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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
Lebanese search for dead in devastated villages as Israel withdraws

Lebanese search for dead in devastated villages as Israel withdraws

Hezbollah says Israel was still occupying Lebanese territory and put the onus on the Lebanese state to get Israeli forces out.
Thu Feb 20 2025
China promises Latin America 'trustworthy' ties as Trump lays out demands

China promises Latin America 'trustworthy' ties as Trump lays out demands

Beijing looks to improve its foothold in a region historically under the US sphere of influence.
Thu Feb 20 2025
Major risks loom as Trump upends US Russia policy

Major risks loom as Trump upends US Russia policy

Washington's approach changes dramatically with the initial meeting between US and Russian negotiators.
Thu Feb 20 2025
Pope Francis has double pneumonia, complicating his treatment, Vatican says

Pope Francis has double pneumonia, complicating his treatment, Vatican says

Doctors say a polymicrobial infection occurs when two or more micro-organisms are involved and can be caused by bacteria, viruses, or fungi.
Thu Feb 20 2025
Philippines' VP Duterte challenges impeachment before Supreme Court

Philippines' VP Duterte challenges impeachment before Supreme Court

Sara Duterte makes her first legal move to fight the case that could lead to her removal and lead to a lifetime ban from public office.
Wed Feb 19 2025
Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

I feel so full of life, so much energy, because everything's new and I'm just focused on what is up ahead, Hamilton says.
Wed Feb 19 2025
UAE tells US' Rubio it rejects displacement of Palestinians

UAE tells US' Rubio it rejects displacement of Palestinians

The UAE's stance matters as its one of four Arab nations that normalised ties with Israel during Trumps first term.
Wed Feb 19 2025
Taylor Swift wins recording artist of the year crown for fifth time

Taylor Swift wins recording artist of the year crown for fifth time

The megastar's "The Tortured Poets Department" record also topped four IFPI charts, the IFPI says.
Wed Feb 19 2025
More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

Years of rebuilding work, including clearing unexploded ordinance and millions of tonnes of rubble lie ahead.
Wed Feb 19 2025
Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Liew Chin Tong says the restrictions would not affect the development of the domestic data centre ecosystem as a whole.
Wed Feb 19 2025