Академический Документы
Профессиональный Документы
Культура Документы
1. Money
- Payment for goods and services.
- Surplus Units & Deficit Units.
2. Financial Instruments
- Transfer of resources from savers to borrowers.
- Eg: Stocks, Mortgages (Housing Loan), Insurance
policies.
INTRODUCTION TO FINANCIAL SYSTEM
3. Financial Markets
4. Financial Institutions
5.Central Bank
- Banker’s Bank
- Provide loans during times of financial stress.
- Manage Payment Systems.
- Oversee Commercial Banks and the financial system.
- To monitor and stabilize the economy.
eg: Federal Reserve System in USA.
Bank Negara Malaysia (BNM)
Cheque Encoding Machine
CHEQUE TRUNCATION AND CONVERSION
SYSTEM (CTCS)
OBJECTIVES AND FUNCTIONS:-
10. Bank Negara Malaysia may specify limitations, terms and conditions in
respect of the giving of any class, category or description of credit facilities
to be given by any licensed institution.This is particularly with respect to
financing the purchase of securities or shares, immovable properties
and/or any derivative instruments.
11. Issue guidelines, circulars or notes as the Bank or the Finance Minister
may consider desirable.
12.Government’s Bank:
13.Banker’s Bank:
• Headquartered in Belgium.
• Provides international governance and oversight
• Global office network ensures an active presence in all major financial
centres.
• Does not hold funds or manage accounts on behalf of customers.
MONETARY POLICY AND MANAGEMENT
OF FINANCIAL SYSTEMS
1. OVERNIGHT POLICY RATE (OPR)
OPR is overnight interest rate set by Bank Negara which is the rate a
borrowing bank has to pay a lending bank for the funds borrowed.
MONETARY POLICY AND MANAGEMENT OF
FINANCIAL SYSTEMS
AMLATFA
LAUNDRY
REAL
RESTAURANT ESTATE
TRADITIONAL
METHODS
ANTI MONEY LAUNDERING AND ANTI-
TERRORISM FINANCING ACT 2001 (AMLATFA)
• d) Staff training
-Provide on-going education in the financial institutions’
procedures to recognise and report money laundering.