# 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.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
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
Hello, Madam Ninalyn and my fellow friends. My name is Misha Andriana Binti Mohd Mahathir. This is Merida from Movie ‘Brave’. She is my favourite Disney character because she has the same characteristics as mine. She is a brave, daring, stubborn, rebellious, headstrong girl and active in outdoor activities. Even though she is a bit stubborn, at the same time she is also a loving person to those around her. Let’s be friends ! <3

# data[].attributes.body
Hello Madam Ninalyn and all of my friends. My name is Dayangku Nur Syaza Hazira binti Pg Mohd Shahiranizam. My favourite cartoon is Rapunzel from “Tangled”. I love her because she believes in following her dream. She feels that if we’ve got a dream, then we should go for it and I really agreed with her. Also, she encourages others to pursue their passions. She has a generous heart, optimistic, enthusiastic and an outgoing personality. I think that’s all. Let’s get to know each other!!

# data[].attributes.headline
DAYANGKU NUR SYAZA HAZIRA BINTI PG MOHD SHAHIRANIZAM (2020603742)

# data[].attributes.subject
DAYANGKU NUR SYAZA HAZIRA BINTI PG MOHD SHAHIRANIZAM (2020603742)

# data[].attributes.body
MUHAMMAD IQBAL BIN SEKAK
(2020626934)

# data[].attributes.body
CHE WAN NUR AIN BINTI ABD AZIZ
2020893732

# data[].attributes.headline
DAYANG SUZIERAH ATIRAH BINTI HARUN (2020490828)

# data[].attributes.subject
DAYANG SUZIERAH ATIRAH BINTI HARUN (2020490828)

# data[].attributes.body
Hello Madam Ninalyn and all of you, my friends. My name is Nur Ellysahanis Suzaila binti Hamili. Because we have the same personality, I chose Raya from 'Raya and the Last Dragon' as my anime character. Raya is a strong, mature, and educated woman. She is also a talented individual who adjusts quickly to changing circumstances. Her greatest strength is also her greatest flaw, which is her difficulty to trust others. Moreover, Raya is very focused individual and she is adamant about seeing things through to completion. I wish to get to know each of you! ;)

# data[].attributes.body
MISHA ANDRIANA BINTI MOHD (2020497822)

# data[].attributes.body
ELIYA ATHIRA BINTI IBRAHIM (2020494722)

# data[].attributes.attachment_link.title
PROVIDING YOU SERVICES THAT WE ARE PROUD TO OFFER

# data[].attributes.body
Hello Madam Ninalyn and friends. I am Iffah Izliana. Anna from Frozen is a cartoon character that I choose to be a one that describe my personality and self. Why? She is a determined woman. But, also awkward and far from elegent. Anna willing to do anything for her sister. Me myself have five sisters! Yes, I love all of them as they are my treasure. Last, she is a heavy sleeper. If I have free time, I will spent it by sleeping!

# data[].attributes.body
Hello everyone, this is Violet Parr from the movie ‘The Incredibles’. Violet is generally shy and introverted. Despite being a superhero, she prefers to stay under the radar which I find ironically that her superpower is turning invisible. (I wish I have that superpower too). She’s timid but still possess a curious and experimental nature, willing to explore her abilities. She's mature, have observational sense of humor, kind and protective. She also displays the typical of a girl her age like losing her temper and acting awkward which I can relate completely. These traits are what I see myself in her, I am Eliya Athira binti Ibrahim. Hope we get along well :D

# data[].attributes.body
Hi all. Good job to everyone who have submitted their tutorial so far. Nicely done! I hope this activity can help with your group assignment later on. To those who have not yet submit, I hope you can also try to do this activity ya. Thank you so much!

# data[].attributes.body
Jelyn Juin (2020626554)

# 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.

# data[].attributes.body
Iffah Izliana Jaafarudin (2020613062)

# data[].attributes.attachment_caption
UMI ARABIAH BINTI MOHD SAID (2020695624) 

# data[].attributes.body
Hello madam and fellow friends. My name is Jelyn Juin. This is Hinata Hyuga. She is a fictional character in the anime and manga Naruto. I choose her because she is the only anime character that fit and match my personality. It is because, she is timid, thoughtful, and very shy. Generally, Hinata opts to think carefully before take any action, and when she does manage to muster enough self-confidence, she can surprisingly competent. That's all from me and I hope we can get along well with each other!

