITY PRIVATE DEBT PRIVATE SECTOR DEVELOPMENT REAL TIME GROSS SETTLEMENT REGULATORS REGULATORY FRAMEWORK REPAYMENT REPO REPO TRANSACTIONS REPOS RESERVE RESERVES RETURN RISK MANAGEMENT RISK MANAGEMENT POLICIES RISK PROFILE SECONDARY MARKET SECONDARY MARKET FOR BONDS SECURITIES SECURITIES BROKER SECURITIES EXCHANGE SECURITIES HOLDINGS SECURITIES INDUSTRY SECURITIES MARKET SECURITIES SETTLEMENT SECURITY MARKETS SETTLEMENT SETTLEMENT ARRANGEMENTS SETTLEMENT FACILITY SETTLEMENT INFRASTRUCTURE SETTLEMENT OBLIGATIONS SETTLEMENT OF FUNDS SETTLEMENT SERVICES SETTLEMENT SYSTEM SETTLEMENT SYSTEMS STOCK EXCHANGE SUKUK SYSTEMIC RISKS TRADES TRADING TRADING PLATFORM TRADING SYSTEM TRANSACTION TRANSFER OF FUNDS TRANSFER OF SECURITIES TREASURY TREASURY BILLS TURNOVER VALUATION VALUE PAYMENT SYSTEM VALUE PAYMENT SYSTEMS WARRANTS International Monetary Fund World Bank Financial Sector Assessment Program : Malaysia - Assessment of Observance of the CPSS-IOSCO Principles for Financial Market Infrastructures |
| geographic_facet |
East Asia and Pacific Malaysia |
| description |
The present document is the assessment
of systemically important financial market infrastructures
in Malaysia based on the Committee for Payment and
Settlement Systems (CPSS) and International Organization of
Securities Commission (IOSCO) Principles for Financial
Market Infrastructures (PFMIs). The assessment was conducted
in the context of field missions of the Financial Sector
Assessment Program (FSAP) to Malaysia in July 2012. The
information used in the assessment included all relevant
laws, rules and procedures governing the systems, material
available on these FMIs in the public domain and from the
central bank and the securities commission. The Capital
Market and Services Act 2007 (CMSA) provides the overall
framework for operation of various entities in the security
markets like stock exchange, clearing houses and trade
repositories. The Securities Industry (Central Depositories)
Act 1991 (SICDA) provides the overall regulatory framework
for depositories and immobilization of securities in
approved depositories. The CMSA requires the licensed
exchanges and clearing houses to prioritize public interest,
safety and efficiency aspects over their commercial
objective and also establish rules and procedures and in
particular in relation to handling of participant defaults. |
| format |
Economic & Sector Work :: Financial Sector Assessment Program (FSAP) |
| author |
International Monetary Fund World Bank |
| author_facet |
International Monetary Fund World Bank |
| author_sort |
International Monetary Fund |
| title |
Financial Sector Assessment Program : Malaysia - Assessment of Observance of the CPSS-IOSCO Principles for Financial Market Infrastructures |
| title_short |
Financial Sector Assessment Program : Malaysia - Assessment of Observance of the CPSS-IOSCO Principles for Financial Market Infrastructures |
| title_full |
Financial Sector Assessment Program : Malaysia - Assessment of Observance of the CPSS-IOSCO Principles for Financial Market Infrastructures |
| title_fullStr |
Financial Sector Assessment Program : Malaysia - Assessment of Observance of the CPSS-IOSCO Principles for Financial Market Infrastructures |
