Bank Negara Malaysia - Powers of The Bank

Powers of The Bank

The bank is endowed with certain powers through establishment of legal Acts by the Parliament of Malaysia to help fulfill its objectives. New legislation are created and current legislation is amended to reflect the needs of the time and future.

Read more about this topic:  Bank Negara Malaysia

Famous quotes containing the words powers of, powers and/or bank:

    The powers of the federal government ... result from the compact to which the states are parties, [and are] limited by the plain sense and intention of the instrument constituting that compact.
    James Madison (1751–1836)

    Dear to us are those who love us, the swift moments we spend with them are a compensation for a great deal of misery; they enlarge our life;Mbut dearer are those who reject us as unworthy, for they add another life: they build a heaven before us, whereof we had not dreamed, and thereby supply to us new powers out of the recesses of the spirit, and urge us to new and unattempted performances.
    Ralph Waldo Emerson (1803–1882)

    People get a bad impression of it by continually trying to treat it as if it was a bank clerk, who ought to be on time on Tuesday next, instead of philosophically seeing it as a painter, who may do anything so long as you don’t try to predict what.
    Katharine Whitehorn (b. 1926)