Bank Negara Malaysia has published the Financial Reporting for Development Financial Institutions Policy Document, which aims to clarify and set minimum expectations for the application of the Malaysian Financial Reporting Standards to a prescribed development financial institution (DFI).

The Policy Document also aims to ensure adequate disclosures by DFIs in the financial statements to improve comparability for users of financial statements, apart from facilitating the assessment of a DFI’s financial position and developmental or mandate achievements.

Find out more:
Policy Document on Financial Reporting for Development Financial Institutions

Issuance Date
2 December 2022