FIN263G1 by Ninalyn Fridrict

Please introduce yourself using a movie/ a cartoon/ an anime character that resemble your personality/character. Thank you.

ninalynfridrict — 2021-10-26 04:33:56 UTC

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!

Please fill in your group members names here. Tq

ninalynfridrict — 2021-10-26 05:31:56 UTC

https://docs.google.com/spreadsheets/d/1B4MM5BRCvijBLZhCrKEQjiUvUn5rjFwapCHOfs1KHiU/edit?usp=sharing

Week 3 Tutorial 26/10/2021 (5-6PM)

ninalynfridrict — 2021-10-26 07:55:38 UTC

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.

2021-10-26 10:13:44 UTC

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

Syazaaa16 — 2021-10-26 10:38:18 UTC

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!!

DAYANGKU NUR SYAZA HAZIRA BINTI PG MOHD SHAHIRANIZAM (2020603742)

Syazaaa16 — 2021-10-26 10:52:07 UTC

iqbalskk10 — 2021-10-26 10:58:29 UTC

MUHAMMAD IQBAL BIN SEKAK
(2020626934)

2021-10-26 11:05:51 UTC

CHE WAN NUR AIN BINTI ABD AZIZ
2020893732

DAYANG SUZIERAH ATIRAH BINTI HARUN (2020490828)

2020490828 — 2021-10-26 11:24:42 UTC

Ellysahanis — 2021-10-26 12:13:17 UTC

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! ;)

2021-10-26 12:25:23 UTC

MISHA ANDRIANA BINTI MOHD (2020497822)

elyaathra — 2021-10-26 12:27:08 UTC

ELIYA ATHIRA BINTI IBRAHIM (2020494722)

IffahJ — 2021-10-26 13:14:49 UTC

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!

elyaathra — 2021-10-26 13:35:02 UTC

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

Note from lecturer

ninalynfridrict — 2021-10-26 13:36:21 UTC

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!

2021-10-26 13:51:17 UTC

Jelyn Juin (2020626554)

IffahJ — 2021-10-26 14:00:56 UTC

Iffah Izliana Jaafarudin (2020613062)

umiarabiah008 — 2021-10-26 14:39:25 UTC

2021-10-26 14:43:56 UTC

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!

Ellysahanis — 2021-10-26 15:15:38 UTC

NUR ELLYSAHANIS SUZAILA BINTI HAMILI
(2020229412)

AZREEZAL BIN ROSMAN (2020627276)

Azreezal — 2021-10-26 15:41:19 UTC

EMEERA AALIYAH BINTI YUSMADY (2020874778)

2021-10-26 15:46:39 UTC

PRODUCT AND SERVICES BY BANK ISLAM

2020604618 — 2021-10-26 15:49:59 UTC

MUHAMMAD QAMARUL NABIL BIN SABRI (2020604618)

2020604618 — 2021-10-26 23:10:24 UTC

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^

2021-10-27 01:25:05 UTC

DANICEA DELTA (2020892246)

2020892246 — 2021-10-27 04:25:33 UTC

2020893732 — 2021-10-27 15:00:19 UTC

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!

Week 4 Tutorial 2/11/2021 (5-6pm)

ninalynfridrict — 2021-11-02 07:26:42 UTC

Write your opinion about the issue emphasized by the author. Why do you think the FSA and IFSA are important?

DANICEA DEL (2020892246)

2020892246 — 2021-11-02 09:23:25 UTC

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.

CHE WAN NUR AIN BINTI ABD AZIZ (2020893732)

2020893732 — 2021-11-02 09:40:37 UTC

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.

IFFAH IZLIANA (2020613062)

IffahJ — 2021-11-02 09:55:23 UTC

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.

JELYN JUIN (2020626554)

2021-11-02 09:58:36 UTC

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.

NURATHIRAH BINTI ZIFRIN (2020255256)

2021-11-02 10:02:36 UTC

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.

NUR AZWA NAZIRAH (2020406548)

NurAzwaNazirah — 2021-11-02 10:11:26 UTC

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.

MUHAMMAD IQBAL BIN SEKAK (2020626934)

iqbalskk10 — 2021-11-02 10:19:12 UTC

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.

UMI ARABIAH BINTI MOHD SAID (2020695624)

2021-11-02 10:27:25 UTC

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.

DAYANGKU NUR SYAZA HAZIRA BINTI PG MOHD SHAHIRANIZAM (2020603742)

Syazaaa16 — 2021-11-02 10:41:21 UTC

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.

