This exposure draft outlines the revised requirements and guidance on Skim Pembiayaan Mikro (SPM), Micro Enterprises Facility (MEF) and other microfinance-related policies. These include strategic enablers to complement the SPM framework, policy requirements to provide a more enabling and fit-for-purpose regulatory framework for the implementation of SPM as well as the revised operational requirements that must be complied with by financial institutions prior to and during their participation in SPM and for the utilisation of MEF.

Bank Negara Malaysia (BNM) invites written feedback on the proposals in this exposure draft, including suggestions on areas to be clarified or elaborated and any alternative proposals that BNM should consider. The written feedback should be supported with clear rationale, accompanied with evidence or illustrations as appropriate, to facilitate BNM’s assessment.

Responses must be submitted electronically to BNM by 5 April 2024 to [email protected].

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

Issuance Date
5 January 2024

Issuing Department
Financial Inclusion Department

Document
Exposure Draft on Skim Pembiayaan Mikro