Bank Negara, SC launch dispute resolution service for financial markets


From left: Chairman of Securities Commision Datuk Mohammad Faiz Azmi, chairman of FMOS Tan Sri Foong Cheng Yuen and Bank Negara Deputy Governor Datuk Jessica Chew Cheng Lian officiating the launch of the FMOS at Sasana Kijang

KUALA LUMPUR: Bank Negara and the Securities Commission have launched the Financial Markets Ombudsman Service (FMOS), which serves as a centralised dispute resolution centre for financial consumers and investors nationwide.

According to a statement issued by the central bank, the FMOS is the product of a merger between the Ombudsman for Financial Services (OFS) and

the Securities Industry Dispute Resolution Center (SIDREC).

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BNM , SC , FMOS , ombudsman , dispute

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