ELIYA ATHIRA BINTI IBRAHIM (2020494722)

2021-11-02 10:56:10 UTC

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.

AZREEZAL BIN ROSMAN (2020627276)

2021-11-02 12:48:14 UTC

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.

EMEERA AALIYAH BINTI YUSMADY (2020874778)

emeera — 2021-11-02 13:02:58 UTC

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.

NUR ELLYSAHANIS SUZAIL BINTI HAMILI (2020229412)

Ellysahanis — 2021-11-02 14:24:50 UTC

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).

MUHAMMAD QAMARUL NABIL BIN SABRI (2020604618)

2020604618 — 2021-11-02 15:24:58 UTC

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.

JUINA AMAT (2020881644)

2021-11-02 18:34:36 UTC

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.

DAYANG SUZIERAH ATIRAH BINTI HARUN

2020490828 — 2021-11-03 10:52:58 UTC

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.

Misha Andriana Binti Mohd Mahathir. (2020497822)

2021-11-03 13:00:10 UTC

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.

Week 5 Tutorial 9/11/2021 (5-6pm)

ninalynfridrict — 2021-11-09 05:54:06 UTC

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.

DANICEA DEL(2020892246)

2020892246 — 2021-11-09 09:29:04 UTC

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.

MUHAMMAD QAMARUL NABIL BIN SABRI (2020604618)

2020604618 — 2021-11-09 09:41:57 UTC

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.

DAYANGKU NUR SYAZA HAZIRA BINTI PG MOHD SHAHIRANIZAM (2020603742)

Syazaaa16 — 2021-11-12 13:44:38 UTC

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.

NELCILLA OLGA (2020669534)

nelcillaolga — 2021-11-13 16:20:56 UTC

NELCILLA OLGA (2020669534)

nelcillaolga — 2021-11-13 16:21:42 UTC

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.

NELCILLA OLGA (2020669534)

nelcillaolga — 2021-11-13 16:37:30 UTC

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.

ELIYA ATHIRA BINTI IBRAHIM (2020494722)

2021-11-14 13:19:04 UTC

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.

MUHAMMAD IQBAL BIN SEKAK (2020626934)

iqbalskk10 — 2021-11-14 14:51:59 UTC

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.

JELYN JUIN (2020626554)

2021-11-14 14:53:56 UTC

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.

IFFAH IZLIANA BINTI JAAFARUDIN (2020613062)

IffahJ — 2021-11-14 23:41:57 UTC

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.

Tutorial Week 6

ninalynfridrict — 2021-11-16 10:05:48 UTC

Read the following news article. Briefly explain one lesson you can learn from this news article - relate it with Chapter 5.

DANICEA DEL(2020892246)

2020892246 — 2021-11-17 07:20:26 UTC

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.

DANICEA DELTA (2020892246)

2020892246 — 2021-11-17 07:36:36 UTC

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.

CHE WAN NUR AIN BINTI ADB AZIZ (2020893732)

2020893732 — 2021-11-21 13:34:08 UTC

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.

CHE WAN NUR AIN BINTI ABD AZIZ (2020893732)

2020893732 — 2021-11-21 13:39:26 UTC

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.

ELIYA ATHIRA BINTI IBRAHIM (2020494722)

elyaathra — 2021-11-24 09:16:23 UTC

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.

JELYN JUIN (2020626554)

2020626554 — 2021-11-28 11:40:04 UTC

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.

IFFAH IZLIANA BINTI JAAFARUDIN (2020613062)

IffahJ — 2021-11-28 14:11:47 UTC

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.

MUHAMMAD QAMARUL NABIL BIN SABRI (2020604618)

2020604618 — 2021-12-06 13:56:10 UTC

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.

Read and answer the question.

ninalynfridrict — 2021-12-06 16:19:23 UTC

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.

MUHAMMAD QAMARUL NABIL BIN SABRI (2020604618)

2020604618 — 2021-12-07 09:32:44 UTC

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.

DANICEA DEL (2020892246)

2020892246 — 2021-12-07 09:40:53 UTC

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.

NUR AZWA NAZIRAH (2020406548)

NurAzwaNazirah — 2021-12-07 10:08:22 UTC

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.

UMI ARABIAH BINTI MOHD SAID (2020695624)

2021-12-07 11:31:55 UTC

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.

2020490828 — 2021-12-07 12:30:58 UTC

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.

2020490828 — 2021-12-07 12:51:06 UTC

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.

