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CCA to provide clearer regulatory framework for consumer credit biz, better consumer protection

KUALA LUMPUR, April 9 The Consumer Credit Bill, targeted for tabling in Parliament in the fourth quarter of 2023, will strengthen the protection for consumers while supporting. ....

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BERNAMA - CCOB TASK FORCE RELEASES 2ND CONSULTATION PAPER, PROVIDES MORE DETAILS ON CONSUMER CREDIT ACT

BNM, SC, CCOB Task Force, Consumer Credit Act ....

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50 YEARS OF PROTECTING WORKERS

PERKESO issues gold and silver coins to mark golden jubilee ....

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Bank inspires over 7,000 students to get smarter about money despite pandemic

Siti Farzana (Best Student Award)
As part of its continuous efforts to enhance financial literacy in Malaysia, Maybank’s Cashville Kidz successfully reached out to over 7,000 students and some 100 educators from 21 schools nationwide in 2020.
In a year that was hugely impacted by the Covid-19 pandemic, the programme remained focused on increasing the financial literacy level to nearly 40%, surpassing the programme’s initial target of engaging 4,000 students.
Once again, Maybank held its Financial Education Excellence Awards this year to honour educators and students who had displayed extraordinary dedication in promoting and championing financial literacy in the country.
In its second edition, the awards were also aimed at further creating awareness in line with the National Strategy for Financial Literacy 2019-2023. ....

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Financial literacy programme to be launched in selected schools

FINANCIAL Industry Collective Outreach (Finco), a collaboration between all financial institutions in Malaysia with the guidance of Bank Negara Malaysia, announced a new financial literacy programme that will be launched in selected primary schools early next year.
The programme will be built on current efforts of individual financial institutions to address low levels of financial literacy, particularly among students from underprivileged communities. It will also support Malaysia’s national strategy for financial literacy.
Finco chief executive officer Clare Walker explained, “Finco sees an opportunity to build on existing financial literacy programmes and address the ‘knowing-doing gap’ by providing students with the opportunity to apply financial literacy concepts to real-life situations. ....

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