# data[].attributes.body
NUR ELLYSAHANIS SUZAILA BINTI HAMILI
(2020229412)

# data[].attributes.headline
EMEERA AALIYAH BINTI YUSMADY (2020874778)

# data[].attributes.subject
EMEERA AALIYAH BINTI YUSMADY (2020874778)

# data[].attributes.body
MUHAMMAD QAMARUL NABIL BIN SABRI (2020604618)

# data[].attributes.body
Hello Madam Ninalyn and my fellow friends. My name is Muhammad Qamarul Nabil Bin Sabri. Today, I chose my favorite character Luca Paguro in the movie (Luca 2021) Because we both have the same trait or behavior which is a shy person. In addition, we also have a high curiosity about something or things. Next, I was also a very kind-hearted individual who was willing to stand out towards anyone who threatened my friends. Finally, I feel very happy to get to know you all. Thank you ^o^

# data[].attributes.body
Hey there! I am Che Wan Nur Ain. As I am an INFJ person, Lisa Simpson would somewhat describe my personality. She is a warm, gentle, and determined person. Generally humble about her intelligence, except when she's actively proving it. Even though she's pleasant and likable, the precocious Lisa isn't the most engaging girl at her school. Nevertheless, she usually finds friends in the society of those who share her interests. That's all, thank you & nice to meet you, everyone!

# 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
In my opinion, The Financial Services Act 2013 is important as it provide the regulation and supervision of financial institution , payment systems and other relevant entities. Not only that, The Financial Services Act 2013 are vital to our money market and the foreign exchange market. Hence, The Islamic Financial Services Act 2013 is important because it support the effective application of Islamic contracts in offering of Islamic financial products and services.

# data[].attributes.headline
CHE WAN NUR AIN BINTI ABD AZIZ (2020893732)

# data[].attributes.subject
CHE WAN NUR AIN BINTI ABD AZIZ (2020893732)

# data[].attributes.body
In my opinion, the Financial Services Act 2013 (FSA) and the Islamic Financial Services Act 2013 (IFSA) are significant. It is because the acts were enacted to regulate and supervise financial institutions, payment systems, and other relevant entities and oversee the money market and foreign currency market. In addition, the FSA and IFSA include increased requirements to govern payment system operators and payment instrument issuers to ensure safe, efficient, and reliable payment systems and instruments. Thus, Bank Negara Malaysia (BNM) can efficiently conduct its supervisory duty owing to provisions in the FSA and IFSA. In general, this entails giving BNM the authority to set standards and issue directives to ensure the safety, integrity, efficiency, and dependability of payment systems and instruments.

# data[].attributes.body
As we know banking is playing a crucial rule in economy. If it doesn't have well management, the fall will not just impact the bank but also everyone in one's country.  Therefore, FSA 2013 and IFSA 2013 is a necessary. FSA 2013 is to provide for the regulation and supervision of financial institutions. Nothing much different to FSA, IFSA following Shariah. All of the matter must related to Shariah.

# data[].attributes.body
In my opinion, the Financial Services Act 2013 (FSA) and Islamic Financial Services Act 2013 (IFSA) are important it is because of the result of efforts to modernise Malaysia's laws governing the conduct and supervision of financial institutions in order to ensure that these laws remain relevant and effective in maintaining financial stability, supporting inclusive growth in the financial system and the economy, and providing adequate consumer protection. To conclude, FSA's and IFSA's 2013 goals are to give Bank Negara Malaysia or Central Bank of Malaysia (BNM) more authority to address future threats to financial stability in the financial sector, improve consumer protection, promote competition in the broader financial services sector, and move Malaysia closer to global financial regulation trends.

# data[].attributes.body
In my Opinion, In order to ensure safe, efficient, and reliable payment systems and instruments, the FSA and IFSA includes increased requirements to govern payment system operators and payment instrument issuers. The IFSA's goals are to promote financial stability and Shariah compliance, as well as to enhance Islamic financial institution regulation while the FSA provide for the regulation and supervision of financial institutions, payment systems and other relevant entities and the oversight of the money market and foreign exchange market to promote financial stability. Lastly, The FSA and IFSA are the result of efforts to modernize Malaysia's laws governing the conduct and supervision of financial institutions in order to ensure that these laws remain relevant and effective in maintaining financial stability, supporting inclusive growth in the financial system and the economy, and providing adequate consumer protection.

# data[].attributes.body
in my opinion, the FSA and the IFSA is important for the growth of financial development. The FSA and the IFSA is the culmination of effort in modernizing the law that govern the conduct and supervision of financial institutions in Malaysia. Also ensuring that this laws continue to be relevant and effective in maintaining and supporting inclusive growth, while providing adequate protection for consumers. The FSA and the IFSA work as the regulatory and supervisory that oversight our country's financial development.

# data[].attributes.headline
MUHAMMAD IQBAL BIN SEKAK                 (2020626934)

# data[].attributes.subject
MUHAMMAD IQBAL BIN SEKAK                 (2020626934)

# data[].attributes.body
In my opinion, Financial Service Act 2013 (FSA) and Islamic Financial Service Act 2013 (IFSA) are very important to our financial institutions. It is because this act will ensure our financial institutions continue to be relevant and effective to maintain the stability of financial system in Malaysia and keep up to date with the global trends in financial regulations.