NUR ELLYSAHANIS SUZAILA (2020229412)

Ellysahanis — 2021-12-07 13:00:58 UTC

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.

2020490828 — 2021-12-07 13:09:00 UTC

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.

EMEERA AALIYAH BINTI YUSMADY (2020874778)

emeera — 2021-12-07 14:20:54 UTC

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

EMEERA AALIYAH BINTI YUSMADY (2020874778)

emeera — 2021-12-07 14:39:19 UTC

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

2021-12-07 15:03:57 UTC

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.

MUHAMMAD IQBAL BIN SEKAK (2020626934)

2021-12-07 15:45:45 UTC

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.

MUHAMMAD IQBAL BIN SEKAK (2020626934)

2021-12-07 16:34:23 UTC

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.

MUHAMMAD IQBAL BIN SEKAK (2020626934)

2021-12-07 16:53:20 UTC

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...

ELIYA ATHIRA BINTI IBRAHIM (2020494722)

elyaathra — 2021-12-08 03:07:56 UTC

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.

JELYN JUIN (2020626554)

2020626554 — 2021-12-08 04:14:17 UTC

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.

CHE WAN NUR AIN BINTI ABD AZIZ (2020893732)

2020893732 — 2021-12-12 04:24:59 UTC

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.

TUTORIAL

ninalynfridrict — 2021-12-14 05:52:44 UTC

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.

DANICEA DEL (2020892246)

2020892246 — 2021-12-14 09:15:02 UTC

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.

Lyvylen Ryene Dohny (2020677732)

2020677732 — 2021-12-14 10:05:48 UTC

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.

Lyvylen Ryene Dohny (2020677732)

2020677732 — 2021-12-14 10:22:37 UTC

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.

Lyvylen Ryene Dohny (2020677732)

2020677732 — 2021-12-14 10:47:32 UTC

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."

Lyvylen Ryene Dohny (2020677732)

2020677732 — 2021-12-14 11:05:13 UTC

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.

UMI ARABIAH BINTI MOHD SAID (2020695624)

2021-12-14 11:18:15 UTC

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.

Lyvylen Ryene Dohny (2020677732)

2020677732 — 2021-12-14 12:31:14 UTC

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.

Lyvylen Ryene Dohny (2020677732)

2020677732 — 2021-12-14 12:57:37 UTC

NUR ELLYSAHANIS SUZAILA BINTI HAMILI (2020229412)

Ellysahanis — 2021-12-14 13:34:09 UTC

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.

CHE WAN NUR AIN BINTI ABD AZIZ (2020893732)

2020893732 — 2021-12-14 17:15:22 UTC

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.

DAYANGKU NUR SYAZA HAZIRA BINTI PG MOHD SHAHIRANIZAM (2020603742)

Syazaaa16 — 2021-12-20 14:33:19 UTC

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.

DAYANGKU NUR SYAZA HAZIRA BINTI PG MOHD SHAHIRANIZAM (2020603742)

Syazaaa16 — 2021-12-20 14:45:24 UTC

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.

DAYANGKU NUR SYAZA HAZIRA BINTI PG MOHD SHAHIRANIZAM (2020603742)

Syazaaa16 — 2021-12-20 15:11:44 UTC

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.

TikTok Time!

ninalynfridrict — 2022-01-03 08:18:28 UTC

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!

MUHAMMAD IQBAL BIN SEKAK (2020626934)

2022-01-04 10:28:50 UTC

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.

JUINA AMAT (2020881644)

2020881644 — 2022-01-04 11:01:40 UTC

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.

Iffah Izliana binti Jaafarudin (2020613062)

IffahJ — 2022-01-04 18:45:40 UTC

All of the Central Banks in this world want to use CBDC because it is universally accessible. If a country issues CBDC, they consider it as the legal tender, and will be acknowledge as a form of payment. In addition, if the BNM decides to use the CBDC, then it could enable faster settlement in large-value payment systems.

Iffah Izliana binti Jaafarudin (2020613062)

IffahJ — 2022-01-04 19:13:57 UTC

Reasons why people choose illegal instead of legal money lender is they feel hopeless. Basically, the ones who lend from the loan sharks are the ones at their lowest point of life, they didn’t see any hopes coming and they just want to survive. ‘He’s not living, he’s surviving’. They be living anxious everyday as loan sharks does violence. They know they can’t pay back but why still choose to lend? No other choice. Unless they want to starve.

