Announcements

SIDREC and OFS Consolidated – Welcome to FMOS

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We are pleased to announce that the Ombudsman for Financial Services (OFS) and the Securities Industry Dispute Resolution Center (SIDREC) have been consolidated into the Financial Markets Ombudsman Service (FMOS), effective 1 January 2025.

The establishment of FMOS on 1 January 2025 marks a significant milestone in creating a unified and robust platform for consumer and investor protection and enhancing the operational synergies of the two ADR bodies.

More updates will be shared on this exciting development!

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SIDREC continues to resolve capital market-related monetary disputes despite the pandemic

Kuala Lumpur: The Securities Industry Dispute Resolution Center (SIDREC) today released its 2021 Annual Report. The Report highlights SIDREC’s success and resilience in providing investors with an alternative dispute resolution (ADR) avenue to the courts to seek redress for monetary disputes that they have with providers of capital market products and services who are members of SIDREC.