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Malaysia Guidelines on Agent Banking – Overview and Summary of Requirements

  • By: Staff Editor
  • Date: April 11, 2013
Webinar All Access Pass Subscription Abstract:

Agent banking is the use of non-bank retail outlets by financial institutions (FIs) to deliver financial services on its behalf, particularly to the underserved in a more cost-efficient manner. Malaysia introduced these guidelines with the objectives of facilitating implementation of agent banking in unserved areas, in a reliable, safe and sustainable manner whilst safeguarding consumer interest and confidentiality.


This article provides a brief overview of the regulatory requirements provided in the guidelines.
 

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