Credit facilities require lot of requirements and documents to pass to lend from it. How do they fulfill that, they doesn’t even have food. There are legal side that can help. Such as, government gives you job for you to pay your basis needs. Slowly, you can run away from that nest. At least, you can pay your own food. Living without fear. Ways to spread and encourage people to avoid loan sharks and looking for legal money lender and credit facilities from bank instead is tell them to choose wisely, explain one by one what they need to know, because afterall the ball is in their court, the decision made by them.

JELYN JUIN (2020626554)

2020626554 — 2022-01-05 11:35:24 UTC

Some people choose to borrow money from illegal money lenders instead of banks because they want an instant cash and need to get a loan as soon as possible. This is because they are hesitant to borrow money from banks due to the extensive loan approval process.

However, this can be avoided by establishing financial education strategies to make individuals aware of the risks of borrowing money illegally as well as the benefits and advantages of borrowing money through banks.

There some strategies to encourage people to use bank credit facilities are that the government should provide better financial information to the public or secondary schools run plans to attract young people so that they get a better understanding of financial information. The bank itself can also attract the public by using social media to create campaigns that highlight the advantages of using bank credit.

DANICEA DEL (2020892246)

2020892246 — 2022-01-09 07:51:50 UTC

Sorry for the late submission madam.

CHE WAN NUR AIN BINTI ABD AZIZ (2020893732)

2020893732 — 2022-01-09 08:49:25 UTC

I'm asking my friend via texting about the electronic banking instrument they usually use; thus, I'm sharing how to keep it safe and secure.

ELIYA ATHIRA BINTI IBRAHIM (2020494722)

elyaathra — 2022-01-09 14:31:48 UTC

In my opinion, people who go to money lenders instead of borrowing money from banks are because they need cash urgently. They need a transaction as soon as possible but borrowing money from the bank will take time and they may not be able to proceed due to loan requirements.

Through advertising or public awareness initiatives, the government should promote and encourage credit to the general people. Any illegal money lender promotions or conduct must be reported by members of the public. The government should impose stricter sanctions on anyone who commits these crimes.

MUHAMMAD QAMARUL NABIL BIN SABRI (2020604618)

2020604618 — 2022-01-10 00:37:06 UTC

In my opinion, some people go to illegal money lenders instead of borrowing money from banks because they are afraid that their loan application to the bank will be rejected even though they have not tried it yet. In addition, they may be in a desperate situation to borrow money without having to queue or wait their turn at the bank.

My suggestion on how to solve the problem of loan sharks and illegal money lending activities in Malaysia is that the government should draft a bill related to these unlicensed loans such as increasing the jail term and fines for anyone involved in these illegal activities.

Finally, my suggestion on how to encourage people to use credit facilities from banks is for BNM along with other financial institution companies to conduct awareness campaigns on legitimate lending activities. This is because, to give awareness to the community about legal and correct lending activities.

VERONICA STEPHEN (2020888046)

2022-01-11 03:47:23 UTC

In my opinion, some people go to illegal money lenders rather than banks to borrow money because they usually need fast cash and also need to find a loan quickly so that it can be used immediately. They do not borrow money from a bank because the loan approval process is relatively lengthy.

My suggestion for addressing the problem of loan sharks and illegal money lending activities in Malaysia is to increase public awareness campaigns about the dangers of making money loans outside of banks, so that the public is aware of the negative consequences. While encouraging people to use bank credit, we should also increase advertising about the benefits of doing so.

VERONICA STEPHEN (2020888046)

2022-01-11 03:50:22 UTC

Central banks around the world, in my opinion, want to use Central Bank Digital Currencies (CBCs) to allow for faster retail payment settlement while also reducing transaction time and cost. As a result, if BNM decides to use CDCs for international settlements, more projects are likely to run smoothly. Furthermore, BNM will be able to share CDC infrastructure, benefiting from collaboration between public and private sector expertise across jurisdictions and operational regions.

VERONICA STEPHEN (2020888046)

2022-01-11 03:52:13 UTC

One lesson I can take away from the article and Chapter 5 is that Malaysia is efficient in dealing with the capital market by facilitating the transmission of monetary policy tools through the banking system and managing to reconcile the interests of people with excess funds (buyers and lenders) and people who need short-term funds (sellers and borrowers).

VERONICA STEPHEN (2020888046)

2022-01-11 03:53:31 UTC

The lesson I learned from reading the article that is relevant to chapter four is that Development Finance Institutions (DFIs) are financial institutions that specialise in a specific field and are very important because they can help to promote investments in manufacturing, industrial, and other fields. Furthermore, it is to conclude the role of banking institutions. Furthermore, the government should pay more attention and take more responsibility to avoid the issue of criminal intent, so that all of DFIs' objectives can be successfully implemented.

