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Article Related To Financial Services Act

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PADU not integrated with bank information systems - Rafizi

PADU not integrated with bank information systems - Rafizi

PADU is a comprehensive database containing integrated microdata from various sources of government agencies and is scheduled to be launched on Jan 2.
Fri Dec 29 2023
Boost, AEON, Kuok Brothers linked consortiums win Malaysia's digital bank licences

Boost, AEON, Kuok Brothers linked consortiums win Malaysia's digital bank licences

Bank Negara Malaysia (BNM) said Boost-RHB Bank, GXS Bank-Kuok Brothers and Sea Ltd-YTL Digital Capital were licensed under the Financial Services Act 2013 (FSA).
Fri Apr 29 2022
BNM receives 29 applications for digital banking licenses

BNM receives 29 applications for digital banking licenses

Bank Negara Malaysia (BNM) has received a total of 29 applications for digital bank licenses under the Financial Services Act 2013 and the Islamic Financial Services Act 2013.
Fri Jul 02 2021
Businessman charged with illegal deposit-taking

Businessman charged with illegal deposit-taking

Razrul was charged with receiving RM132,900 in deposit from an individual without a valid licence, five years ago.
Thu Jun 17 2021
1MDB pays in full Bank Negara compound

1MDB pays in full Bank Negara compound

1Malaysia Development Berhad (1MDB) today said it had made the full payment or the compound issued by the Bank Negara Malaysia (BNM), earlier than the May 30 dateline.
Wed May 25 2016
Compound will be paid on or before due date, 1MDB tells Bank Negara

Compound will be paid on or before due date, 1MDB tells Bank Negara

1MDB said it will make the payment for the compound issued by the Bank Negara Malaysia on May 30 or even earlier than the date.
Thu Apr 28 2016
Bank Negara fines 1MDB

Bank Negara fines 1MDB

Bank Negara Malaysia (BNM) has issued a letter of administrative compound to 1Malaysia Development Bhd (1MDB)
Thu Apr 28 2016
Govt to review need to have law to curb abuse of 'shariah-compliant' term

Govt to review need to have law to curb abuse of 'shariah-compliant' term

Currently, Malaysia only have the Islamic Financial Services Act 2013 and the Securities Commission of Malaysia Act 1993 for shariah issues relating to banking and capital markets.
Thu Nov 12 2015
Bank Negara authorised under Financial Services Act to take action

Bank Negara authorised under Financial Services Act to take action

Bank Negara Malaysia would take enforcement actions on parties found to have transgressed or have not complied with rules and regulations issued under the Financial Services Act.
Tue Oct 20 2015
1MDB acknowledges BNM's right to revoke earlier permissions

1MDB acknowledges BNM's right to revoke earlier permissions

1MDB said it respects BNM's right to revoke its earlier permissions and issue any direction it deems fit under the Financial Services Act.
Fri Oct 09 2015
Maybank Islamic expects customers to switch to Mudarabah Investment Account

Maybank Islamic expects customers to switch to Mudarabah Investment Account

Maybank Islamic Bhd expects the bulk of its Mudarabah deposit account holders to reclassify their accounts to Mudarabah Investment Account.
Wed Apr 22 2015
New law for Shariah-non-compliance risk management

New law for Shariah-non-compliance risk management

Once enforced, the new Islamic Financial Services Act 2012 will ensure that Islamic financial institutions affairs are Syariah compliant.
Tue Feb 05 2013
Samples obtained by Chinese spacecraft show moon's ancient volcanism

Samples obtained by Chinese spacecraft show moon's ancient volcanism

The material provides new insight into the moon's geological history including the oldest evidence to date of lunar volcanism.
Sat Nov 23 2024
The scamdemic targeting the young and vulnerable

The scamdemic targeting the young and vulnerable

Teenagers and young adults are becoming prime targets for a new wave of cyber scams, a trend raising alarm bells across Southeast Asia.
Sat Nov 23 2024
Japanese manicurist takes on plastic pollution, one nail at a time

Japanese manicurist takes on plastic pollution, one nail at a time

Before global leaders address plastic pollution, a Japanese manicurist highlights the issue by incorporating it into her nail designs.
Sat Nov 23 2024
What to watch for ahead of US presidential inauguration

What to watch for ahead of US presidential inauguration

Here's a timeline of events between now and inauguration day.
Sat Nov 23 2024
The battle to reduce road deaths

The battle to reduce road deaths

In Malaysia, over half a million road accidents have been recorded so far this year.
Sat Nov 23 2024
Pro-Palestinian NGOs seek court order to stop Dutch arms exports to Israel

Pro-Palestinian NGOs seek court order to stop Dutch arms exports to Israel

The Dutch state, as a signatory to the 1948 Genocide Convention, has a duty to take all reasonable measures at its disposal to prevent genocide.
Sat Nov 23 2024
How quickly can Trump's Musk-led efficiency panel slash US regulations?

How quickly can Trump's Musk-led efficiency panel slash US regulations?

Moves by Trump and his appointees to eliminate existing rules will be met with legal challenges, as many progressive groups and Democratic officials have made clear.
Sat Nov 23 2024
2TM: Consultations on PTPTN loans, admission to IPTA at MOHE booth

2TM: Consultations on PTPTN loans, admission to IPTA at MOHE booth

Consultations on PTPTN loans and admission to IPTA are among services provided at the Higher Education Ministry booth.
Sat Nov 23 2024
Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily

Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily

Almost 200 residents from 60 homes in Kampung Tanjung Kala have ended up stuck when their 200-metre (m) long concrete bridge flooded.
Sat Nov 23 2024
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024