# data[].attributes.headline
Please introduce yourself using a movie/ a cartoon/ an anime character that resemble your personality/character. Thank you.

# data[].attributes.subject
Please introduce yourself using a movie/ a cartoon/ an anime character that resemble your personality/character. Thank you.

# data[].attributes.body
Hello everyone. Belle has the heart of learning, she loves reading and although she is quite passive, she is never afraid for an adventure....Because she believes that people should never stop learning, never stop improving, never giving up and always keep moving forward..And these personalities of Belle resemble myself, I am Madam Ninalyn...Nice to meet you all!

# data[].attributes.body
Hello everyone. so, here is one of character from movie "Alvin and The Chipmunks". His name is Alvin Seville the leaders and the oldest among these three chipmunks. Alvin is very active person, trouble makers but usually responsible for all of the trouble. He is also naughty.... like to flirting with girls. and these personalities active and naughty resemble myself. But I am Good Boy... I guess . My name is Fellnado Ellneus Jarnis, From Kudat, Sabah... Nice to meet you all!!!!

# data[].attributes.body
In personality, sasuke is described as a smart, ambitious, stubborn, likes challenging, and arrogant ninja. He grows in a situation that required him to be the best ninja in order to reach his goal. And these personalities of SASUKE resemble myself , I am HUSIEN BIN MOHD OSMAN SUNARIO@SUNARIO.. nice to meet you all , CHIDORI ⚡️⚡️ !!

# data[].attributes.body
In personality, sasuke is described as a smart, ambitious, stubborn, likes challenging, and arrogant ninja. He grows in a situation that required him to be the best ninja in order to reach his goal. And these personalities of SASUKE resemble myself , I am HUSIEN BIN MOHD OSMAN SUNARIO@SUNARIO.. nice to meet you all , CHIDORI ⚡️⚡️ !!

# data[].attributes.body
Hi everyone! Here is a picture of 'Alone' just kidding just read the word from back so it can be 'Enola'. Yeah Enola Holmes is the best movie character that I've been watching during my last semester break. She is an active person since she kid. She kind-hearted person. She love to do the adventures activities, and the most important thing is she's quite independent person... and yeah the characteristic of Enola like myself, let me introduce myself. I am Qurratu'aini ><, I'm from Pahang and nice to know you madam also my fellow friends <3

# data[].attributes.body
Hello Madam Ninalyn and everyone ! I am Camelia Joseph. I would love to describe myself as Moana because she is a very headstrong,  good-hearted, inspiring, curious, intelligent, brave, spirited, manipulative, stubborn, impatient, charismatic as well as sea-loving as i love sea the most especially during the sunset moments 🌇🌞 Moana's characteristics @ personalities resemble mysel 🌹

# data[].attributes.body
Hello everyone, Naruto began his journey as the incompetent outcast of his ninja school, only for the fans to cheer and cry as they watched him work and scrape to the top, training with the perviest of sages, fighting off the most powerful ninjas, and still finding time to look after his friends. But his never stop learning and never giving up and these personalities of Naruto resemble myself, I'm Sabdy Sakius. Nice to meet you all🤗

# data[].attributes.body
Hello everyone.Jasmine is a incredibly indepent,she is also strong and she is not afraid to speak her mind.she wants to live a life where she is free to make her own choices..Jasmine is extremely compassionate and caring towards her family and her friends. The personalities of Jasmine resemble myself,I am Nurnazwa Atiyah binti sani from Kota Kinabalu,Sabah.Nice to meet you all !

# data[].attributes.body
Nala is sassy, defensive of her own accomplishments, and giving her best friend cheek when prompted. Though Simba sometimes tries to claim her ideas as his own, Nala will not stand for being overlooked and is clever and strong enough to do something about it. Despite this, Nala is an encouraging friend, kind to Simba even when he makes an error, no matter what he says or does, she maintains the friendship, grieving heavily when he supposedly dies. Nala personalities resembles me. Hello everyone, my name is Nurul Afiqah Ridhuah Binti Mohamad. I'm from Selangor. Nice to meet you !

# data[].attributes.body
Hello everyone. He is my favourite and comfort character in anime which is Sugawara senpai, I mean Sugawara Koushi. His personality describes me. It's because he has a gentle personality, very supportive character and not giving up on his dreams. He is also encourages people which is his teammates to never give up, no matter how hard the situation might be. So his personalities resemble myself, I kin him and i love him so much. I almost forgot to introduce myself, my name is Nurul Nazira Binti Rusli, you guys can call me Nazira or Naz or everything you want and I am from Tawau, Sabah. Nice to meet you all, takecare and stay safe!! <3❤❤

# data[].attributes.body
Elle Evans is a quirky and emotionally driven teen but she is very concerned with Lee which is her best friend. She such a independent and wonderful women who always sacrifice anything for the people she loves especially her family and her best friend. Her friendship with Lee is just hardcore solid, so she would never dare to break one of the rules they established to maintain their relationship. Elle must set aside her own happiness for others. Her personalities resemble to myself, I am Nurul Aisyah and you all can call me Aisyah🤍

# data[].attributes.body
Hello Madam and friends, if I had to choose a cartoon character that resembled me, it would be Eren Yeager. Eren is very determined. Eren is described as hard -headed, strong -willed, passionate, and impulsive. I am Mohamad Alif from Shah Alam, Selangor. Nice to meet you, madam!