VERONICA STEPHEN (2020888046)

2022-01-11 03:55:10 UTC

Both the FSA and the IFSA are important in my opinion because they both consolidate the regulatory and supervisory framework for Malaysia's banking industry, insurance industry, payment systems, and foreign exchange administration matters. It is required that these laws remain relevant and effective in order to maintain financial stability, support comprehensive development in the monetary framework and the economy, and provide adequate security to purchasers. Furthermore, it is critical that Malaysia's regulatory and supervisory framework is sufficiently prepared to respond adequately to new and emerging risks in order to preserve confidence in the financial framework and ensure that the basic monetary intermediation exercises that are fundamental to the economy are not disrupted.

VERONICA STEPHEN (2020888046)

2022-01-11 03:59:21 UTC

AZREEZAL BIN ROSMAN (2020627276)

Azreezal — 2022-01-11 06:51:38 UTC

According to the article, development financial institutions require a high lending criterion equivalent to that of commercial banks. The DFIA supervises a number of DFIs, however there are others that aren't listed. DFIs require additional government attention in order to avoid unwelcome situations such as power abuse and unethical labour practises. DFIs (Development Financial Institutions) are specialised institutions established by the government to provide a range of specialised financial products and services to meet the specific needs of targeted strategic sectors.

AZREEZAL BIN ROSMAN (2020627276)

Azreezal — 2022-01-11 07:01:16 UTC

One thing I learned from this news item is that one of central banks' functions is to maintain an accommodative monetary policy stance in the face of temporary inflation. Central banks are also responsible for implementing and regulating a country's monetary policy.

AZREEZAL BIN ROSMAN (2020627276)

Azreezal — 2022-01-11 07:10:35 UTC

Some general remarks have been made regarding the likely impact of CBDC on monetary policy.
CBDC, for example, might enable central banks to collect quick, real-time economic surveillance, which would help them formulate monetary policy more effectively. This is due to the fundamental virtue of preserving all transactions, as well as the virtually instantaneous transactions that the ledger captures.
CBDC might work similarly to real cash and receive no interest payments, as stated. Economic agents would prefer to put their money in bank deposits rather than CBDC in normal times because bank deposits pay interest. CBDC, in addition to cash, would be an option in the case of a tail-risk event such as economic instability or a system-wide bank run. It is entirely insured by the central bank, has no risk of losing value, and may be conveniently kept in huge quantities. This simple change to CBDC would hasten the bank run. Financial intermediation would be harmed as a result, reducing the effectiveness of monetary policy.

AZREEZAL BIN ROSMAN (2020627276)

Azreezal — 2022-01-11 07:24:10 UTC

In my opinion, people go to illegal money lender instead of banks because of simple terms, quick cash, trust and ease of repayment are some reasons why borrowers continue to opt for moneylenders. Taking a loan from private moneylenders is easy. They often do not ask for any collateral if the borrower has been running a business for many years.
My suggestion on how to solve illegal money lending activities in Malaysia is government need to take more actions such as educate people and let them know the bad sides of loan sharks.
First of all, the bank itself needs to be more interesting to the users. It can be done because banking is an industry with characteristics that are quite attractive to long-term investors. Properly evaluated, a bank can make a great investment. High retention rates, lower competition over time, and the durability of the industry are what attract me to bank investing.

MUHAMMAD ZULHADI BIN MAIRAN (2020670274)

2022-01-12 13:34:45 UTC

MUHAMMAD ZULHADI BIN MAIRAN (2020670274)

2022-01-12 13:40:14 UTC

Development financial institutions DFIs are specialized institutions established by the government to provide a range of specialized financial products and services. On the other hand, it is beneficial because it supports the promotion of strategic sectors such as agriculture, entrepreneurs, infrastructure, maritime, export-oriented industries, and capital-intensive and high-technology industries. Therefore, while playing a stronger complementary and developmental role in supporting the nation's socio-economic objectives, DFIs must look into the commerciality and creditworthiness of loan applicants, as well as the projects engaged as a lender.

MUHAMMAD ZULHADI BIN MAIRAN (2020670274)

2022-01-12 13:43:15 UTC

The lesson that I learned from the news articles is allowing the government to obtain funds from investors to support public development initiatives is one of the capital market's duties. The funds obtained were largely used to support infrastructure improvements and new company operations.

