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KUALA LUMPUR: Bank Negara recently raided eight money changing and remittance business premises operating without a licence granted under section 7(1) of Money Services Business Act 2011 (MSBA), which is an offence under section 4(1) of MSBA.
KUALA LUMPUR: London-based digital money transfer company, WorldRemit, has been launched in Malaysia.
THE Malaysian Association of Money Services Business (MAMSB) supported by the Malaysia Digital Economy Corporation (MDEC), hosted a two-day Money Services Business Asia Pacific Conference 2017 (MAPC 2017) at Sasana Kijang, Bank Negara Malaysia, Kuala Lumpur.
SHANGHAI: Chinese investors flocked into money-market products at a rate outpacing equities and bonds last quarter, adding to what is already the biggest segment of the nation’s mutual fund industry.