# data[].attributes.body
MALEFICENT . Many people believe that Maleficent emphasises the evil but actually maleficent features of a woman with a kind heart who loves her family, particularly her daughter, Princess Aurora. She is a brilliant strategist, always beware of her enemy and difficult to trust people. She does not back down when she is abused by others instead, she fights to protect herself and to maintain justice. Maleficent personality resemble me and my name is AB FARAHANIE  , you can call me abby . Im from sandakan , sabah .

# data[].attributes.body
Hi madam and fellow friends, my favourite movie character is Mulan. She is a different princess from any other Disney princesses. Mulan is a character that have courageous, and more independent. I think i have the same personality with her such as her clumsiness. Anyway, my name is Nurul Neylam Raudhah, neylam for short. 🤍

# data[].attributes.body
Hello there, this is Hwajeong. She has a golden heart and is always concerned about others, particularly her family. Despite the fact that she had always been hurt, she never held grudges. She has also had a difficult life, which has made her stronger. Not to mention, she has a knack for cooking. These are traits that I see in her that I recognise in myself. I am Siti Nafisah and it is a pleasure to meet you all :)

# data[].attributes.body
Asuna Yuuki is a kind and helpful young woman. She cant abandon another person in trouble even at the risk of her own life. She is a person who is focused on facing a problem and is willing to solve it well. Asuna is also somewhat proud and is not afraid to get physical with those that challenge her authority or skills. She isn't afraid to act out on her own and will take matters in her own hands from time to time when its needed. These personalities of Asuuna resemble myself. Hello! my name is Salizah. Nice to meet u all✨

# data[].attributes.body
Moana can be briefly described as a wonderful person, she has a strong-willed and curious desire to know more about the outside world. It makes her approach new experiences and tasks with the utmost seriousness and will stand her ground to fight for what she values even when all seems lost. These personalities enable her to think smartly and refuse to give up and keep on going with her strength and bravery even though she has a lack of experiences. Dedication and determination is a principle she holds resemble of myself, I am Siti Nur Zulaikha and I’m from Labuan,Pearl of Borneo. Nice to meet you all!☺️

-No one can define who you are, other than yourself❤️‍🔥
#staysafe

# data[].attributes.body
Hello madam and everyone! My name is Nurul Farhanah. Here's the character that I would like to introduce as it resemble to myself. Her name is Erika from the Barbie and the Pauper movie. She is a person who always want to help everybody around her with all the heart. Besides, she always trying to do what she wants by herself without expecting others . I think that's all from me and nice to meet you✨✨

# data[].attributes.body
Hello Madam Ninalyn and my fellow friends. Here's one of my favorite princess from movie " The Brave".  Merida is very bold, brave, stubborn, independence and headstrong girls. She don't like to rely on her prince to come sweep her away. Because her desires is to make a name of herself and be someone, to be a girl of independence. I think these personalities resemble myself. My name is Nurul Qhyizatul Nafizah Bt Suhaimi from Sandakan Sabah and it is really nice to know you all, can't wait to meet all of you in person! :)

# data[].attributes.body
Hello everyone 🤗 I choose smurfette as my cartoon character from smurf movie 💙 It is because smurfette loves herself and (most) everyone around her. She is driven by the passion she has for her interests, the love she has for those around her. She also hates when people try to step in when she's trying to defend herself. Smurfette loves her friends, animals, and nature. She hates messes and functions best in neat, well-kept environments (such as her own house) and doesnt have time for people who put other people down. Lastly, she is willingly helping out where she can in her life. Last but not least my name is NURUL HANIS SOFEA BINTI MOHD HAFIZ and you can call me Hanis. Yah I think that’s all from me, Thank you 🥰 Nice to meet you 😙

# data[].attributes.body
Hello everyone. Luffy is portrayed as a carefree, happy-go-lucky character with great ambition and a huge appetite, often thinking with his stomach and comically gorging himself. Optimistic and generally good-hearted, he is not as dimwitted as many believe him to be, and he often demonstrates more understanding than the other characters expect. Luffy's personality resemble me and my name is Ahmad Nasih Ulwan bin Khairool Fariez. I'm from Rawang, Selangor. Nice to know all of you😁😁😁

# data[].attributes.body
Hello madam and friends, if I have to choose a cartoon character that resemble me, it will be Merida. Merida is brave, tough, adventurous and a girl with softness of heart. I’m Vergenia Wong Fung Ling from Keningau, Sabah. Nice to meet you guys 🥰

