
Visit SIDREC at InvestSmart® Fest 2018
The InvestSmart Fest 2018 is back at the Kuala Lumpur Convention Centre (Hall 2) from 12 to 14 October!
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/

The InvestSmart Fest 2018 is back at the Kuala Lumpur Convention Centre (Hall 2) from 12 to 14 October!
SIDREC has relocated to a new office premise at Menara Takaful Malaysia, Kuala Lumpur, effective today, Wednesday, 18 September 2024! 📍 New Address: Level 25,

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