SC, Bank Negara to consolidate licensing regime


The review is taking into consideration that a sizeable number of FPs and FAs are dual-licensed today.

PETALING JAYA: The Securities Commission (SC) will conduct a joint review with Bank Negara towards consolidating the licensing regime between financial planners (FPs) and financial advisers (FAs), which are regulated by the SC and Bank Negara, respectively.

The review is taking into consideration that a sizeable number of FPs and FAs are dual-licensed today.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

A good deal for AmBank, but AmFirst?
Blooming Chinese beauty sector
Money-market funds are retail’s hot trade
The economics of rooftop solar power
LYC�– from Nasdaq dreams to GN3
S-REIT appeal builds up
Dubai Chocolate faces pistachio crunch
Betting on boom�–�and bust
Shanghai eyes asset hub status
China leads global EV race

Others Also Read