Lim: Financial Markets Ombudsman Service (FMOS) to be formed by 2025


KUALA LUMPUR: The Financial Markets Ombudsman Service (FMOS) will be established by 2025 to streamline financial dispute resolution for consumers and institutions, says Lim Hui Ying.

The Deputy Finance Minister said Bank Negara Malaysia (BNM) and the Securities Commission (SC) are in the final stages of merging the Ombudsman for Financial Services (OFS) and the Securities Industry Dispute Resolution Centre (SIDREC).

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

Next In Nation

Pangolin still in danger despite reduced threat in Sabah
Economic opportunities for Penang predicted to prosper mid-2026
Trump hikes US global tariff rate to 15%
Langkawi waves claim life of Shanghai man
Broader statutory body to oversee premium crops
Easing financial hardships�
Perikatan faces leadership test
Displaced families seek refuge as rains continue
Flood response in full swing
Hunt on for trio alleged to have hypnotised, cheated woman

Others Also Read