# data[].attributes.body
Hi madam and hi everyone .. I choose Elsa because she is quite introvert and willing to protect her family and everyone around her. She might looks cold and scary outside but inside she has a warm heart and she is seen as shy.. her personalities resemble myself as I am also introverted and a shy person.. Let me introduce myself my name is Syarifatul Fatihah and I'm from Ranau, Sabah.. Nice to meet you.. 😊

# data[].attributes.attachment_link.title
Elsa_ Snow Queen and Fifth Spirit_Guardian by Ariana3000 on DeviantArt

# data[].attributes.body
Assalammualaikum and good evening everyone. I would like to describe myself as Dorry in Finding Nemo. What make she is me and me is she, is that she easily forgot things. She also have a good heart, always like to help people, friendly and always have a positive thinking no matter what happen. But whats describe me the most is, easliy to forget things la.. hehe.. By the way, my name is NUR AJIERA IZZATI BINTI KAHAR from Kota Kinabalu.. Peace no war ✌🏻

# data[].attributes.body
Hello everyone. Vanellope is extremely energetic, talkative and childish. Vanellope refuses to stand down without a fight and shows efficiency in reaching her goals for the most part. Vanellope is also an enthusiastic dreamer. In truth, she is sensitive and vulnerable beneath her rough exterior, wanting nothing more than to be accepted by the inhabitants of her game despite said inhabitants constantly mistreating her, both physically and mentally. However, she is very forgiving in this regard and is evidently reluctant to hold grudges. I am Maelisa Asmin from Kota Kinabalu, Sabah.

# data[].attributes.headline
Please fill in your group members names here. Tq

# data[].attributes.subject
Please fill in your group members names here. Tq

# data[].attributes.body
https://docs.google.com/spreadsheets/d/1B4MM5BRCvijBLZhCrKEQjiUvUn5rjFwapCHOfs1KHiU/edit?usp=sharing

# data[].attributes.body
Hello! My name is Sahrina binti Sabir and the character I picked is Raya from the disney movie, Raya and the last dragon. Raya is a headstrong woman that is wisened for someone her age.  Not only that, she retains a sense of humor and a bit playful. And most of the personality resemble me and I am Sahrina. Nice to know you madam, can't wait for Raya to meet Belle!

# data[].attributes.body
Anne, a red-haired Canadian orphan, is an imaginative, loyal, stubborn, high-spirited girl who speaks her mind and the most idealistic kindred spirit you'll ever meet. These personalities resemble myself, I'm one who will always speak my mind when there is something really needs to be said even though I'm not a talkative person. She's intelligent and always looks for the best in each person she comes across (unless they've personally insulted her). Anne is a dreamer who makes the best of every situation even when there doesn't seem to be much hope and that is totally me! Even if I have pile of work and assignments that doesn't seem like it will be done anytime soon because I keep on procrastinating but I will make sure everything goes smoothly no matter what happens. Hi! I am Nur Yasmin Alia Bt Mohd Mazlan from Selangor. Nice to know all of you!!

# data[].attributes.body
Create a poster of ONE Commercial Bank or Islamic Bank that we have in Malaysia (for example CIMB, Bank Islam, Maybank, etc). The poster must include the bank's functions (give examples of products or services that they offer). How the poster is made will depend on your creativity but make sure that the information is clear and interesting - make it simple. Post your poster here. Remember to write down your name ya. Thank you.

# data[].attributes.body
Sabdy Sakius
(2020876062)

# data[].attributes.body
NURUL FARHANAH BINTI KHAIRUL SHOBAH

# data[].attributes.attachment_caption
SYARIFATUL FATIHAH BINTI KAMRUL ZAMAN (2020877324)

# data[].attributes.attachment_link.title
institution that carries on banking business.

# data[].attributes.body
MAELISA BINTI ASMIN (2020881316)

# data[].attributes.attachment_caption
SITI NAFISAH BINTI MOHAMAD NOR (2020891918)

# data[].attributes.body
NURUL NAZIRA BINTI RUSLI (2020479148)

# data[].attributes.attachment_caption
NURUL AISYAH BINTI KAMARUDIN (2020846454)

# data[].attributes.body
NURUL AFIQAH RIDHUAH BINTI MOHAMAD (2020833026)

# data[].attributes.attachment_link.title
Pink and Cream Illustration Classroom Rules Poster

# data[].attributes.attachment_caption
NURUL HANIS SOFEA BINTI MOHD HAFIZ (2020895886)

# data[].attributes.body
AHMAD NASIH ULWAN BIN KHAIROOL FARIEZ (2020825078)

# data[].attributes.body
CAMELIA JOSEPH (2020452226)

# data[].attributes.attachment_link.title
Light Blue Super Swiss Internet Safety Poster (1)

# data[].attributes.body
VERGENIA WONG FUNG LING (2020863564)

# data[].attributes.body
NURUL QHYIZATUL NAFIZAH BINTI SUHAIMI (2020452364)

# data[].attributes.body
MOHAMAD ALIF BIN MOHAMAD YUSRI (2020452338)

# data[].attributes.body
NURUL QHYIZATUL NAFIZAH BINTI SUHAIMI (2020452364)

# data[].attributes.body
QURRATU'AINI BT ZULFA (2020473088)

# data[].attributes.body
NUR YASMIN ALIA BINTI MOHD MAZLAN (2020458664)

# data[].attributes.attachment_caption
NUR AJIERA IZZATI BINTI KAHAR (2020445704)

# data[].attributes.attachment_link.title
Bank Islam Malaysia Berhad is the first Shariah-compliant banking institution in Malaysia and South East Asia, and has been playing the leading role in the development of the nation’s Islamic banking industry. The