| title_full_unstemmed |
Financial Sector Assessment Program : Malaysia - Assessment of Observance of the CPSS-IOSCO Principles for Financial Market Infrastructures |
| title_sort |
financial sector assessment program : malaysia - assessment of observance of the cpss-iosco principles for financial market infrastructures |
| publisher |
World Bank, Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2013/02/18015061/malaysia-assessment-observance-committee-payment-settlement-systems-international-organization-securities-commissions-cpss-iosco-principles-financial-market-infrastructures-detailed-assessment-observance http://hdl.handle.net/10986/16022 |
| _version_ |
1764431380174864384 |
| spelling |
okr-10986-160222021-04-23T14:03:23Z Financial Sector Assessment Program : Malaysia - Assessment of Observance of the CPSS-IOSCO Principles for Financial Market Infrastructures International Monetary Fund World Bank ACCESS TO INFORMATION ACCOUNT HOLDERS AUDITS BANK CREDIT BANKING SYSTEM BANKRUPTCY BOND BOND MARKET BONDS BORROWER BRIDGE FINANCING BROKERS CAPITAL MARKET CAPITAL MARKETS CDS CENTRAL BANK CENTRAL BANKS CENTRAL DEPOSITORIES CENTRAL DEPOSITORY CENTRAL DEPOSITORY SYSTEM CENTRAL SECURITIES DEPOSITORIES CENTRAL SECURITIES DEPOSITORY CHECK CLEARING CLEARING HOUSE CLEARING HOUSES COLLATERAL COLLATERALS COMMERCIAL BANK COMMERCIAL BANKS COMMERCIAL PAPERS COMMODITY COMPLEX RISK CONFLICT OF LAWS CONFLICTS OF INTEREST CONTRACTUAL RELATIONSHIP CORPORATE DEBTS CORPORATE GOVERNANCE CORPORATE SECURITIES COUPONS CREDIT ARRANGEMENT CREDIT EXPOSURE CREDIT EXPOSURES CREDIT FACILITIES CREDIT FACILITY CREDIT LINE CREDIT LOSSES CREDIT RATING CREDIT RISK CREDIT RISK MANAGEMENT CREDIT RISKS CUSTODY DEBT SECURITIES DEFAULTS DELIVERY OF SECURITIES DEPOSIT DEPOSIT INSURANCE DEPOSITORY INSTITUTION DEPOSITORY INSTITUTIONS DEPOSITORY SERVICES DERIVATIVE DERIVATIVE PRODUCTS DERIVATIVES DERIVATIVES EXCHANGE DERIVATIVES MARKET DERIVATIVES MARKETS DIGITAL SIGNATURE DISCLOSURE REQUIREMENTS DOMESTIC LIQUIDITY E-MONEY ELECTRONIC CLEARING ELECTRONIC PAYMENT ELECTRONIC PAYMENT SYSTEM ELECTRONIC PAYMENTS ELECTRONIC SIGNATURES ELECTRONIC TRANSFER ENFORCEABILITY EQUITIES EQUITY DERIVATIVES EXPOSURE EXPOSURES FINANCIAL DERIVATIVES FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL MARKET FINANCIAL MARKETS FINANCIAL RISKS FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL SYSTEM FINANCING FACILITY FOREIGN BANKS FOREIGN CURRENCY FUTURES GOVERNMENT FUNDING GOVERNMENT INVESTMENT GOVERNMENT PAPERS GOVERNMENT SECURITIES GROSS SETTLEMENT SYSTEM GUARANTEE FUND HOLDING HOLDING COMPANY HOLDINGS HUMAN CAPITAL INCOME INFORMATION FLOWS INFORMATION SHARING INFORMATION TECHNOLOGY INFRASTRUCTURE DEVELOPMENT INSOLVENCY PROCEEDINGS INSTRUMENT INSURANCE CORPORATION INTEREST RATE INTERNAL AUDIT INTERNAL CONTROL INTERNATIONAL BANK INTERNATIONAL STANDARDS INVESTMENT BANKS INVESTOR PROTECTION ISLAMIC BANKS ISLAMIC PRIVATE DEBT ISLAMIC PRIVATE DEBT SECURITIES ISLAMIC SECURITIES ISSUANCE ISSUANCES JOINT VENTURE JURISDICTION JURISDICTIONS LEGAL FRAMEWORK LEGAL PROTECTION LEGAL PROVISION LEGAL PROVISIONS LEGAL RIGHT LEGAL RIGHTS