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.
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.
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.