Central Bank of Malaysia Act
E46592
The Central Bank of Malaysia Act is the primary legislation that establishes and regulates Malaysia’s central bank, defining its monetary policy mandate, powers, and responsibilities over the national currency and financial system.
Aliases (2)
Statements (45)
| Predicate | Object |
|---|---|
| instanceOf |
Malaysian federal statute
→
central banking law → |
| appliesTo | Bank Negara Malaysia → |
| bindingOn |
Bank Negara Malaysia
→
public authorities in Malaysia within its scope → |
| concerns |
national currency of Malaysia
→
payment and settlement systems in Malaysia → |
| country | Malaysia → |
| defines |
functions of Bank Negara Malaysia
→
mandate of Bank Negara Malaysia → objectives of Bank Negara Malaysia → powers of Bank Negara Malaysia → |
| enforcedBy | courts of Malaysia → |
| establishes | Bank Negara Malaysia → |
| field |
banking law
→
financial regulation → monetary law → |
| grantsPower |
Bank Negara Malaysia to formulate monetary policy
→
Bank Negara Malaysia →
surface form: "Bank Negara Malaysia to issue currency"
Bank Negara Malaysia →
surface form: "Bank Negara Malaysia to regulate financial institutions as provided by law"
|
| jurisdiction | Malaysia → |
| language |
English
→
Malay → |
| legalForm | Act of Parliament → |
| objective |
to provide a legal framework for the operation of the central bank of Malaysia
→
to safeguard the value of the Malaysian currency → to support sustainable economic growth in Malaysia through monetary policy → |
| purpose |
to define the role of the central bank in the Malaysian financial system
→
to promote financial stability in Malaysia → to promote monetary stability in Malaysia → |
| regulates |
accountability and reporting obligations of Bank Negara Malaysia
→
appointment and tenure of members of the board of Bank Negara Malaysia → central banking functions in Malaysia → management of international reserves by Bank Negara Malaysia → relationship between Bank Negara Malaysia and the Government of Malaysia → |
| relatedTo |
Bank Negara Malaysia
→
Financial Services Act 2013 → Islamic Financial Services Act 2013 → |
| subject |
financial system stability in Malaysia
→
functions of the central bank of Malaysia → governance of Bank Negara Malaysia → issue of currency in Malaysia → monetary policy in Malaysia → powers of the central bank of Malaysia → |
| typeOfLaw | public law → |
Referenced by (3)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form: "Central Bank of Malaysia Act 2009"
this entity surface form: "Central Bank of Malaysia Ordinance 1958"