# data[].attributes.headline
Siti Nur Zulaikha Binti Mohd Zaki (20202494662)

# data[].attributes.subject
Siti Nur Zulaikha Binti Mohd Zaki (20202494662)

# data[].attributes.body
Write your opinion about the issue emphasized by the author. Why do you think the FSA and IFSA are important?

# data[].attributes.attachment_link.title
Malaysia’s new financial services regulatory framework — Financier Worldwide

# data[].attributes.attachment_link.description
Since 2001, Financier Worldwide has been providing valuable information on corporate finance and board-level business issues through its monthly print magazine and exclusive website content. As a leading publisher of news and analysis on this dynamic global market,…

# data[].attributes.body
Read the news via the link given above. Share any one lesson that you can learn from the article which is relevant with chapter 4. Thank you.

# data[].attributes.body
One lesson I learned from this article was that the government should impose more scrutiny in DFI loan approval practices in order to combat abuse of power in DFIs. Thus, the problems associated with Approval of projects with the cooperation of insiders, deliberately creating illegal projects with the intention of applying for financial loans can be curbed immediately.

# data[].attributes.body
One lesson that I learned from the article is the government must look into the commerciality and credit worthiness of loan applicants, as well as the projects involved as a lender because investment banks are not allowed to operate current accounts and saving accounts.

# data[].attributes.headline
Siti Nur Zulaikha Binti Mohd Zaki (2020494662)

# data[].attributes.subject
Siti Nur Zulaikha Binti Mohd Zaki (2020494662)

# data[].attributes.body
(DFIs) are regulated and supervised under the Development Financial Institutions Act 2002 (DFIA), to ensure financial and operational soundness, similar to the regulations imposed on commercial banks. Besides, DFIs are private organizations where use of discrepancies in loan approval is not subject to scrutiny. Internal security practices are available and enforced. Thus, personal accountability is currently the mechanism employed to combat power abuses in DFIs, which is a reactive rather than proactive approach.

# data[].attributes.headline
Siti Nur Zulaikha Binti Mohd Zaki (2020494662)

# data[].attributes.subject
Siti Nur Zulaikha Binti Mohd Zaki (2020494662)

# data[].attributes.body
In my opinion, the Financial Services Act 2013 (FSA) and the Islamic Financial Services Act 2013 (IFSA) are important because they contain provisions to enable Bank Negara Malaysia (BNM) to observe its duties more efficiently.

The FSA empowers the financial regulator by creating the concept of Financial Holding Company (FHC) that can only carry on the business of holding investments (directly or indirectly) in corporations which are primarily engaged in financial services, unless otherwise approved by BNM. Meanwhile, IFSA aims to enhance financial stability and Shariah compliance, as well as to strengthen Islamic financial institution regulation.

# data[].attributes.body
In my opinion, both the Financial Services Act 2013 (FSA) and the Islamic Financial Service Act  are important because both the Act provide more precise regulation and supervision of all the financial institutions. As for FSA, it provides more detail about regulation and empowers all the financial regulators of BNM to ensure the safety of financial institutions by introducing Financial Holding Company. Other than that, the FSA also grants BNM the authority to take various actions to ensure the financial service providers are fair, which gives the consumer more protection and ensures all the financial providers conduct the business properly . Meanwhile,  for IFSA, it centred on financial stability and promoted compliance with the Shariah principle in every operation, business, affairs and activities.

# data[].attributes.body
DFIs provide various specialized financial products and services  such as long-term loans to support socioeconomic growth and expansion. Other than focusing on developing sectors in our country, they should hold more responsibility to investigate the loan applicants and the project information to prevent non-compliance from happening.

# data[].attributes.body
One lesson that I learn from the article is DFIs assist socioeconomic growth and expansion by offering a variety of specialised financial goods and services, such as long-term loans. Apart from focusing on our country's developing industries and because investment banks are not permitted to operate current and savings accounts, they should take greater responsibility for investigating loan applicants and project details to prevent non-compliance.

# data[].attributes.body
Based on the article, since DFIs are specialised institutions established by the government to provide a range of specialised financial products and services to suit the specific needs of the targeted strategic sectors, I learned that it is important to rigorous the lending standards as the current one has affect the institution in a bad way as many bad and illegal business purposes has been done.

# data[].attributes.body
According to the article, one lesson I can learn is that the government should increase supervision of DFI loan approval methods in order to counteract DFI power abuse. This is due to the fact that DFIs are private entities, and the use of disparities in loan applications is not scrutinized. They should also be in charge of conducting more in-depth investigations on loan applicants and project details.

