This Exposure Draft sets out the proposed standards and guidelines to be observed by Registered Currency Processors (RCPs) in order to ensure prudent practice, professionalism, integrity, accountability and transparency of currency processing businesses. The exposure draft covers related key areas as follows:

1. governance;
2. operational requirements;
3. internal control; and
4. information technology (IT) requirements.

Bank Negara Malaysia (BNM) would like to invite written feedback on the proposals in this exposure draft, including suggestions for specific issues, areas to be clarified or elaborated further, and any alternative proposals that BNM should consider. The written feedback should be supported with clear rationale, accompanying evidence or appropriate illustrations to facilitate an effective review of this exposure draft.

Feedback for the exposure draft must be submitted electronically to BNM by 15 March 2024 to [email protected].

Submissions received may be made public on anonymous basis unless confidentiality is specifically requested for the whole or any part of the submission.

Issuance Date
17 January 2024

Issuing Department
Currency Department

Document
Exposure Draft on Currency Processing Business