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TITLE: Public Consultation on Value-Based Intermediation (VBI) Initiative Consultative Document

DATE: 07/11/2018

7 November 2018
Circular No. 86/2018

TO ALL ACCOUNTANTS

PUBLIC CONSULTATION ON VALUE-BASED INTERMEDIATION (VBI) INITIATIVE CONSULTATIVE DOCUMENT

Bank Negara Malaysia (BNM) has issued the following two guidance documents to support the implementation of the Value-based Intermediation (VBI) initiative:

VBI Financing & Investment Impact Assessment Framework (VBIAF)
This document provides guidance on the assessment of financing and investment applications taking into consideration economic, social and environmental impacts.
VBI Scorecard
This supports the implementation of performance measurement frameworks for Islamic financial institutions that drive positive value and impact on society and the environment.

BNM invites written feedback on the two documents, particularly on the specific questions raised throughout the documents. Responses may include suggestions on issues/areas to be clarified or alternatives that BNM and its collaborators should consider. To facilitate an effective consultation process, the written feedback should be supported with clear reasons including accompanying evidence or illustrations where appropriate.

Members are encouraged to provide comments on the two documents to zulfa@mia.org.my and surinder@mia.org.my by 26 November 2018 for our collation and consideration before our submission to BNM.

Thank you.

DR. NURMAZILAH DATO' MAHZAN
Chief Executive Officer

Description: Value-based Intermediation Financing and Investment Impact Assessment Framework (Consultative Document)
⇓ Download
Format: PDF
Size: 2.13 MB

Description: Value-based Intermediation Scorecard (Consultative Document)
⇓ Download
Format: PDF
Size: 1.41 MB