Banking Rules Trying to Find Their Teeth
Dr Suresh Ramanathan, Independent FX Strategist
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In a stab at accountability and transparency, Bank Negara proposes to bifurcate chairpeople and CEOs, prevent directors' overstaying and paying bonuses in instalments. Why? And will it work?
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Tags: Dodd-Frank Act, Volcker Rule, Bank Negara Malaysia, systemic risks, bonuses