Tag: financial

Malaysia’s New Financial Ombudsman Scheme

The Financial Services (Financial Ombudsman Scheme) Regulations 2015 and their Islamic equivalent came into force on 14 September 2015. The regulations establish a Financial Ombudsman Scheme (FOS) in Malaysia as part of efforts by Bank Negara Malaysia (BNM) to enhance financial dispute resolution arrangements for consumers and strengthen consumer protection. The FOS will be an alternative to, but will not replace, dispute resolution through the courts.

Warning: Stocks Will Collapse by 50% in 2014

“We are in a gigantic financial asset bubble,” warns Swiss adviser and fund manager Marc Faber. “It could burst any day.” ….doesn’t hesitate to put the blame squarely on President Obama’s big government policies and the Federal Reserve’s risky low-rate policies, which, he says, “penalize the income earners, the savers who save, your parents — why should your parents be forced to speculate in stocks and in real estate






Bank Negara Circulars and Guidelines 2012 – 2013 | Insurance & Takaful Industry

 Bank Negara Guidelines & Circulars issued in 2012 and being implemented in 2013. As we enter 2013 it is refreshing for us to take a glimpse of what’s would be brewing in the next couple of months and I take…

Skim Amanah Rakyat 1Malaysia | Available 30th January 2012

Introducing the latest SKIM AMANAH RAKYAT (SARA) 1MALAYSIA The Malaysian government has just launched the Skim Amanah Rakyat (SARA) 1Malaysia, which is offering a 32.16% return per annum on your investment…. something too good to be true perhaps that’s what…

Something on Insurance from Minority Shareholder Watchdog Group

MSWG simply means Minority Shareholder Watchdog Group I am a fan of MSWG, they are just so down to earth calling themselves WATCHDOG, and of course DOG! For the purpose of this writeup, we wish to write something on Syarikat…