# data[].attributes.body
In my opinion, the Financial Services Act 2013 (FSA) and the Islamic Financial Services Act 2013 (IFSA) are important because both of the services incorporates strengthened provisions to regulate payment system operators and payment instrument. The FSA empowers financial regulator, namely Bank Negara Malaysia to exercise oversight over financial group. Meanwhile, for IFSA, it aims to promote compliance with Shariah principles based upon various types of Shariah contracts.

# data[].attributes.body
One lesson that I learned from the article is the objectives of Development Financial Institutions (DFIs) is to promote investment and to complement the banking institution's role. Besides, DFIs must ensure compliance and apply a rigorous process similar to commercial banks even though socioeconomic aspects are attached the loans.

# data[].attributes.body
In my opinion, the Financial Services Act 2013 (FSA) and Islamic Financial Services Act 2013 (IFSA) are important because both of these acts provide regulation and supervision of financial institutions. The FSA empowers the financial regulator, namely the Central Bank of Malaysia, also commonly known as Bank Negara Malaysia (BNM), to exercise oversight over financial groups by introducing the concept of a Financial Holding Company (FHC). For the IFSA, it entrenches the role of BNM as Shariah regulator and intends to strengthen the foundations for end-to-end Shariah governance and compliance.

# data[].attributes.body
A lesson that I learned from this article is that DFIs are regulated and supervised under the Development Financial Institutions Act 2002 (DFIA) to ensure financial and operational soundness, similar to the regulations imposed on commercial banks. Besides, I also learned that DFIs must assess loan applications as rigorously as commercial banks do to reduce non-compliance despite carrying specific mandates to develop and promote strategic sectors of the country.

# data[].attributes.body
In my opinion, that the Financial Service Art 2013 (FSA) and Islamic Financial Service Art 2013 (IFSA) are important because both of the service are provide consequential or incidental matters. In FSA. the Prudential Requirements in Section 66 Publication of financial statements it is for the Bank require that the financial statement shall audited before any publication under subsection.
IFSA major provision also emphasize Shariah Requirements, in Section 28 and Section 30 were mentioned about this, that are the Duty of institution to ensure compliance with Shariah and Establishment of Shariah Committee.

# data[].attributes.body
In my opinion, the FSA and IFSA are important because both Acts are the most significant pieces of legislation to impact the Malaysian financial services industry when they come into force. Both Acts were introduced to provide for the regulation and supervision of financial institutions, payment systems and other relevant entities, as well as oversight of the money market and the foreign exchange market. For FSA, defined as a company which holds an aggregate of more than 50 percent interest in shares in a licensed entity, or holds an aggregate of less than 50 percent of shares but has control in a licensed entity. Both Acts aims for to promote compliance, but IFSA imposes stringent requirements on Shariah governance mechanisms and caters to the specificities of Islamic financial products and operations which are based upon various types of Shariah contracts.

# data[].attributes.body
One lesson that I can learn from the article is DFIs are also reminded to look into the commerciality and credit worthiness of loan applicants, as well as the projects involved as a lender. DFIs also must ensure compliance and apply a rigorous process similar to commercial banks even though socioeconomic aspects are attached to the loans.

# data[].attributes.headline
Mohamad Alif bin Mohamad Yusri (2020452338)

# data[].attributes.subject
Mohamad Alif bin Mohamad Yusri (2020452338)

# data[].attributes.body
The Art of Financial Services Act 2013 (FSA) and the Islamic Financial Services Act 2013 (IFSA), in my opinion, are crucial since they both provide services for non-essential or incidental purposes. The Financial Services Authority (FSA) enables the Malaysian financial regulator, Bank Negara Malaysia (BNM). It is to introduce a Financial Holding Company to safeguard the security of financial institutions. Furthermore, the IFSA intends to improve financial stability and Shariah compliance, as well as boost Islamic financial institution regulation.

# data[].attributes.headline
Nurul Afiqah Ridhuah Mohamad (2020833026)

# data[].attributes.subject
Nurul Afiqah Ridhuah Mohamad (2020833026)

# data[].attributes.body
In my opinion, The Financial Services 2013(FSA) and the Islamic Financial Services Act 2013(IFSA) are important because both Acts were intended to regulate and supervise financial institutions, payment systems, and other relevant entities, as well as offer control of the money and foreign exchange markets. The FSA authorizes the financial regulator which is Bank Negara Malaysia (BNM), to exercise oversight over financial groups by creating the concept of a Financial Holding Company (FHC) where can only carry on the business of holding investments (directly or indirectly) in corporations which are primarily engaged in financial services, unless otherwise approved by BNM. Meanwhile for the IFSA it aims to promote compliance with Shariah principles by entrenches BNM’s role as Shariah regulator, imposes stringent requirements on Shariah governance mechanisms and caters to the specificities of Islamic financial products and operations based upon various types of Shariah contracts.

