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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
Public flips car involved in road accident to rescue child

Public flips car involved in road accident to rescue child

According to JBPM, members of the public at the scene took initial action to rescue the victim before the fire brigade arrived.
Fri Feb 21 2025
Ramsay reveals hundreds of lucky cat statues stolen from new restaurant

Ramsay reveals hundreds of lucky cat statues stolen from new restaurant

Gordon Ramsay says about 477 Japanese cat models called maneki-neko were stolen from his Lucky Cat 22 Bishopsgate restaurant.
Fri Feb 21 2025
Zayn Rayyan case: Two child witnesses complete testimony today

Zayn Rayyan case: Two child witnesses complete testimony today

So far, 20 prosecution witnesses, including the two children, have been called for this trial, according to the Deputy Public Prosecutor.
Fri Feb 21 2025
Macron says he will tell Trump not to be weak with Putin in Washington visit

Macron says he will tell Trump not to be weak with Putin in Washington visit

Emmanuel Macron says showing any weakness to Russia's Vladimir Putin would make it harder to deal with China and Iran.
Fri Feb 21 2025
Israeli PM Netanyahu says Hamas will pay for not returning Shiri Bibas

Israeli PM Netanyahu says Hamas will pay for not returning Shiri Bibas

Netanyahu accuse Hamas of acting "in an unspeakably cynical manner" by placing body of a Gaza woman in the coffin instead of Shiri Bibas.
Fri Feb 21 2025
Trump pulls US out of key global climate assessment, sources say

Trump pulls US out of key global climate assessment, sources say

The US is a co-chair along with Malaysia of a working group on climate mitigation, or ways to reduce greenhouse gas emissions.
Fri Feb 21 2025
Japan to court Tesla on Nissan investment, FT reports

Japan to court Tesla on Nissan investment, FT reports

The group hopes Tesla will invest strategically, believing it's interested in acquiring Nissan's US plants, the report says.
Fri Feb 21 2025
185 children linked to GISB handed over to families - Exco

185 children linked to GISB handed over to families - Exco

The children have been handed over to their families on bond with conditions by the court.
Fri Feb 21 2025
IRS fires 6,000 employees as Trump slashes US government

IRS fires 6,000 employees as Trump slashes US government

The move will eliminate roughly 6% of the agency's workforce in the midst of the busy tax-filing season.
Fri Feb 21 2025
Elon Musk wields chainsaw at conservative gathering, a gift from Argentina's Milei

Elon Musk wields chainsaw at conservative gathering, a gift from Argentina's Milei

This is the chainsaw for bureaucracy, says Elon Musk.
Fri Feb 21 2025