
Briefing for RAM (Rating Agency Malaysia) on SIDREC’s Role & Services & Key Lesson from Dispute Resolution
Briefing for RAM (Rating Agency Malaysia) on SIDREC’s Role & Services & Key Lesson from Dispute Resolution
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/

Briefing for RAM (Rating Agency Malaysia) on SIDREC’s Role & Services & Key Lesson from Dispute Resolution

SIDREC had another busy weekend, this time with Malaysia Investment and Stock Exchange Expo (MISEE) 2015 at Putra World Trade Centre, Kuala Lumpur.
Nanyang Siang Pau accorded SIDREC a front-page story detailing SIDREC’s online dispute resolution service during the COVID-19 pandemic lockdown on 21 December 2020. The leading
Securities Industry Dispute Resolution Center (201001025669)
Level 25, Menara Takaful Malaysia
No. 4, Jalan Sultan Sulaiman
50000 Kuala Lumpur
T: +60-3-2276 6969
E: info@sidrec.com.my