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KUALA LUMPUR (Dec 10): Bank Negara Malaysia (BNM) assistant governor Fraziali Ismail has warned against unethical advice encouraging members of the Employees Provident Fund (EPF) who are not in financial distress to withdraw from their Account 1 to invest in investment assets that carry much higher risks, after the enhanced i-Sinar facility was announced by the fund.
In his keynote address at the Malaysian Financial Planning Council Professional & Ethics Forum 2020, he said this after self-proclaimed financial gurus on social media irresponsibly advised borrowers who are not facing financial difficulties to seek loan moratoriums or channel their savings from the deferred loan repayments into higher risk investments to make quick returns. ....

Kuala Lumpur , Fraziali Ismail , Malaysian Financial Planning Council , Ethics Forum , Provident Fund , Bank Negara Malaysia , Employees Provident Fund , குவாலா லம்பூர் , மலேசியன் நிதி திட்டமிடல் சபை , நெறிமுறைகள் மன்றம் , வருங்கால நிதி , வங்கி நெகாரா மலேசியா , ஊழியர்கள் வருங்கால நிதி ,