# data[].attributes.body
In my opinion FSA and IFSA is important because both provide regulation and supervision of financial institutions, payment systems and other relevant entities, as well as oversight of the money market and the foreign exchange market. Their principal regulatory objective is to promote financial stability by fostering the safety and soundness of financial institutions, the integrity of the money market and foreign exchange market, business conduct of financial institutions, and consumer protection. The FSA and IFSA contain provisions that enable Bank Negara Malaysia to effectively perform its oversight role. In general, this includes empowering Bank Negara Malaysia to specify standards, as well as, to issue directions, for the purpose of ensuring the safety, integrity, efficiency and reliability of the payment systems and payment instruments.

# data[].attributes.body
Based on the article, DFIs are regulated and supervised under the Development Financial Institutions Act 2002 (DFIA), to ensure financial and operational soundness, similar to the regulations imposed on commercial banks. Besides, DFIs are specialised institutions established by the government to provide a range of specialised financial products and services to suit the specific needs of the targeted strategic sectors. I learned that it is important for DFIs to set the standard or do more investigation before lending a loan due to some bad or illegal business has been done before.

# data[].attributes.body
In my opinion, the FSA and IFSA are important because to promote financial stability by fostering the security and soundness of financial institutions, money market integrity and foreign exchange markets, business conduct of financial institutions, and consumer protection. In addition, the FSA empowers the financial regulator, namely Bank Negara Malaysia(BNM), to exercise oversight over financial groups by introducing the concept of Financial Holding Company (FHC).The IFSA also aims to promote compliance with Shariah principles. it strengthens BNM's role as a Shariah regulator, imposes stringent requirements on Shariah governance mechanisms and caters to the specifics of Islamic financial products and operations based on various types of Shariah contracts.

# data[].attributes.body
Based on the article given, I can learn that the DFIs offer a variety of  financial goods and services, such as long-term loans to help people establish and expand their businesses. In the article, I can see that they need to be more obedient and care about the financial institution terms. For instance, they need to implement stricter assertions and a good responsible in researching loan applicants and project specifics to prevent any non-compliance and unlawful enterprise.

# data[].attributes.body
What I learn from the article is that the DFI need to improve more in their system in loan too meet the lending standard. As it is a specialised institution that create by the government and it is also under the BNM. They also have a potential in future to be the best and will become the trustful medium in any financial management

# data[].attributes.body
In my opinion on why Financial Services Act 2013 (FSA) and the Islamic Financial Services Act 2013 (IFSA) are important because both promote safe, efficient and reliable payment systems and instruments. The Financial Services Act 2013 (FSA) provides a consumer protection and proper business conduct while Islamic Financial Services Act 2013 (IFSA) offer Syariah governance and compliance. We need both because it related to each other.

# data[].attributes.body
One lesson that I learn from the article is DFIs must maintain the commerciality and credit worthiness of loan applicants, as well as the projects as lender to support the nation’s socio-economic objectives. DFIs are private entities where the exercise of discretions in approving loans is not exposed for public scrutiny. Based on article, the issue such as criminal intention to defraud, conflict of interest and corruption may occur, so they need to be more careful and rigorous approach is needed to monitor all DFIs board skill sets.

# data[].attributes.body
Read the following news article. Briefly explain one lesson you can learn from this news article - relate it with Chapter 5.

# data[].attributes.attachment_link.title
Malaysian capital markets remain vibrant, gross funds raised increased 16.3% to RM163b as at July 2021

# data[].attributes.attachment_link.description
KUALA LUMPUR (Oct 29): Malaysia’s capital markets remained vibrant, with gross funds raised increasing by 13.4% to RM163 billion as at the end of July 2021 from a year ago, according to the Economic Outlook 2022 Report published by the Ministry of Finance (MoF) on Friday.Fundraising activities in th…

# data[].attributes.body
In my point of view, FSA and IFSA are important as it strengthen the regulation and legislation of financial services industry in Malaysia. Both acts purpose is to promote financial stability. For instance, FSA authorize BNM to has control over financial groups by introducing the concept of FHC, consumer protection and proper business conduct and the powers of BNM. Meanwhile, IFSA aims to promote compliance with Shariah principles. FSA and IFSA helps to increased the regulation and corporate accountability compared to the previous regime.

# data[].attributes.body
One lesson that I have learned from the article is Development Finance Institutions (DFIs) is playing the role to ensure that the financial and operational soundness similar to the regulations imposed on commercial banks. It is purposely applied in the project to avoid criminal intention to defraud, conflict of interest and corruption which may lead to human error and bad business judgement.

# data[].attributes.body
In my opinion the author is emphasized about the key provisions of the Financial Services Act 2013 (FSA) and  Islamic Financial Services Act 2013 (IFSA).  Both legislations are important because it  provide for the regulation and supervision of financial institutions, payment systems and other relevant entities. The FSA empowers the financial regulator which is Central Bank of Malaysia (BNM) to exercise oversight over financial groups by introducing the concept of Financial Holding Company (FHC). FHC can only carry the business of holding investment directly and indirectly in corporation. where as for IFSA is strengthen the foundations for Shariah governance and compliance. The IFSA statutorily enforces management of Shariah non-compliance risk and requires the Islamic Financial Institutions to ensure their aims, operations and activities are in compliance with the Shariah principles.