MUHAMMAD ZULHADI BIN MAIRAN (2020670274)

2022-01-12 13:46:30 UTC

All Central BAnks from all around the world wanted to adopt CBDC platforms because they make it easier to execute transactions with other banks. One possible impact, in my opinion, if BNM decides to implement CBDC is that it will aid in the development of banking organisations by allowing for more efficient transaction processes. By combining the benefits of distributed ledger technology with the efficiency of a single platform, frictionless cross-border payments will be possible.

MISHA ANDRIANA BINTI MOHD MAHATHIR (2020497822)

Misha18 — 2022-01-13 02:58:39 UTC

one lesson I can learn from this article is that the government needs to give flexibility to apply for loans. They should also be in charge of conducting more in depth investigations on loan.

MISHA ANDRIANA BINTI MOHD MAHATHIR (2020497822)

Misha18 — 2022-01-13 03:09:52 UTC

one lesson that I have learned from this article which is based on chapter 5, fundraising activities in the capital markets can make an improvements as it stated in the article. as a result, Malaysia has improve the facility and their financial sector.

MISHA ANDRIANA BINTI MOHD MAHATHIR (202049782)

Misha18 — 2022-01-13 03:20:52 UTC

In my opinion, one possible impact of BNM decide to use of CBDC for international settlements is financial sector in Malaysia would be organized, fast and efficient. as we know that CBDC is to provide users with convenience and security of digital as well as the regulated, reserve-backed circulation of the traditional banking system.

2022-01-13 10:14:42 UTC

NURATHIRAH BINTI ZIFRIN
2020255256

SUHIMIN SININ (2020809644)

SUHIMIN — 2022-01-13 13:03:30 UTC

The IFSA (Islamic Financial Services Act) of 2013 is a key piece of legislation. Because it overturned current Islamic banking and finance legislation and changed the accounting norms that Islamic financial organisation personnel must follow in order to create their financial accounts, in my opinion. The main guarantee and profit smoothing practise are noted on the product disclosure page as some of the most

SUHIMIN SININ (2020809644)

SUHIMIN — 2022-01-13 13:04:03 UTC

One takeaway from the article that is relevant to Chapter 4 is that the government needs to pay closer attention to how development financial institutions promote investment in manufacturing, high technology, international trade, and export industries, as well as how they complement the role of banking institutions, so that they do not abuse power or money for personal gain.

SUHIMIN SININ (2020809644)

SUHIMIN — 2022-01-13 13:04:35 UTC

According to chapter 5 of this article study, central banks maintain an accommodative monetary policy stance against transition inflation. Central banks also implement and regulate a country's monetary policy.

SUHIMIN SININ

SUHIMIN — 2022-01-13 13:05:05 UTC

One possible effect if Bank Negara Malaysia decides to employ central bank digital money for international settlement is that border payments will take less time. This means that for middlemen and foreign payments, it will be quick and painless.

SUHIMIN SININ (2020809644)

SUHIMIN — 2022-01-13 13:13:58 UTC

Some people, in my opinion, prefer to borrow money from illegal money lenders rather than banks because they are frightened that their bank loan application would be rejected even if they have not yet tried it. Furthermore, individuals may be in a critical need to borrow money without having to stand in line or wait their turn at a bank.

Government should promote and encourage credit to the general public via advertising and public awareness initiatives. Members of the public are required to report any illegal money lender promotion or activity. Anyone who commits these crimes should face harsher penalties from the government.

SUHIMIN — 2022-01-13 13:26:05 UTC

SUHIMIN SININ (2020809644)

SUHIMIN — 2022-01-13 13:54:42 UTC

Hello madam Ninalyn and all of my friend. My name is Suhaimin Bin Sinin. My favorite anime characters is Luffy from One Piece. I like him because he got the great spirit to achieve his goal. He also love adventure just like me.

NURATHIRAH BINTI ZIFRIN (2020255256)

2022-01-13 15:54:02 UTC

One lesson that i have got after reading the article which is related with chapter 4 is the Development Finance Institution (DFIs) is a finanncial institution that established to provide a range of specialised fianncial product and services to suit the specific needs of the targeted starategic sectors. other than that, DFIs must ensure financial and operational soundness similar to the regulations imposed on commercial banks. Therefore the condition for making a loan should be tightwned like commercial bank in order to avoid corruption org breach of trust.

