This discussion paper sets out Bank Negara Malaysia’s (BNM) proposed plan to modernise the Real Time Electronic Transfer of Funds and Securities System (RENTAS). This modernisation plan is centred around two overarching themes, namely futureproofing RENTAS and enhancing risk management and user functionalities. Key areas of development include supporting near 24/7 operations, wider participant access to RENTAS, enhancing data sharing and analytics capabilities, as well as more effective liquidity management tools.

This paper aims to gather feedback on the identified plans and use cases within the proposed RENTAS modernisation strategy.

BNM invites written feedback on the proposals in this discussion paper, including suggestions for specific issues, areas to be clarified or elaborated further, and alternative proposals BNM should consider. The written feedback should be supported with clear rationale, accompanying evidence or appropriate illustrations to facilitate an effective review of this discussion paper.

Responses must be submitted electronically to BNM by 15 April 2024 to [email protected].

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

See also:
RENTAS Modernisation Plans Discussion Paper