Bank Negara not in pension fund investment panel, says Ahmad MaslanBANKNEGARA_180914_TMIAFIF_002.jpg

The removal of Bank Negara Malaysia's (BNM) representative from the Retirement Fund Incorporated (KWAP) investment panel, as proposed in the amendment to the KWAP Act 2007, is a request from the central bank, the Dewan Negara was told. Deputy Finance Minister Datuk Ahmad Maslan said this was because BNM was the regulatory body for finance and...