NURATHIRAH BINTI ZIFRIN (2020255256)

2022-01-13 16:12:44 UTC

One lesson that i have learned from the article is about central banks that can maintain an accommodative monetary policy stance against transitory inflation. Also, we can see that the capital markets can help to raising Malaysian fund.

NURATHIRAH BINTI ZIFRIN

2022-01-13 16:28:49 UTC

In my opinion, one possible impact if BNM use of CBDCs could further facilitate financial institutions to transact directly with each other in digital currencies issued by participating central banks. as a result transaction transactions will not take long time and can reduce costs.

NURATHIRAH BINTI ZIFRIN (2020255256)

2022-01-13 16:50:34 UTC

In my opinion, why people do some people go to illegal money lender instead of borrowing money from bank because making a loans at bank takes a long time compared to illegal money lender.
My suggestion on how to solve the problem of loans from illegal money lenders is to create an awareness campaign that illegal loans can be detrimental to them in the future. Also, can make their debt will increase due to the interest.
How to encourage people to use credit facilities is the bank should inform the advantages of the use of credit facilities especially young people right now in order to prevent them form borrowing illegally.

UMI ARABIAH BINTI MOHD SAID (2020695624)

2022-01-14 14:38:41 UTC

Lesson that I can learn from the article is a rigorous approach is needed to monitor DFIs’ board metrics and skillsets. This is for avoid that ministries to push a certain agenda or policy that may affect the autonomy of the DFIs board in making decisions and avoid DFI from facing a big problem.

UMI ARABIAH BINTI MOHD SAID (2020695624)

2022-01-14 14:59:06 UTC

Lesson that i can learn from this article is when Malaysian bonds have profited from overseas investors seeking better yield fixed-income assets in emerging nations with a larger risk appetite. According to the MoF data, foreign ownership in the local exchange were 13 percent at the conclusion of this time. Means that Bursa Malaysia has taken the right actions to ensure increased liquidity and capital efficiency.

Nelcilla Olga Jumain (2020669534)

nelcillaolga — 2022-01-14 16:58:28 UTC

In my opinion, most people go to illegal money lender or also known as loan sharks because of the do not do something that any lender does, they do not ask too many questions where they do not require copious amounts of documentation neither do they require your address proofs or bank account number. After all, people who need a big amount of money immediately will go to these illegal money lender.

My suggestion on how to solve on how to solve the problem of loan sharks and illegal money lending activities in Malaysia is, people should know the how risky illegal money lender can be. But, this can only be achieved when people cooperate with each other. For examples, government or banks inform people about the disadvantages borrowing money from loan sharks.

Lastly, government should advocate more campaign about the facilities that offered and the advantages that they can get when they borrow money from bank. By knowing these information, we can prevent people from loan sharks.

Nelcilla Olga Jumain (2020669534)

nelcillaolga — 2022-01-14 17:19:38 UTC

One of the lesson that I have learnt from the article given based on Chapter 5, is the importance of capital markets where the Malaysian capital markets have been financing the domestic economy and mobilizing savings, despite the unprecedented conditions in 2020 and 2021. High levels of domestic liquidity, coupled with the authorities’ proactive measures, have helped maintain an orderly market and ensure limited disruptions to the overall capital market.

Nelcilla Olga Jumain (2020669534)

nelcillaolga — 2022-01-14 17:35:39 UTC

Central Banks around the world want to use Central Bank Digital Currencies (CBDCs) because central banks must prepare for a digital future in which demand for cash as a medium of exchange may weaken, requiring the convertibility of private money into cash to be complemented by convertibility into central bank digital money.

One possible impact if BNM decide to implement the use of CBDCs for international settlements is that CBDC platforms will lead to faster and frictionless cross-border payments in Malaysia, combines the features of distributed ledger technology with the efficiency of a shared infrastructure.

NUR AZWA NAZIRAH (2020406548)

NurAzwaNazirah — 2022-01-15 08:51:24 UTC

NUR AZWA NAZIRAH (2020406548)

NurAzwaNazirah — 2022-01-15 09:06:04 UTC

The lesson that i have learn from the article is DFIs will remain important and relevant. these institutions provide long term financial as well as the technical support to various sectors.

NUR AZWA NAZIRAH (2020406548)

NurAzwaNazirah — 2022-01-15 09:12:58 UTC

One of lesson that i have learn from this article based on chapter 5 is importance of capital market which is capital market are important because they finance the economy, allocate risk, and support economic growth and financial stability.

