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 Expands Purview, Can Handle Claims Above RM250,000

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.