# data[].attributes.headline
UMI ARABIAH BINTI MOHD SAID (2020695624)

# data[].attributes.subject
UMI ARABIAH BINTI MOHD SAID (2020695624)

# data[].attributes.body
In my opinion, the Financial Services Act 2013 (FSA) and the Islamic Financial Services Act 2013 (IFSA) are important because their 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.  The more important is Under the both Acts, BNM is empowered to assume control over the whole or part of business, affairs or property of the financial institution, to manage it or appoint any person to manage it on behalf of BNM and to designate a bridge institution when certain circumstances arise and give BNM wide powers to assess, intervene, direct and penalize IFIs in relation to offences and breach of IFSA provisions.

# data[].attributes.headline
DAYANGKU NUR SYAZA HAZIRA BINTI PG MOHD SHAHIRANIZAM (2020603742)

# data[].attributes.subject
DAYANGKU NUR SYAZA HAZIRA BINTI PG MOHD SHAHIRANIZAM (2020603742)

# data[].attributes.body
In my opinion, The Financial Services Act 2013 (FSA) and The Islamic Financial Services Act 2013 (IFSA) are important because their primary regulator purpose is to promote secure, efficient, and reliable payment systems. Next, it is necessary because of the culmination of efforts to modernize Malaysia’s laws governing the conduct and supervision of financial institutions in order to ensure that these laws remain relevant and effective in maintaining financial stability, promoting inclusive growth in the financial system and economy, and providing adequate consumer protection. But the difference for IFSA is that their aim focuses on promoting compliance with Shariah principles.

# data[].attributes.body
In my opinion, both FSA and IFSA are important as both consolidating the regulatory and supervisory framework for Malaysia’s banking industry, insurance industry, payment systems and foreign exchange administration matters. It is obligated that these laws keep on being relevant and successful to keep up with financial stability, support comprehensive development in the monetary framework and the economy, just as to give satisfactory security to purchasers. Also, it is significant that Malaysia's regulatory and supervisory framework is sufficiently prepared to react adequately to new and arising risk so confidence in the financial framework is saved and that the basic monetary intermediation exercises which are fundamental to the economy are not disturbed.

# data[].attributes.body
In my opinion, 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.headline
EMEERA AALIYAH BINTI YUSMADY (2020874778)

# data[].attributes.subject
EMEERA AALIYAH BINTI YUSMADY (2020874778)

# data[].attributes.body
In my opinion, the Financial Services Act 2013 (FSA) and the Islamic Financial Services Act 2013 (IFSA) are important. This is because the FSA/IFSA incorporates strengthened provisions to regulate payment system operators and payment instrument issuers to promote safe, efficient, and reliable payment systems and instruments. The acts are to regulate and monitor financial institutions, payment systems, and other relevant entities and oversee the money market and foreign currency market. With this, Bank Negara Malaysia can efficiently conduct its supervisory duty owing to provisions in the FSA and IFSA.

# data[].attributes.headline
NUR ELLYSAHANIS SUZAIL BINTI HAMILI (2020229412)

# data[].attributes.subject
NUR ELLYSAHANIS SUZAIL BINTI HAMILI (2020229412)

# data[].attributes.body
The Islamic Financial Services Act (IFSA) of 2013 is significant, in my opinion, because it repealed existing Islamic banking and finance legislation and changed the accounting rules that Islamic financial organisations employ to prepare their financial accounts. Some of the most noteworthy modifications are as follows: On the Product Disclosure Sheet, the Principal Guaranteed and Profit Smoothing Practices are listed (PDS).

# data[].attributes.headline
MUHAMMAD QAMARUL NABIL BIN SABRI (2020604618)

# data[].attributes.subject
MUHAMMAD QAMARUL NABIL BIN SABRI (2020604618)

# data[].attributes.body
In my opinion about emphasized by the author. I think the FSA and IFSA are important because this act is able to control and restrain banks from making more profits and neglecting the welfare of customers.

With the replacement of BAFIA 1989, the Insurance Act 1996, the Payment System Act 2003, the Exchange Control Act 1953 to FSA 2013, then Bank Negara Malaysia (BNM) has more power to monitor financial flows, stability of conventional banking institutions and financial institutions and ensure that banks and other financial company in accordance with the law that has been approved by the government.

While the IFSA Act 2013 has replaced previous acts such as the Islamic Banking Act 1983, the Takaful Act 1984, the Payment System Act 2003, the Exchange Control Act 1953. The IFSA Act 2013 is more focused on Islamic financial institutions and banks, so with the act Bank Negara Malaysia (BNM) has the power to control and stabilize Islamic financial institutions in accordance with the shariah that has been enshrined by financial law in our country.

In conclusion, I feel that the change of the old act to FSA 2013 and IFSA 2013 shows a revolution or new changes to financial law in Malaysia where all the changes can make financial institutions in our country better and more efficient.

