KUALA LUMPUR, Aug 9 (Bernama) - Development financial institutions (DFIs) need to diversify sources of funding to be sustainable in the long run and not be dependent on fiscal support to deliver their mandates, said Bank Negara Malaysia (BNM) Governor, Datuk Nor Shamsiah Yunus.
Date: 09 August 2018; Type: Industry Updates; Source: Bernama
|
KUALA LUMPUR, Aug 8 (Bernama) - The SURI Incentive Programme which enables housewives to gain access to quality social security and enhanced income security will be implemented in three phases, Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail said today.
Date: 08 August 2018; Type: Legal News; Source: Bernama
|
KUALA LUMPUR, Aug 1 - Bursa Malaysia Securities Berhad (635998-W) (Bursa Malaysia Securities) has publicly reprimanded, imposed a fine of RM20,000 and ordered to strike off Chan Ling Ern (CLE) from the Register if she was still a Registered Person of Bursa Securities for misconducts/ breaches relating to personal/ unauthorised trades in the account ...
Date: 01 August 2018; Type: Legal News; Source: Bursa Malaysia
|
KUALA LUMPUR, Aug 2 (Bernama) - The Securities Commission Malaysia (SC) has directed Lendingstar Malaysia Sdn Bhd (Lendingstar) to cease all activities with immediate effect.
Date: 02 August 2018; Type: Legal News; Source: Bernama
|
PUTRAJAYA, July 31 (Bernama) - Law enforcement agencies can freeze properties of persons investigated under the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA) for only up to 90 days, the Court of Appeal held.
Date: 31 July 2018; Type: Legal News; Source: Bernama
|
KUALA LUMPUR, July 30 (Bernama) - The implementation of the Employees Provident Fund (EPF) salary deduction for a husband who has more than one wife is currently being fine-tuned by the EPF and Social Security Organisation (Socso), said Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail.
Date: 30 July 2018; Type: Legal News; Source: Bernama
|
Kuala Lumpur, 30 July 2018 – Bursa Malaysia Berhad registered a Profit After Tax and Minority Interest (“PATAMI”) of RM122.0 million for the first half ended 30 June 2018 (“1H2018”), an increase of 5.0% from RM116.2 million reported in the previous first half ended 30 June 2017 (“1H2017”). The growth in PAT ...
Date: 30 July 2018; Type: Industry Updates; Source: Bursa Malaysia
|
KUALA LUMPUR, July 23 (Bernama) - The move to blacklist National Higher Education Fund Corporation (PTPTN) loan defaulters from leaving the country by the previous government is unfair, said Deputy Education Minister Teo Nie Ching.
Date: 23 July 2018; Type: Industry Updates; Source: Bernama
|
KUALA LUMPUR, July 20 (Bernama) - The Malaysian Institute of Accountants (MIA) launched a CFO Competency Framework for Public Interest Entities to enhance Chief Financial Officer (CFO) roles. The framework sets five key principles guiding the roles and expectations of a CFO and the six roles that represent the breadth of the CFO's remit. ...
Date: 20 July 2018; Type: Legal News; Source: Bernama
|
KUALA LUMPUR, July 18 (Bernama) - The Finance Ministry is willing to consider proposals to review laws no longer relevant pertaining to the grants to state governments, the Dewan Rakyat was told today. Finance Minister Lim Guan Eng said it was indeed the policy of the new government to ensure that all state governments were accorded fair treat ...
Date: 18 July 2018; Type: Legal News; Source: Bernama
|
KUALA LUMPUR, July 17 (Bernama) - The Malaysian Institute of Accountants (MIA) has released the second edition of the 'Illustrative MPERS Financial Statements, with Commentaries and Guidance Notes' (Illustrative MPERS Financial Statements).
Date: 17 July 2018; Type: Industry Updates; Source: Bernama
|
Bank Negara Malaysia (BNM) has updated its Financial Consumer Alert list. The list consists of companies and websites which are neither authorised nor approved under the relevant laws and regulations administered by BNM.
Date: 31 May 2018; Type: Legal News; Source: Bank Negara
|
KUALA LUMPUR, July 11 (Bernama) - Bank Negara Malaysia (BNM) has maintained the Overnight Policy Rate (OPR) at 3.25 per cent after the two-day Monetary Policy Committee (MPC) meeting which ended today.
Date: 11 July 2018; Type: Industry Updates; Source: Bernama
|
Kuala Lumpur, 9 July 2018 – Bursa Malaysia Berhad has issued a consultation paper to seek public feedback on the proposed review of the Main Market Listing Requirements and Rules and Directives of Bursa Malaysia Securities Berhad in relation to Exchange-Traded Funds (“ETFs”). The public consultation period will run from 9 July 201 ...
Date: 09 July 2018; Type: Legal News; Source: Bursa Malaysia
|
KUALA LUMPUR, July 5 (Bernama) - Over 500 leading members of Malaysia's accounting profession gathered at St Regis Kuala Lumpur on July 3 to look at navigating the future world of finance and how to develop the required professional skillset to successfully lead business in the 21st century.
Date: 05 July 2018; Type: Industry Updates; Source: Bernama
|
The Securities Commission Malaysia (SC) has announced that it is inviting parties interested to operate equity crowdfunding (ECF) or peer-to-peer (P2P) financing platforms to submit applications for registration with the SC. Applications must be submitted to the SC latest by 7 September 2018.
Date: 05 July 2018; Type: Legal News; Source: Asean LIP Reporter
|
KUALA LUMPUR, June 29 (Bernama) - The Employees Provident Fund (EPF) is abolishing the RM50 minimum requirement for members who voluntarily contribute to their accounts effective July 1.
Date: 29 June 2018; Type: Legal News; Source: Bernama
|
KANGAR, June 26 (Bernama) - The Finance Ministry will have to decide if it wants to proceed or abolish the Anak Malaysia Trust Fund (ADAM50), said Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail.
Date: 26 June 2018; Type: Industry Updates; Source: Bernama
|
KUALA LUMPUR, June 25 (Bernama) - Former Bank Rakyat managing director Datuk Mustafha Abd Razak and its former chairman Tan Sri Abdul Aziz Zainal were today freed on a charge for Criminal Breach of Trust (CBT) and abetment, respectively, involving nearly RM15 million.
Date: 25 June 2018; Type: Legal News; Source: Bernama
|
His Majesty Yang di-Pertuan Agong has on 19 June 2018 granted his royal consent to the recommendation of YAB Prime Minister Tun Dr. Mahathir Mohamad to appoint Datuk Nor Shamsiah Mohd Yunus as the new Governor of Bank Negara Malaysia.
Date: 22 June 2018; Type: Industry Updates; Source: Bank Negara
|