# data[].attributes.body
Based on the article, DFIs are regulated and supervised under the Development Financial Institutions Act 2002 (DFIA), to ensure financial and operational soundness, similar to the regulations imposed on commercial banks. And DFI also are specialised institutions established by the government  to provide a range of specialised financial products and services to suit the specific needs of the targeted strategic sectors. By that, one lesson that I learned is the DFIs need to rigorous the lending standards as commercial banks do and in this way cases of fraud, conflicts of interest and corruption can be avoided.

# data[].attributes.body
From this article, we can see that the Malaysia's capital markets was increase as at the end of July 2021. The fundraising activities in capital market has show an improvement. Malaysia's  capital market was largely contributed by the private sector. One lesson that I learned is that capital markets function is to allow governments to raise funds from investors to finance them public development programs. As described by Mof  the funds raised were mainly used to finance infrastructure projects, new business activities and working capital. The fund raised by the government  is to finance development expenditure and stimulus packages. Capital market is very important to country long term financial needs as it efficiently direct the flow of savings and investment by facilitating the accumulation of capital and the production of goods and services.

# data[].attributes.headline
Siti Nafisah Binti Mohamad Nor (2020891918)

# data[].attributes.subject
Siti Nafisah Binti Mohamad Nor (2020891918)

# data[].attributes.body
According to the report, DFIs offer a wide range of specialised financial products and services. I discovered that our government have to be more concerned about the commerciality and creditworthiness of loan applicants in our country.

# data[].attributes.headline
Siti Nafisah Binti Mohamad Nor (2020891918)

# data[].attributes.subject
Siti Nafisah Binti Mohamad Nor (2020891918)

# data[].attributes.body
After reading the article, I concluded that the FSA and IFSA are significant since they reinforce the regulation and legislation of Malaysia's financial services business. Moreover, The Financial Services Act of 2013, FSA, protects consumers and ensures good corporate practises, whilst Islamic (IFSA) provides syariah governance and compliance. As a result, we require both services to improve our financial situation.

# data[].attributes.body
One lesson that I can learn is capital market is a place to trade in long-term securities. For example, Malaysia bonds inflows have reached RM20.8 billion and it benefited from international investors with higher risk. Equity capital markets, total of RM1.8 billion were raised through new issuance of initial public offerings (IPO). Equity market means place to trade equity securities such as common stocks and preferred stocks.

# data[].attributes.body
One lesson that I have learned from this news article is that Malaysia's has successfully raised funds by 13.4%. Besides, the funds is used to finance infrastructure projects, new business activities and working capital. Additionally, medium term notes are the most popular among corporate bonds issued.

# data[].attributes.body
One thing I ’ve learned away from the article is that one of the functions of the capital market is to allow the government to raise funds from investors to support public development projects. The funds obtained, for example, were largely used to fund infrastructure projects, new company operations, and working capital, according to the report.

# data[].attributes.body
One lesson that I have learned from the article is even public sector's capital market drop marginally but because of private sector have an improvement on capital market, it is also gave benefit on Malaysia economy. Government also raised fund from investor especially from international investor that have a higher risk and higher  return fixed  income assets. Governemnt enable to finance development expenditure and stimulus packages as at end-July 2021 as written at the article.

# data[].attributes.headline
Siti Nur Zulaikha Binti Mohd Zali (2020494662)

# data[].attributes.subject
Siti Nur Zulaikha Binti Mohd Zali (2020494662)

# data[].attributes.body
Capital markets and bond markets are very helpful to raise funds in the private sector and the public sector. The funds obtained were largely used to support infrastructure improvements and new company operations.

# data[].attributes.body
One thing I took up from the article is that a functional capital market allows the government to raise funding from investors. This is intended to finance public development projects carried out by them. It is one of the precautions taken with the cash obtained to fuel new company operations, infrastructure initiatives, and working capital. As a result, the capital market is critical to the country's long-term financial needs.

# data[].attributes.body
Why Central Banks around the world want to use Central Bank Digital Currencies (CBDCs)? Explain ONE possible impact if BNM decide to implement the use of CBDCs for international settlements.

# data[].attributes.attachment_link.readable_text
KUALA LUMPUR (Sept 2): Bank Negara Malaysia (BNM) said it will be joining forces with the Bank for International Settlements (BIS) Innovation Hub, Reserve Bank of Australia (RBA), Monetary Authority of Singapore (MAS) and South African Reserve Bank (SARB) to test the use of central bank digital currencies (CBDCs) for international settlements.

In a statement, BNM said the project, dubbed Project Dunbar, aims to develop prototype shared platforms for cross-border transactions using multiple CBDCs, which will allow financial institutions to transact directly with each other in the digital currencies issued by participating central banks.