LENDER LENDING AGENCY LETTER OF CREDITS LIQUID ASSETS LIQUIDITY LIQUIDITY POSITION LIQUIDITY POSITIONS LIQUIDITY PROBLEMS LIQUIDITY RISK LOAN LOAN STOCKS MARGIN REQUIREMENT MARKET CAPITALIZATION MARKET CONDITIONS MARKET INFRASTRUCTURES MARKET PARTICIPANTS MARKET RISKS MARKET TRADE MARKET TRANSACTIONS MARKET VALUE MONETARY AUTHORITY MONETARY FUND MONETARY POLICY ONLINE BANKING OPERATIONAL RISK OPERATIONAL RISKS ORIGINAL CONTRACT OWNERSHIP RIGHTS PAYMENT OBLIGATIONS PAYMENT SYSTEM PAYMENTS SYSTEM PAYMENTS SYSTEMS PORTFOLIO PRICE VOLATILITY PRIVATE DEBT PRIVATE SECTOR DEVELOPMENT REAL TIME GROSS SETTLEMENT REGULATORS REGULATORY FRAMEWORK REPAYMENT REPO REPO TRANSACTIONS REPOS RESERVE RESERVES RETURN RISK MANAGEMENT RISK MANAGEMENT POLICIES RISK PROFILE SECONDARY MARKET SECONDARY MARKET FOR BONDS SECURITIES SECURITIES BROKER SECURITIES EXCHANGE SECURITIES HOLDINGS SECURITIES INDUSTRY SECURITIES MARKET SECURITIES SETTLEMENT SECURITY MARKETS SETTLEMENT SETTLEMENT ARRANGEMENTS SETTLEMENT FACILITY SETTLEMENT INFRASTRUCTURE SETTLEMENT OBLIGATIONS SETTLEMENT OF FUNDS SETTLEMENT SERVICES SETTLEMENT SYSTEM SETTLEMENT SYSTEMS STOCK EXCHANGE SUKUK SYSTEMIC RISKS TRADES TRADING TRADING PLATFORM TRADING SYSTEM TRANSACTION TRANSFER OF FUNDS TRANSFER OF SECURITIES TREASURY TREASURY BILLS TURNOVER VALUATION VALUE PAYMENT SYSTEM VALUE PAYMENT SYSTEMS WARRANTS The present document is the assessment of systemically important financial market infrastructures in Malaysia based on the Committee for Payment and Settlement Systems (CPSS) and International Organization of Securities Commission (IOSCO) Principles for Financial Market Infrastructures (PFMIs). The assessment was conducted in the context of field missions of the Financial Sector Assessment Program (FSAP) to Malaysia in July 2012. The information used in the assessment included all relevant laws, rules and procedures governing the systems, material available on these FMIs in the public domain and from the central bank and the securities commission. The Capital Market and Services Act 2007 (CMSA) provides the overall framework for operation of various entities in the security markets like stock exchange, clearing houses and trade repositories. The Securities Industry (Central Depositories) Act 1991 (SICDA) provides the overall regulatory framework for depositories and immobilization of securities in approved depositories. The CMSA requires the licensed exchanges and clearing houses to prioritize public interest, safety and efficiency aspects over their commercial objective and also establish rules and procedures and in particular in relation to handling of participant defaults. 2013-10-02T18:05:26Z 2013-10-02T18:05:26Z 2013-02 http://documents.worldbank.org/curated/en/2013/02/18015061/malaysia-assessment-observance-committee-payment-settlement-systems-international-organization-securities-commissions-cpss-iosco-principles-financial-market-infrastructures-detailed-assessment-observance http://hdl.handle.net/10986/16022 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Economic & Sector Work :: Financial Sector Assessment Program (FSAP) Economic & Sector Work East Asia and Pacific Malaysia |