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Securities Commission Malaysia: Commercial And Islamic Banks To Join As SIDREC Members Under Dispute Resolution Framework For Capital Markets

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The Securities Commission Malaysia (SC) and Bank Negara Malaysia (BNM) announce today that commercial and Islamic banks offering capital market services and products will become members of the Securities Industry Dispute Resolution Center (SIDREC), as part of efforts to enhance the financial dispute resolution arrangements for consumers in Malaysia. This announcement follows the SC’s amendment to the Capital Markets and Services (Dispute Resolution) Regulations 2010, which takes effect today.

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