
Annual Report 2023 Out Soon!
SIDREC Annual Report 2023 will be out soon. Stay tuned!
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/
SIDREC Annual Report 2023 will be out soon. Stay tuned!
The Securities Industry Dispute Resolution Center (SIDREC) is on track to start operations in early 2011 following the gazette of the Capital Markets and Services (Dispute Resolution) Regulations 2010 which come into effect on 30 Dec 2010.
SIDREC Annual Report 2022 will be out soon. Stay tuned!
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