The formation of Ombudsman Malaysia which is set to replace the Public Complaints Bureau (PCB) will result in greater transparency and accountability as the country moves into the era of new Malaysia.

Kuala Lumpur: The Securities Industry Dispute Resolution Center (SIDREC) recently expanded its purview, allowing it to offer its services to investors and capital markets services providers with disputes relating to claims exceeding RM250,000.

The Securities Industry Dispute Resolution Centre (Sidrec), an alternative dispute resolution approved by the Securities Commission that was set up in January, is already reviewing cases from aggrieved claimants.