ASIA PACIFIC | FINANCIAL SERVICES

Bank Negara (Malaysia)

Bank Negara Malaysia, the central bank of Malaysia, is responsible for promoting monetary and financial stability and providing a conducive environment for the sustainable growth of the Malaysian economy. Bank Negara aims to achieve this by developing a sound, resilient, progressive and diversified financial sector which serves to support the economy.

Google Cloud’s contracts for financial institutions in Malaysia address Bank Negara’s requirements. We have also created mappings for both Google Cloud and Google Workspace to help you understand how we can support you with meeting Bank Negara’s requirements and assess us as an outsourced service provider. Google Cloud is committed to addressing these requirements regardless of how financial institutions choose to use our services.

Bank Negara Compliance Offerings

Learn more about the key laws, regulations, and guidelines prescribed by Bank Negara.

Bank Negara Outsourcing Policy Document

Learn more about the Bank Negara Outsourcing Policy Document and how Google Cloud can help support your Bank Negara compliance efforts.

The Bank Negara Outsourcing Policy Document addresses the requirements and expectations on financial institutions to ensure they maintain effective supervisory oversight in relation to their outsourced activity. The Bank Negara Outsourcing Policy Document provides specific guidance on: outsourcing process and management of risks, outsourcing outside Malaysia and outsourcing involving cloud services.

Risk Management in Technology (RMiT)

Learn more about the Bank Negara Risk Management in Technology (RMiT) guidelines and how Google Cloud can help support your Bank Negara compliance efforts.

The Risk Management in Technology guidelines (“RMIT guidelines'') address BNM’s expectations of how financial institutions manage their ongoing operational risks associated with the growing adoption of technology in the financial service industry. In particular, the RMIT guidelines lay out requirements for several domain areas including: cybersecurity, network resilience, risk management, data center security, implementation of internal controls, and internal audit functions.