# data[].attributes.body
In my opinion FSA and IFSA important because the FSA and IFSA are the culmination of efforts to to modernize the laws of governing the conduct and supervision of financial institution in Malaysia. This is ensure that these laws remain relevant and effective in maintaining financial stability, supporting growth in the financial and economic system, while providing protection for consumers.

# data[].attributes.body
FSA 2013 and IFSA 2013 is important because FSA 2013 provide BNM with greater power to counter future risk, promote financial stability in the financial sector, promote competition in the broader financial services sector and to streamline with the global trends in financial regulation. Therefore, IFSA 2013 also provide the same thing, but it is more to Islamic financial and must accordance with Shariah. Not only that, but this act also provides the regulation and supervision of financial institution, payment systems and other relevant entities and the oversight of money market and foreign exchange market to promote financial stability and for related, consequential, or incidental matters but IFSA 2013 must compliance with Shariah. In conclusion, I think this act is effective where everyone’s right reserved and its in line with Malaysian law which emphasizes the priority of Islam. This act also can fulfil people satisfaction because it is a fair deed.

# data[].attributes.headline
Misha Andriana Binti Mohd Mahathir. (2020497822)

# data[].attributes.subject
Misha Andriana Binti Mohd Mahathir. (2020497822)

# data[].attributes.body
In my opinion, the Financial Services Act 2013 (FSA) and the Islamic Services Act 2013 are important. This is because both of them play a very important role i.e. both looking after the finances and welfare of the people. If both are not taken care of properly it will be difficult for all groups such as the government and the people. To conclude, they are not much different because both want to maintain economic stability in the form of money.

# 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
Development Financial Institution or its short term DFIs are vital to our country as they are specialized institutions that have been established and supported by the government to provide a range of specialized financial products and services, such as savings account and public investment to meet the specific needs of the targeted sectors.

# data[].attributes.headline
MUHAMMAD QAMARUL NABIL BIN SABRI (2020604618)

# data[].attributes.subject
MUHAMMAD QAMARUL NABIL BIN SABRI (2020604618)

# data[].attributes.body
One lesson that I can learn from the article which is relevant with chapter 4 was government must to pay more and more detailed attention to Development Financial Institutions (DFIs) on how they promote investments in manufacturing, agricultural, industrial, high technology, international trade, and export industries and complement the banking institutions role, so that they did not dare do abuse power or money for self-interest.

# data[].attributes.headline
DAYANGKU NUR SYAZA HAZIRA BINTI PG MOHD SHAHIRANIZAM (2020603742)

# data[].attributes.subject
DAYANGKU NUR SYAZA HAZIRA BINTI PG MOHD SHAHIRANIZAM (2020603742)

# data[].attributes.body
The lesson that I’ve got after reading the article which is relevant with chapter four is the Development Finance Institutions (DFIs) is a financial institution that specializes in a particular field and it is very essential because it can help to promote investments in manufacturing, industrial and others. Besides, it is to conclude the banking institutions' role. Also, the government should take more attention and responsibility to avoid the issue of criminal intention so that all of the objectives of DFIs can be implemented successfully.

# data[].attributes.body
The FSA and the IFSA, in my opinion, are critical for the advancement of financial development. The FSA and the IFSA are the result of years of work to modernize the laws that govern the behavior and supervision of Malaysia's financial institutions. Additionally, ensuring that these rules remain relevant and effective in preserving and fostering equitable growth while also providing proper consumer protection. The Financial Services Authority (FSA) and the International Financial Services Authority (IFSA) are the regulatory and supervisory bodies that oversee our country's financial development.

# data[].attributes.body
From the article above, the lesson that I learnt is to ensure that all of DFIs' aims are met and the government should devote more attention and responsibility to avoid the criminal intention.

# data[].attributes.body
Development Financial Institutions (DFIs) are particular organizations set up by the public authority to give a scope of particular financial product and services to suit the particular necessities. One thing to be aware of is their financial point of view as it might influence loaning overall. They need to evaluate advance applications as thoroughly, just as the tasks required as a moneylender while assuming a more noteworthy corresponding and formative part in supporting the country's financial goals. This is to reduce non-compliance and future problems that could occur.

# data[].attributes.body
One lesson that I've got after read the article is DFIs should evaluate carefully before approving a loan as commercial banks do. It is because DFIs have to avoid the illegal activities like corruption.

# data[].attributes.body
Based on the article, one lesson I can take away is that the government should enhance oversight of Development Finance Institutions (DFIs) loan approval techniques to avoid DFI power abuse. This is because DFIs are private entities, and the use of gaps in loan applications has not been examined. They should also be in charge of carrying out more thorough examinations of loan applicants and project information.

# data[].attributes.headline
IFFAH IZLIANA BINTI JAAFARUDIN (2020613062)

# data[].attributes.subject
IFFAH IZLIANA BINTI JAAFARUDIN (2020613062)

# data[].attributes.body
Based on the article, I do agree that development financial institutions need rigorous lending standard which is similar with commercial bank. DFIs supervised by the DFIA but there are also other DFIs that not listed. DFIs need more attention from the government to avoid unwilling case such as power abuse and not good to industrial practice.

