World Telecommunication & Information Society Day
Announcements SIDREC supports the World Telecommunication and Information Society Day which is celebrated annually on 17 May to highlight the importance of telecommunication. This year’s
A SIDREC Info Alert:
Bank Negara Governor announces new requirements lowering the threshold for banks’ daily cash threshold report (CTR), from 1 January 2019.
Banks will be required to report any cash transaction exceeding RM25,000 in their CTR. This reduces the reporting threshold of cash transactions through financial Institutions, from the current RM50,000 to RM25,000.
Customers will be required to provide information (e.g. the source of funds and purpose of transaction) for transactions involving cash amounts exceeding RM25,000.
For more details read, the full story from The Star Online in the link:
https://www.thestar.com.my/news/nation/2018/10/31/only-rm25000-per-transaction-soon-bank-negara-any-amount-higher-than-that-will-be-checked/
Announcements SIDREC supports the World Telecommunication and Information Society Day which is celebrated annually on 17 May to highlight the importance of telecommunication. This year’s

4E Journal
Vol. 16, No. 2, 2Q2016
www.fpam.org.my

SIDREC and its Board of Directors wish to announce that Sujatha Sekhar Naik has stepped down from her role as CEO of SIDREC as of 15 October 2019.
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