It said this will eliminate the need for intermediaries and also reduce the time and cost of transactions.

"Project Dunbar brings together central banks with years of experience and unique perspectives in CBDC projects and ecosystem partners at advanced stages of technical development of digital currencies.

"With this group of capable and passionate partners, we are confident that our work on multi-CBDCs for international settlements will break new ground in this next stage of CBDC experimentation and lay the foundation for global payment connectivity," said BIS Innovation Hub Singapore centre head Andrew McCormack.

BNM assistant governor Fraziali Ismail, meanwhile, said the multi-CBDC platform explored under the project has the potential to "leapfrog the legacy payment arrangements" and serve as the foundation for a more efficient international settlement platform.

"We hope the project will spur greater public-private collaboration to enable fast and frictionless cross-border payments, combining both the benefits of distributed ledger technology and the efficiency of a common platform," he said.

Those in the project will be working with multiple partners to develop technical prototypes of different distributed ledger technology platforms.

BNM said the project will also explore different governance and operating designs that enable central banks to share CBDC infrastructure, benefiting from the collaboration between public- and private-sector experts in different jurisdictions and areas of operation.

Project Dunbar will be exploring the international dimension of CBDC design, it said, and support the efforts of the Group of Twenty (G20) road map for enhancing cross-border payments.

The project expects to publish its results in early 2022, which will inform the development of future platforms for global and regional settlements.

Technical prototypes of the shared platforms, which will be developed in collaboration with different technology partners, will be demonstrated at the Singapore FinTech Festival in November 2021.

# data[].attributes.attachment_link.title
BNM joins forces with Australian, Singapore, South African central banks to test central bank digital currencies

# data[].attributes.attachment_link.description
Bank Negara Malaysia (BNM) said it will be joining forces with the Bank for International Settlements (BIS) Innovation Hub, Reserve Bank of Australia (RBA), Monetary Authority of Singapore (MAS) and South African Reserve Bank (SARB) to test the use of central bank digital currencies (CBDCs) for international settlements.

# data[].attributes.body
According to this article, we can see here that the Central Banks around the world want to use Central Bank Digital Currencies is because it can help for international settlement. CBDCs allow the financial institutions transact directly with each other in digital currency issued by participating central banks. If BNM want to use CBDCs for international settlements, the cross -border payments will be faster, easier and frictionless. BNM also can reduce the cost of transaction and reduce time taken to transact.

# data[].attributes.headline
AHMAD NASIH ULWAN BIN KHAIROOL FARIEZ (2020825078)

# data[].attributes.subject
AHMAD NASIH ULWAN BIN KHAIROOL FARIEZ (2020825078)

# data[].attributes.body
Central Banks around the world want to use Central Bank Digital Currencies (CBDCs) to provide safe and efficient payments. One possible impact if BNM decide to implement the use of CBDCs for international settlements enable fast and frictionless cross-border payments in a more efficient international settlement platform.

# data[].attributes.body
Based on the article, we can conclude that there are a lot of Central Banks around the world want to use the CBDC platform as it provides a lot of convenience in conducting transactions with other banks. In my opinion, one possible impact if BNM want to use CBDC is it can help in develop in the area of banking organization in having more efficient transaction process. So, by doing this there will be allow frictionless cross-border payments by combining the advantages of distributed ledger technology that causes an efficiency of a single platform.

# data[].attributes.body
All Central Banks around the world want to use CBDCs because it will allow financial institutions to transact directly with each other in the digital currencies issued by participating central banks. At the same time, it will also eliminate the need for intermediaries and also reduce the time and cost of transactions. However, one possible impact if BNM decide to implement the use of CBDCs for international settlements is the reduced transaction costs of a CBDC could exacerbate bank runs as a structural shift away from transactions in some money markets could affect the
robustness of critical interest rate indices.

# data[].attributes.body
One lesson that I learn from this article is the importance of fundraising activities in capital markets by the public sector as it is mainly used to finance infrastructure projects, new business activities and working capital. MoF wrote that the funds raised by the government were deployed to finance development expenditure and stimulus packages as at end-July 2021.

# data[].attributes.body
According to the article, we can see that by using multiple multiple Central Bank Digital Currencies (CBDCs), it will allow the financial institutions to transact directly with each other in the digital currencies issued by participating central banks. It said that CBDCs will eliminate the need for intermediaries and also reduce the time and cost of transactions. If Bank Negara Malaysia (BNM) decide to implement the use of CBDCs for international settlements, it will break new ground in this next stage of CBDC experimentation and lay the foundation for global payment connectivity. It is also will spur greater public-private collaboration to enable fast and frictionless cross-border payments, combining both the benefits of distributed ledger technology and also effiiciency of a common platform.

# data[].attributes.body
From this article, as we can see fundraising activities in the capital markets saw an improvement of 43.1% to RM65.6 billion by the private sector, while the public sector regressed marginally by 0.5% to RM97.4 billion according to MoF. Besides, the funds raised were mainly used to finance infrastructure projects, new business activities and working capital.