Malaysian Transportation, Insurance and Logistics Law from MLTIC

ASEAN Insurance Brokers allowed to provide Cross-border Services as Approved Brokers in Malaysia

Bank Negara Malaysia has announced that insurance brokers licensed, registered, approved or otherwise regulated and supervised in the ASEAN countries are now allowed under the fifth package commitment of the ASEAN Framework Agreement on Services (AFAS) to provide cross-border insurance broking services to Malaysian international MAT risks owners.

Guidelines on Internal Capital Adequacy Assessment Process for Insurers

Bank Negara Malaysia has issued Guidelines on Internal Capital Adequacy Assessment Process (ICAAP) for Insurers.

Consultation Paper on Malaysia Deposit Insurance Corporation (Disclosure Requirements for Trust Accounts and Joint Accounts) Regulations 2011

The purpose of this Consultation Paper is to seek the views and comments on the proposed refinements to the Regulations, as set out in the draft Malaysia Deposit Insurance Corporation (Disclosure Requirements for Trust Accounts and Joint Accounts) Regulations 2011.

BNM updates Guidelines on Data Management and MIS Framework

Bank Negara Malaysia has updated the Guidelines on Data Management and MIS Framework. The Guidelines apply to Banking, Insurance and Takaful.

BNM announces New Measures on Motor Insurance

Bank Negara Malaysia has announced new measures on motor insurance aimed at ensuring consumers are advised accordingly on the appropriate market value of motor vehicles when purchasing a comprehensive motor insurance cover for private cars.