NUR AZWA NAZIRAH (2020406548)

NurAzwaNazirah — 2022-01-15 09:44:02 UTC

In my opinion, some people choose to go to illegal lender instead of borrowing money from banks because illegal lender does not have complicated procedure than banks.

My suggestion on how to solve problem of loan sharks and illegal money lending in Malaysia is, the public needs to know about risk of borrowing money from loan sharks because loan shark is an agency that does not have a business license. Therefore, need to think before borrowing from loan shark.

MUHAMMAD QAMARUL NABIL BIN SABRI (2020604618)

2020604618 — 2022-01-15 12:34:16 UTC

MUHAMMAD IQBAL BIN SEKAK (2020626934)

2022-01-15 13:02:20 UTC

2022-01-15 14:31:26 UTC

NUR AZWA NAZIRAH (2020406548)

LYVYLEN RYENE DOHNY2020677732

2020677732 — 2022-01-15 14:37:06 UTC

Nelcilla Olga Jumain (2020669534)

nelcillaolga — 2022-01-15 14:43:04 UTC

JUINA AMAT(2020881644)

2020881644 — 2022-01-15 15:33:32 UTC

The government should pay closer attention to how development financial institutions promote investment in manufacturing, high technology, international trade, and export industries, as well as how they complement the role of banking institutions, so that they do not abuse power or money for personal gain, according to one takeaway from the article that is relevant to Chapter 4.

JUINA AMAT( 2020881644)

2020881644 — 2022-01-15 15:35:19 UTC

One thing I took away from the article and chapter 5 is that Malaysia is good at managing the capital market by facilitating the transmission of monetary policy tools, adjusting the liquidity in the banking system, and managing to reconcile the interests of people with excess funds (buyers and lenders) and people who need short-term funds (sellers and borrowers).

JUINA AMAT (2020881644)

2020881644 — 2022-01-15 15:50:39 UTC

In my opinion, one of the reason if BNM use CBDCs is the use of third parties such as banks and international payment processing networks such as Visa, Mastercard or American Express in transactions is highly disadvantageous. The depreciation aspect of money that has to move through several exchanges and entities as a middleman for example from Ringgit Malaysia (RM) to US Dollar (US $) or to Pound Sterling (GBP) is problematic. Each time it changes hands, a third party will take advantage of the exchange before it reaches the final recipient.

EMEERA AALIYAH BINTI YUSMADY (2020874778)

2022-01-16 01:22:16 UTC

In my opinion, some people choose to borrow money from loan shark because the money is easy to gain and it is fast. It does not require strict procedures unlike Bank require a lot of information and documents just to approve one's loan request.

My suggestion on how to solve problem of loan sharks and illegal money lending in Malaysia is to raise more awareness campaign of the bad effects of lending from wrong sources.

The ways to encourage people to use bank credit facilities is banks should promote their product better with banners, and social media advertising

EMEERA AALIYAH BINTI YUSMADY (2020874778)

2022-01-16 01:27:26 UTC

One lesson that I’ve got after reading the article which is relevant with chapter four is that the Development Finance Institutions (DFIs) is an important and essential financial institution because it specializes in a particular field it helps to provide range of services such as investments in manufacturing, industrial and others.

IFFAH IZLIANA BINTI JAAFARUDIN (2020613062)

2022-01-16 02:41:17 UTC

JELYN JUIN (2020626554)

2020626554 — 2022-01-16 05:59:56 UTC

Answer the following past year questions as revision

ninalynfridrict — 2022-01-17 23:12:25 UTC

And answer this one too

ninalynfridrict — 2022-01-17 23:12:46 UTC

DANICEA DEL (2020892246)

2020892246 — 2022-01-23 11:32:25 UTC

DANICEA DEL (2020892246)

2020892246 — 2022-01-23 11:33:11 UTC

CHE WAN NUR AIN BINTI ABD AZIZ (2020893732)

2020893732 — 2022-01-23 17:18:53 UTC

DAYANG SUZIERAH ATIRAH BINTI HARUN (2020490828)

2020490828 — 2022-01-23 17:55:00 UTC

DAYANGKU NUR SYAZA HAZIRA BINTI PG MOHD SHAHIRANIZAM (2020603742) FIN263 TUTORIAL 1

Syazaaa16 — 2022-01-24 05:32:42 UTC

DAYANGKU NUR SYAZA HAZIRA BINTI PG MOHD SHAHIRANIZAM (2020603742) FIN263 TUTORIAL 2

Syazaaa16 — 2022-01-24 05:33:07 UTC