AIR+28 Jun 2018

Malaysian regulator reconsidering foreign ownership rules

| 28 Jun 2018

Bank Negara Malaysia (BNM) is expected to take another look at the directive that limits the ownership foreign insurers have of their local units by 30%. Difficulty in finding domestic buyers for the equity stakes has been cited as the reason, with BNM likely to remove the requirement entirely, according to a report by Reuters.

Archived articles are available to Magazine subscribers only.

If you are already a subscriber

OR sign-up for a trial access here Trial Access

For Full Access to the magazine SUBSCRIBE here.
CAPTCHA image
Enter the code shown above in the box below.

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.

 
Error : Object reference not set to an instance of an object.

Recent Comments
Other News

Follow Asia Insurance Review

message