# 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
Based on the chapter 5 that we have learned on our last class, one lesson that I can learn from this news article is one of the function for central banks is to maintain an accommodative monetary policy stance against transitory inflation.

# data[].attributes.body
Hello madam and my fellow friends. My name is Danicea Delta. The Disney character that resemble me the most is Moana. Moana has a big heart that loves to help people when they had a hard time. Apart from that, she is a brave girl as she travel alone, tried to save her land. As for myself, I would do the same thing for the people that I care about. Other than that, Moana is a loving girl. Not only she loved her people, she even loved weak animals.

# data[].attributes.headline
CHE WAN NUR AIN BINTI ADB AZIZ (2020893732)

# data[].attributes.subject
CHE WAN NUR AIN BINTI ADB AZIZ (2020893732)

# data[].attributes.body
The Development Financial Institutions (DFIs) are a special organization established by the government to provide a range of specific financial products and services to meet specific needs. Hence, since their financial situation may have an impact on loaning in general, they must properly assess advance applications, just as a moneylender must. Also, in order to reduce non-compliance and potential future issues, the need to play the significant and formative role in supporting the country's financial goals.

# data[].attributes.headline
CHE WAN NUR AIN BINTI ABD AZIZ (2020893732)

# data[].attributes.subject
CHE WAN NUR AIN BINTI ABD AZIZ (2020893732)

# data[].attributes.body
According to chapter 5 (The financial markets), central banks maintain an accommodative monetary policy stance against transitory inflation, which I can discover from this article report. Furthermore, central banks implement a country's monetary policy and regulate its money supply.

# data[].attributes.body
One lesson that I can learnt from this news article is how smoothly the capital market in Malaysia raising their funds. As stated in the article, fundraising activities in the capital business sectors saw an improvement of 43.1% to RM65.6 billion by the private area, while the public area relapsed possibly by 0.5% to RM97.4 billion. This shows how huge these investors are issuing their debt instrument into these funds which mainly used to finance infrastructure projects, new business activities and working capital.

# data[].attributes.body
One thing that I have learned from the article is that capital markets are quite useful for raising funds in both the private and public sectors. The funds obtained will be used to new company ventures, fund infrastructure initiatives, and working capital. As a result, the financial markets are extremely beneficial to the government in terms of raising capital from investors to support public development projects.

# data[].attributes.headline
IFFAH IZLIANA BINTI JAAFARUDIN (2020613062)

# data[].attributes.subject
IFFAH IZLIANA BINTI JAAFARUDIN (2020613062)

# data[].attributes.body
One of knowledge I can gain from chapter 5 and this article is these sectors and markets are bring a big impact to Malaysia's funds in a good way. All under financial market which is money market, capital market and foreign exchange market(FOREX) gaining funds for our country. This shows our financial sector grows.

# data[].attributes.headline
MUHAMMAD QAMARUL NABIL BIN SABRI (2020604618)

# data[].attributes.subject
MUHAMMAD QAMARUL NABIL BIN SABRI (2020604618)

# data[].attributes.body
One lesson that I get from article which is related with chapter 5 (Financial Market). "Malaysian capital markets remain vibrant, gross funds raised increased 16.3% to RM163b as at July 2021" .

This article shows the importance of the financial market in our country to generate more money to further grow the income of governments and companies in Malaysia. When government revenue increases, the welfare of the people and infrastructure in our country will improve while for companies they can further expand the market in the country or abroad.

# 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.headline
MUHAMMAD QAMARUL NABIL BIN SABRI (2020604618)

# data[].attributes.subject
MUHAMMAD QAMARUL NABIL BIN SABRI (2020604618)

# data[].attributes.body
In my opinion, one possible impact if BNM decide to implement the use of CBDCs for international settlements is that BNM can use the prototype sharing platform technology for cross-border transactions using multiple CBDCs that further simplifies their dealings with consumers and can reduce incidental costs used such as paper costs, stationery costs and so on. Lastly, it can save time because the use of these platforms is more faster and easier to use.

# data[].attributes.body
One possible impact if Bank Negara Malaysia decide to implement the use of Central Bank Digital Currency (CBDC) for international settlement is less time needed for border payments. This means that fast and frictionless for intermediaries and international payments.

# data[].attributes.body
In my opinion, one possible impact if BNM decide to implement the use of CBDCs for international settlements is CBDCs built on digital identification that improve cross-border payments, and limit the risks of currency substitution. multi- CBDCs arrangements could surmount the hurdles of sharing digital ID across borders, but will require international cooperation.

