BIMB Integrated Annual Report 2019

Regulatory Landscape Aligning with Dynamic Changes in Regulations Why is this important to us? As a holding institution that oversees subsidiaries across banking and non-banking businesses in Malaysia, BHB places high importance on efforts to maintain a strong and stable financial sector with robust financial and operational resilience, supported by strong risk management and compliance capabilities. As regulations change to keep abreast with the dynamic market such as with the implementation of Basel III prudential reforms for banks and enhancing valuation standards that drive capital requirements for the insurance sector, BHB impresses upon the importance of keeping aligned with the regulation changes and requirements for each separate business subsidiaries, as well as understanding the risks of the different regulatory requirements between our bank and non-bank subsidiaries. Competitiveness Being Agile and Adaptive to Remain Relevant and Competitive Why is this important to us? As a holding institution that oversees subsidiaries across banking, insurance and securities, we understand the need for fast actions to capitalise on opportunities, mitigate risks and address challenges that relate specifically to the differing concerns of each subsidiaries. For growth to progress within each of the businesses, there is a need for each subsidiary to be equipped to leverage and grow to their individual strengths. This includes implementing initiatives such as digitalisation and green financing. 65 BIMB HOLDINGS BERHAD 199701008362 (423858-X) Shareholders’ Information Financial Statements Additional Information Disclosure Summary