ANMI JOURNAL MAY 2016
Mumbai, May, 2016
Investor Confidence and Protection
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/
Mumbai, May, 2016
Investor Confidence and Protection
The Securities Commission Malaysia (SC) hosted its inaugural East Malaysia investor education event, Bersama InvestSmart® @ Borneo – Sabah 2019 on 29 to 30 June 2019.
Kuala Lumpur, 15 December – The Kuala Lumpur Regional Centre for Arbitration (KLRCA) and the Securities Industry Dispute Resolution Center (SIDREC) have signed a Memorandum of Understanding to strengthen and increase the degree of cooperation and dialogue between the two organisations.
Securities Industry Dispute Resolution Center (201001025669)
Unit A-9-1, Level 9, Tower A
Menara UOA Bangsar
No. 5, Jalan Bangsar Utama 1
59000 Kuala Lumpur
T: +60-3-2282 2280
F: +60-3-2282 3855
E: info@sidrec.com.my