# data[].attributes.headline
UMI ARABIAH BINTI MOHD SAID (2020695624)

# data[].attributes.subject
UMI ARABIAH BINTI MOHD SAID (2020695624)

# data[].attributes.body
Central Bank around the world want to use Central Bank Digital Currencies (CBDCs) to test the use of CBDCs for international settlements. Bank Negara Malaysia said the 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.

The possible impact if BNM decide to implement the use of CBDCs for international settlements is it will eliminate the need for intermediaries and also reduce the time and cost of transactions. In addition, 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.

# data[].attributes.body
DFIs in Malaysia are specialized financial institutions that is important for Malaysia's development. However, in DFIs want to their objectives it must follow the rules because it still under the purview of these ministries. I agree that method they do to combat abuses of power in DFI, so that there is no error in DFI approval loan anymore. In conclusion, DFI can do their function and achieve the objective without the crime in the financial industries.

# data[].attributes.body
This article has taught me the value of a nation's monetary market. This is because we've seen central banks' role in maintaining an accommodative monetary policy stance in the face of temporary inflation. Positive money flows in the financial market assist a country because they encourage investors to support development projects in the country.

# data[].attributes.body
Central banks from all around the globe are participating in the Dunbar project, which intends to test the use of central bank digital currency (CBDC) for international settlement. Furthermore, the project brings together a central bank with extensive experience and a unique perspective in the CBDC project, as well as ecosystem partners at an advanced stage of digital currency technical development, leading BIS Innovation Hub Singapore head Andrew McCormack to say that with a group of partners this capable and enthusiastic, they are confident that work in various CBDCs for international placements will break ground in the CBDC trifecta.

If BNM agrees to employ CBDC for this overseas placement, it will eliminate the need for middlemen while also shortening transaction times and costs. In addition, the initiative has the potential to replace old payment systems with a more efficient international settlement platform.

# data[].attributes.body
It will enable financial institutions to interact directly with one another in digital currencies issued by participating central banks, which will make international settlement quicker. As a result, there will be no need for intermediaries, and transactions will take less time and cost.

# data[].attributes.headline
EMEERA AALIYAH BINTI YUSMADY (2020874778)

# data[].attributes.subject
EMEERA AALIYAH BINTI YUSMADY (2020874778)

# data[].attributes.body
CBDCs can prevent illicit activity because they exist in a digital format and do not require serial numbers for tracking. Cryptography and a public ledger make it easy for a central bank to track money throughout its jurisdiction, thereby preventing illicit activity and illegal transactions using CBDCs.

One possible impact if BNM decide to implement the use of CBDCs for international settlements is CBDC platforms will allow financial institutions to transact directly with each other in the digital currencies issued by BNM, eliminating the need for intermediaries and cutting the time and cost of transactions

# data[].attributes.headline
EMEERA AALIYAH BINTI YUSMADY (2020874778)

# data[].attributes.subject
EMEERA AALIYAH BINTI YUSMADY (2020874778)

# data[].attributes.body
One lesson I can learn from the article and chapter 5 is that Malaysia is efficient in handling the capital market by facilitating the transmission of monetary policy tools by adjusting to the liquidity in the banking system and managing to reconcile the interest between people with excess funds which are buyers and lenders as well as people who need short term funds which are sellers and borrowers

# data[].attributes.body
MUHAMMAD IQBAL BIN SEKAK
(2020626934)
In my opinion, one possible impact if BNM decide to implement the use of CBDCs for international settlements is because it will be more easy for financial institution to transact directly with each other in the digital currencies. other than that, with this platforms, it will reduce the time, the cost of transactions and share the benefiting between public- and private sector experts in different jurisdictions and areas of operation.

# data[].attributes.body
One lesson that I can learn from the article which is relevant with chapter 4 is Development Financial Institutions (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, including agriculture, small and medium enterprises, infrastructure, maritime, export-oriented sector, as well as capital-intensive and high technology industries.

# data[].attributes.body
One lesson I can learn from this news article related with chapter 5 is Malaysia's capital market raise fund RM 163 billion as at the end of July 2021 from a year ago. This shows that capital market managed to raise fund to finance infrastructure projects, new business activities and working capital.

# data[].attributes.body
Hi everyone. My name is Muhammad Iqbal bin Sekak. This is Upin from Upin Ipin animation. Actually, he have a twin like me. I really like to watch this animation because they always spread positive spirit. Besides, I think his character just resembles me i.e. a naughty but good person.

nice to meet you...

# data[].attributes.body
Central Banks around the world wants to use Central Bank Digital Currencies (CBDCs) because it facilitates quick settlement of retail payments while also reduce time and cost of transaction. If BNM decides to employ CBDCs for international settlements, one probable effect is that more projects will function smoothly, and BNM will be able to share CBDC infrastructure, benefiting from collaboration between public and private sector expertise in various jurisdictions and regions of operation.

