General Information & Client Services
  • Americas: +1.212.553.1653
  • Asia: +852.3551.3077
  • China: +86.10.6319.6580
  • EMEA: +44.20.7772.5454
  • Japan: +81.3.5408.4100
Media Relations
  • New York: +1.212.553.0376
  • London: +44.20.7772.5456
  • Hong Kong: +852.3758.1350
  • Tokyo: +813.5408.4110
  • Sydney: +61.2.9270.8141
  • Mexico City: +001.888.779.5833
  • Buenos Aires: +0800.666.3506
  • São Paulo: +0800.891.2518
June 08, 2018

BNM issued an exposure draft that sets out the minimum requirements on disclosure of key information related to regulatory capital and risk exposures of a financial institution. The disclosure requirements complement the minimum capital and other regulatory requirements, supervisory review process, and financial reporting. Comments are requested by August 10, 2018. The policy document shall come into effect on January 01, 2019 and shall apply to Pillar 3 disclosures for financial years beginning on or after January 01, 2019.

The revised Pillar 3 disclosure requirements introduce common templates to improve consistency and ease of use of disclosures within and across jurisdictions. The use of common template also helps to mitigate the risk of inconsistent formats, which may undermine the objective of enhanced disclosure. The revised requirements have also been designed to be sufficiently granular and detailed to allow meaningful assessments by market participants, yet not requiring disclosure of sensitive or confidential information.The policy document is applicable to licensed banks, licensed investment banks, licensed Islamic banks, and financial holding companies.

This policy document must be read with certain relevant legal instruments and policy documents that have been issued by BNM. These include Capital Adequacy Framework (CAF (CC)); Capital Adequacy Framework for Islamic Banks (referred to as CAFIB (CC)); Capital Adequacy Framework (Basel II – Risk-Weighted Assets/CAF (RWA)); Capital Adequacy Framework for Islamic Banks (CAFIB (RWA)); Corporate Governance; Credit Risk; Investment Account; Leverage Ratio; Liquidity Coverage Ratio; Operational Risk; Reporting Requirements for Interest Rate and Rate of Return Risk in the Banking Book; and Shariah Governance. The policy document supersedes the Risk Weighted Capital Adequacy Framework (Basel II) – Disclosure Requirements (Pillar 3), which were issued on August 01 2010 (CAF (Pillar 3)) and Capital Adequacy Framework for Islamic Banks (CAFIB) – Disclosure Requirements (Pillar 3), which was issued on August 07, 2010 (CAFIB (Pillar 3)).

 

Related Link: Exposure Draft on Pillar 3 Disclosure (PDF)

Comment Due Date: August 10, 2018

Effective Date: January 01, 2019

Keywords: Asia Pacific, Malaysia, Banking, Pillar 3, Disclosure Requirements, Reporting, Regulatory Capital, BNM

Related Insights
News

IAIS Publishes Drafts of Revised ICP 8, ICP 15, ICP 16, and ICP 20

IAIS published the drafts of revised Insurance Core Principles on Public Disclosure (ICP 20), Investments (ICP 15), Enterprise Risk Management for Solvency Purposes (ICP 16), and Risk Management and Internal Controls (ICP 8), along with a revised draft of the glossary on enterprise risk management (ERM).

November 14, 2018 WebPage Regulatory News
News

MAS Amends Notice 637 on Capital Adequacy Requirements in Singapore

MAS published the final, revised Notice 637 on the risk-based capital adequacy requirements in Singapore.

November 13, 2018 WebPage Regulatory News
News

ESMA Updates Q&A on Implementation of CSD Regulation and MAR

ESMA updated questions and answers (Q&A) documents on the implementation of the Central Securities Depository (CSD) Regulation and Market Abuse Regulation (MAR).

November 12, 2018 WebPage Regulatory News
News

FSB Finalizes and Publishes the Cyber Lexicon

FSB published a cyber lexicon, following the public consultation earlier this year.

November 12, 2018 WebPage Regulatory News
News

SRB Updates Liability Data Reporting Template for 2019

SRB published version 2.7.1 of the Liability Data Reporting (LDR) Template.

November 12, 2018 WebPage Regulatory News
News

ECB to Conduct Comprehensive Assessment of Six Bulgarian Banks

ECB will undertake a comprehensive assessment of six Bulgarian banks. The exercise, comprising an asset quality review and a stress test, follows Bulgaria’s submission of a request to establish close cooperation with ECB on July 18, 2018.

November 12, 2018 WebPage Regulatory News
News

IMF Publishes Reports on the 2018 Article IV Consultation with Chile

IMF published its staff report and selected issues report under the 2018 Article IV consultation with Chile.

November 09, 2018 WebPage Regulatory News
News

PRA Issues PS27/18 on Implementing the Extension of SM&CR to Insurers

PRA published the policy statement PS27/18, which provides feedback to responses to the consultation paper CP20/18, on implementing the extension of the Senior Managers and Certification Regime (SM&CR) to insurers (Part 2).

November 09, 2018 WebPage Regulatory News
News

EBA Single Rulebook Q&A: First Update for November 2018

EBA published answers to seven questions under the Single Rulebook question and answer (Q&A) updates for this week.

November 09, 2018 WebPage Regulatory News
News

FED Finalizes the Large Financial Institution Rating System

FED finalized the new supervisory rating system for Large Financial Institutions (LFIs), to better align with the current supervisory programs and practices for these firms.

November 09, 2018 WebPage Regulatory News
RESULTS 1 - 10 OF 2204