This article first appeared in The Star Online on January 22, 2019.

PETALING JAYA: A looming financial crisis in the wake of rising global debt can be averted if the present monopolistic structure of the Malaysian financial system is removed, the Asian Shadow Financial Regulatory Committee (ASFRC) says.

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This article first appeared in The Malaysian Reserve on January 22, 2019.

The Asian Shadow Financial Regulatory Committee (ASFRC), a group of experts on financial markets and related policy issues in the Asia-Pacific region, has made several recommendations to preserve financial stability and reduce the likelihood of a financial crisis in the near future.

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This article first appeared in Free Malaysia Today on January 21, 2019.

PETALING JAYA: A group of financial academics today warned of the possibility of a financial crisis in Asia, in light of the mounting global debt levels.

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This article first appeared in New Straits Times on January 22, 2019.

KUALA LUMPUR: THE Asian Shadow Financial Regulatory Committee (ASFRC) has warned of the possibility of another financial crisis, given the rising global debt levels.

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This article first appeared in Berita Harian Online on January 21, 2019.

KUALA LUMPUR: Sistem monopoli oleh bank-bank utama di Malaysia perlu dirombak dengan mewujudkan lebih banyak entiti perbankan kecil dan sederhana bagi memastikan kemampanan ekonomi sekiranya berlaku kejutan luaran tidak dijangka, demikian menurut Asian Shadow Financial Regulatory Committee (ASFRC).

Continue reading “Sistem monopoli bank besar perlu dirombak” →