# data[].attributes.body
Central Banks around the world want to use Central Bank Digital Currencies (CBDCs) because of CBDCs can prevent illegal activities. They are stored digitally and do not require serial numbers to be tracked. A central bank can easily trace money throughout its territory using cryptography and a public ledger, avoiding criminal activities and illegal CBDC transactions. If BNM decides to implement the use of CBDCs for international settlement is that it will enable rapid and frictionless cross-border payments, combining the benefits of distributed ledger technology well with efficiency of a common system in Malaysia.

# data[].attributes.headline
CHE WAN NUR AIN BINTI ABD AZIZ (2020893732)

# data[].attributes.subject
CHE WAN NUR AIN BINTI ABD AZIZ (2020893732)

# data[].attributes.body
In my opinion, Central banks all over the globe want to utilize Central Bank Digital Currencies (CBCs) in order to allow for faster retail payment settlement while also reducing transaction time and cost. Hence, if BNM decides to use CDCs for international settlements, one likely result will be that more projects will run smoothly. In addition, BNM will be able to share CDC infrastructure, benefiting from collaboration between public and private sector expertise across jurisdictions also the regions of operation.

# data[].attributes.body
Watch this video and give your opinion on why some people go to illegal money lender instead of borrowing money from banks. Give your suggestion on how to solve the problem of loan sharks and illegal money lending activities in Malaysia and how to encourage people to use credit facilities from banks.

# data[].attributes.attachment_link.title
The Dangers of Loan Sharks and Illegal Money Lending

# data[].attributes.body
My opinion why some people go to illegal lender instead of borrowing money from banks because it has easier money-lending process than the banks. Other than that, lending money from banks require some requirement such as paycheck otherwise they will not give the money.  My suggestion how to solve the problem of loan sharks and illegal money lending activities in Malaysia is the government should expose the disadvantages of borrowing money illegally through educations. Other than that, the government should tighten the law of lending money illegally so that the illegal organization will be afraid to lend money illegally. To encourage people to use credit facilities from banks, the banks themselves should educate youngsters by conducting credit facilities campaign in schools.

# data[].attributes.body
In my opinion ,some people choose to borrow money from loan shark because ,easy to pass and loan shark does not requires strict procedures such as when you want  to borrow money from loan shark you do not need to provide monthly pay slips.Unlike if we want to borrow from a bank, we need to provide a lot of documents.

My suggestion on how to solve problem of loan sharks and illegal money lending in Malaysia is , if we know someone who involved in loan sharks or illegal money lending whether family or close friends,we should immediately report them to the authorities so that they may be subject to action .

Some ways to encourage people to use bank credit facilities are the bank itself should offering better financial information to people and maybe the bank should campaigning in high school so that teenagers know about the facilities provided by the bank.

# data[].attributes.body
Central Bank aroud the world want to use CBDCS because it can make cross-border transactions easier, promote financial inclusion and provide payment system stability.

One possible impact if BNM decide to implement the use of CDBCS for international settlements is that it maybe can improve the distribution of aid and crisis relief payments particularly when travel or physical access was impossible.

# data[].attributes.body
One lesson that I had learn from  this article related to chapter 5 is capital market is very useful to government because it enable government to raise funds from investors to finance their public development program.This is evidenced by a statement in the article stating that "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."

# data[].attributes.body
One lesson I have learned from the following article that also related to chapter 4 is there are various examples of DFIs in Malaysia such as BPMB , BIMB ,Agro Bank and many more.Although there are different types , DFIs in Malaysian have the same objectives as to promote investment in manufacturing,agricultural,industrial,high technology,international trade and export industries.

# data[].attributes.headline
UMI ARABIAH BINTI MOHD SAID (2020695624)

# data[].attributes.subject
UMI ARABIAH BINTI MOHD SAID (2020695624)

# data[].attributes.body
In my opinion, some people go to illegal money lender instead of borrowing money from banks because they usually need fast cash and they also need to find a loan quickly so that it can be used immediately. They do not borrow money at the bank because the bank has a relatively long procedure to get the loan approval.

My suggestion on how to solve the problem of loan sharks and illegal money lending activities in Malaysia is to increase awareness campaigns on the dangers of making money loans other than in banks so that the public knows about the negative effects that will be obtained. While to encourage people to use credit facilities from banks we also should increase advertising, promotion or knowledge about the advantages of using credit facilities from banks instead of borrowing money with illegal money lenders.

# data[].attributes.body
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.headline
NUR ELLYSAHANIS SUZAILA BINTI HAMILI (2020229412)

# data[].attributes.subject
NUR ELLYSAHANIS SUZAILA BINTI HAMILI (2020229412)

# data[].attributes.body
Some people, in my opinion, prefer to borrow money from money lenders rather than banks because money lenders have effective strategies for attracting customers to borrow money from them in a way that communicates well, as well as the ability to target people who are in desperate need of money up to borrowers who are unable to repay the loan money, allowing them to seize the borrower's home and even their life. Furthermore, they stop lending to the bank since they can't meet the bank's lending guidelines because they have a repayment time.

