The Securities Industry Dispute Resolution Center (SIDREC), which begins operations today, aims to resolve small claims disputes in an efficient and timely manner – within 90 days upon receipt of complete documentation.

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.

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.