Bank Negara: Amended money services business law comes into effect today
KUCHING (Aug 1): The Money Services Business (Amendment) Act 2024 (MSBA 2024), enforced by Bank Negara Malaysia (BNM), comes into effect from Aug 1. In announcing this today, the central bank said the amendments to the MSBA will strengthen its ability to take effective enforcement actions against illegal operators to serve as a strong deterrent [...]
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