PIDM Hosts Flagship National Resolution Symposium to Foster Financial Industry Resilience and Crisis Coordination

26/08/2025
PIDM Hosts Flagship National Resolution Symposium to Foster Financial Industry Resilience and Crisis Coordination

Experts deliberate on strengthening resolution planning and strategies to promote financial system resilience

Kuala Lumpur, 26 August 2025: Perbadanan Insurans Deposit Malaysia (PIDM)’s National Resolution Symposium (NRS) continues to serve as a key platform for fostering thought leadership and meaningful collaboration on crisis preparedness and financial system resilience.
 
The symposium, themed ‘Precaution Over Reaction: Harvesting Readiness in an Uncertain World’, was officiated by Finance Minister II Datuk Seri Amir Hamzah Azizan, who also delivered the keynote address. Nearly 500 participants attended the third NRS, including senior leaders from domestic financial institutions, regulators across the region and international experts on resolution and crisis management.
 
“Resolution planning is not about predicting the next crisis. It is about ensuring that, when disruption comes, we are ready to move quickly and decisively,” said Rafiz Azuan Abdullah, Chief Executive Officer, PIDM.
 
“PIDM, as the resolution authority for our member institutions, is responsible for ensuring that they can be resolved in an orderly manner, while minimising disruption to the public and the financial system. The NRS plays a vital role in these efforts by bringing together diverse perspectives from both the public and private sectors – locally and globally – to challenge assumptions, strengthen resolution frameworks, and reinforce the resilience of our financial system against future shocks,” Rafiz added.
 
PIDM and Bank Negara Malaysia (BNM) jointly developed the Recovery and Resolution Planning (RRP) framework to strengthen the crisis preparedness and resilience of Malaysian financial institutions. Recovery planning, led by BNM, ensures that financial institutions can respond effectively to financial distress and restore viability. Resolution planning, led by PIDM, ensures that financial institutions can be resolved promptly and effectively, safeguarding public confidence and minimising disruption to the financial system.
 
Participants explored how regulators and financial institutions can work together to protect financial stability and reduce disruption during times of stress through curated panel discussions, masterclasses and roundtables at the NRS.
 
Members of the public interested in knowing how real-life financial institution failures were handled around the world – including the resolution of Silicon Valley Bank in the United States – may read about them in PIDM's ebook featuring 25 global case studies.
 
PIDM also announced the release of its Annual Report 2024 at NRS, which provides a clear and complete snapshot of PIDM’s performance, strategy and outcomes over the past year.  
 
For more information about PIDM’s role as Malaysia’s resolution authority and its efforts to maintain financial stability, visit www.pidm.gov.my.