Financial Technology Enabler Group

The industry should know about this newly established setup….  This is where you need to approach to apply for approval of those so-called Financial industry disruptive IT platform. Check them out.

The Financial Technology Enabler Group (FTEG) was established by Bank Negara Malaysia (BNM) in June 2016 to support innovations that will improve the quality, efficiency and accessibility of financial services in Malaysia. Comprising of cross functionalgroup within BNM, the FTEG is responsible for formulating and enhancing regulatory policies to facilitate the adoption of technological innovations in the Malaysian financial services industry. 

“Embrace technology and at the same time, be mindful of the challenges that come with it.  Don’t be a dinosaur. Look beyond traditional ways of doing things. Focus not so much on the rules but on the outcomes we want to achieve and how we want to use technology.”

– Aznan Abdul Aziz, Chairman, FTEG

Director, Financial Sector Development

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Regulatory Sandbox

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