My recommendation is that the government educate Malaysian borrowers about the risks of borrowing from money lending firms and urge them to deal with banks instead, so that their safety is guaranteed when they need to borrow.

# data[].attributes.headline
CHE WAN NUR AIN BINTI ABD AZIZ (2020893732)

# data[].attributes.subject
CHE WAN NUR AIN BINTI ABD AZIZ (2020893732)

# data[].attributes.body
Why do some people choose illegal money lenders instead of banks? In my opinion, some banks, especially the big ones, have policies that only the best clients with a proven credit history and stable financials are eligible for loans. As a result, customers with a poor credit history cannot obtain loans from these institutions. As a result, banks typically have a lengthy credit proposal evaluation procedure.

On the other hand, loan sharks provide immediate disbursement without posing many inquiries. It is better suited to people who do not support the paperwork that banks require. The credit history is also not checked by loan sharks. As a result, they charge a greater interest rate and use more aggressive collection tactics.

To assist tackle this problem, I suggest that the government encourage the consumers to use bank credit facilities while the banks provide better financial information. Following that, the bank should run a campaign in high schools to inform youth about the bank's services through implementation.

# data[].attributes.headline
DAYANGKU NUR SYAZA HAZIRA BINTI PG MOHD SHAHIRANIZAM (2020603742)

# data[].attributes.subject
DAYANGKU NUR SYAZA HAZIRA BINTI PG MOHD SHAHIRANIZAM (2020603742)

# data[].attributes.body
Based on chapter 5 that I have learnt, one lesson that I got from this article is that Malaysia has a strategic plan in handling the capital market. It can be used to produce more money in order to enhance the income of governments. The financial markets benefit the government greatly in terms of acquiring funds from other investors to fund public development initiatives.

# data[].attributes.headline
DAYANGKU NUR SYAZA HAZIRA BINTI PG MOHD SHAHIRANIZAM (2020603742)

# data[].attributes.subject
DAYANGKU NUR SYAZA HAZIRA BINTI PG MOHD SHAHIRANIZAM (2020603742)

# data[].attributes.body
In my opinion, one possible impact if BNM decides to implement the use of CBDCs for international settlements is it will give less time for border payments. It will also explore different governance and operating designs that would enable central banks to share CBDC infrastructures, benefiting from the collaboration between public and private sector experts in different jurisdictions and areas of operation.

# data[].attributes.headline
DAYANGKU NUR SYAZA HAZIRA BINTI PG MOHD SHAHIRANIZAM (2020603742)

# data[].attributes.subject
DAYANGKU NUR SYAZA HAZIRA BINTI PG MOHD SHAHIRANIZAM (2020603742)

# data[].attributes.body
Some people still go to borrow money from loan sharks because the bank doesn't just give that money right away. If the bank fears that someone will not repay their loan, they will deny that person to take the loan. But, loan sharks do not care and did not ask too many questions. Also, if they borrow from loan sharks, they will get access to a lot of money in just a short period of time.

Some of the suggestions on how to solve the problem of loan sharks is to report them to the authorities. Next, we need to learn how to deal with their threats and get help from a professional agency.

There are some ways to encourage people to use credit facilities from banks are promoted through advertising such as in social media, television, radio and more. Furthermore, the banks should hold a campaign about the credit facilities, so that people will realize the bad impact if they borrow from loan sharks.

# data[].attributes.body
Conduct a mini interview with one of your family members or friends and find out about the electronic banking (instrument/ channel) that they normally use. Share with him/her the advantage and disadvantage or tips of using that instrument/channel. Use your creativity and post it on TikTok! Share your TikTok video with us!

# data[].attributes.body
I think why people nowadays still borrow money from illegal money lender instead of borrowing money from banks is because of the long procedure. If borrow from banks institution, it is require our background details whether you can pay back with the interest or not. But, contrast to illegal money lender, the process is easy and they will not mention about the interest. Therefore, people think that it worth it to borrow from them.
.
My suggestion to solve the problem of loan sharks and illegal money lending activities is the bank institution need to speed up the process of loan. This is because usually some people choose to borrow from illegal money lander is because they need money in the short term. So, with speed up the process of loan, they will considered to borrow from banks institutions.
.
Besides, the society need to report to the authorities if there is suspicious around you.

# data[].attributes.body
In my opinion, some people go to illegal money lender instead of borrowing from banks  this is because they are easy to get the money without going through a lengthy procedure. moreover, they also often ignore the adverse effects that will occur if they are unable to repay the money. other than that How to get easily and quickly mobile loan agents are actively looking for customers, easy loan terms, quick approval compared to banks.

there are few ways how to solve the problem of loan sharks and illegal money lending activities. first thing first, government should educate people what are the effect when people borrow money from illegal money lender. government also should make sure that the banks promote to people about the advantages when they borrow money from banks. last but not least, people should alert with the problem and report to the authorities.