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Financial Services Act to spark new insurance company mergers?
PETALING JAYA: Will the soon-to-be-gazetted Financial Services Act (FSA) and Islamic Financial Services Act (IFSA) spark another round of consolidation among domestic insurers?
Further takaful sector consolidation expected
KUALA LUMPUR: The takaful segment may see further consolidation due to the Islamic Financial Services Act (IFSA) that requires composite takaful providers to segregate their family and general units under separate licences, says Great Eastern Takaful Bhd chief executive officer Zafri Abdul Halim.
Merger and acquisition in takaful sector
PETALING JAYA: Islamic insurers, lagging behind the merger and acquisition (M&A) scenario, are likely to see some consolidation.
Bank Negara may issue up to five digital bank licences
PETALING JAYA: In a move to kickstart the innovative application of technology in the financial sector, Bank Negara Malaysia has issued the Exposure Draft on Licensing Framework for Digital Banks.
Report: Malaysia's Islamic Finance Overhaul Boosts Protection For Depositors
KUALA LUMPUR/DUBAI: New laws governing Malaysia's Islamic finance sector will boost protection for depositors by making religious advisers legally accountable for financial products, and liable to steep fines and prison time for wrongdoing.
Infrastructure projects to boost Malaysia's lead role in Sukuk mart
KUALA LUMPUR: The infrastructure projects to be launched in Asean and the Middle East and North Africa (Mena) regions will continue to put Malaysia as the champion in the sukuk market next year, said CIMB Islamic Bank Bhd.
Bank Negara issues policy document on digital banks
KUALA LUMPUR: Bank Negara Malaysia has issued a policy document on licensing framework for digital banks following a six-month public consultation.
RHB, YTL, AEON Credit among the five winning digital bank licence
KUALA LUMPUR: Bank Negara has announced the five successful applicants for the digital bank licences as approved by the Minister of Finance Malaysia.
Should MAA’s selective capital reduction be priced higher?
WHEN it was announced that MAA Group Bhd’s major shareholders were looking to take the company private, investors were, understandably, very enthusiastic.
Should MAA’s selective capital reduction be priced higher?
WHEN it was announced that MAA Group Bhd’s major shareholders were looking to take the company private, investors were, understandably, very enthusiastic.
