19 January 2026

On 19 December 2025, Bank Negara Malaysia (“BNM”) issued a discussion paper on operational resilience (“Discussion Paper”). This Discussion Paper sets out BNM’s emerging direction and key considerations to strengthen the operational resilience of financial institutions in a landscape marked by greater digitalisation, complex interdependencies, and operational disruptions.

The Discussion Paper seeks to:

  • distil lessons from global and domestic operational disruptions that left widespread impact across the value chain of financial institutions;
  • synthesise the growing convergence in thinking and the key themes around operational resilience;
  • contextualise the key themes in Malaysia’s perspective, drawing on the interlinkages with existing requirements issued by BNM;
  • explore and discuss the challenges and trade-offs faced by financial institutions in applying these key themes within their respective circumstances; and
  • articulate the appropriate governance and accountability mechanisms to prompt and support more meaningful progress in elevating the operational resilience practices of financial institutions.

BNM invites written comments which must be provided in the template and submitted via email to pfpconsult@bnm.gov.my by 30 April 2026.