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Commercial and Islamic Banks to Join as SIDREC Members under Dispute Resolution Framework for Capital Markets

MEDIA RELEASE
Kuala Lumpur, 5 September 2016

Commercial and Islamic Banks to Join as SIDREC Members under Dispute Resolution Framework for Capital Markets

The Securities Commission Malaysia (SC) and Bank Negara Malaysia (BNM) announce today that commercial and Islamic banks offering capital market services and products will become members of the Securities Industry Dispute Resolution Center (SIDREC), as part of efforts to enhance the financial dispute resolution arrangements for consumers in Malaysia. This announcement follows the SC’s amendment to the Capital Markets and Services (Dispute Resolution) Regulations 2010, which takes effect today.

Download the Bahasa Malaysia version of the Media Release; English version of the Media Release.

View the list of 43 new Members comprising Commercial and Islamic banks.

View the FAQ pertaining to this Media Release.

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