KUALA LUMPUR: Bank Negara Malaysia (BNM) would like the money services business to establish a code of conduct for the industry in 2014 in order to instil professionalism and good business practices, said BNM Deputy Governor Datuk Muhammad Ibrahim.
In his speech during the official launching of the Malaysian Association of Money Services Business (MAMSB), Muhammad said the association – which governs the money-changing business, remittance business and wholesale currency business – should consider implementing a certification process.
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