Asean to re-establish swap arrangement to enhance financial safety, resilience

Asean to re-establish swap arrangement to enhance financial safety, resilience

KUALA LUMPUR, April 10 — Asean is looking forward to re-establishing the Asean Swap Arrangement (ASA) to strengthen the region’s financial safety net and resilience, said the 12th Asean Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM). It noted that the regional bloc encourages further collaboration to expand financial access and enhance liquidity management, supporting intra-Asean trade and investment through the endorsed Model Op…

Malaysia and Thailand's central banks strengthen partnership to enhance cyber resilience

Bank Negara Malaysia (BNM) and Bank of Thailand (BOT) have on Thursday signed a memorandum of understanding (MoU) to strengthen joint efforts in cybersecurity and digital fraud protection. This initiative also promotes a closer working relationship between the two central banks, enabling more effective information sharing, capacity building, and the exchange of best practices, the duo said in a statement. The MoU was signed by BNM Governor Abdul…

BNM and Bank of Thailand Ink MoU on Cybersecurity, Digital Fraud - Fintech News Malaysia

Bank Negara Malaysia (BNM) and the Bank of Thailand (BOT) have signed a MoU aimed at increasing cooperation in cybersecurity and efforts to combat digital fraud. The agreement promotes a closer working relationship between the two central banks, supporting information sharing, capacity building, and the exchange of best practices. It also reflects their joint commitment to strengthening cybersecurity preparedness and enhancing the cyber resilien…