BNM Penalties For Banking Disruptions

Ling Kay Yeow, Partner, Ernst & Young Consulting Sdn Bhd

16-Aug-24 08:45

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Malaysia’s top two banks were fined a combined RM5 million for prolonged service disruptions that breached financial services laws. We discuss the implications of the penalties imposed on service delivery with Ling Kay Yeow, Partner at Ernst & Young Consulting.

Image Credit: shutterstock.com

Produced by: Natalie Tan

Presented by: Wong Shou Ning

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Categories: managing

Tags: automated teller machine, cimb bank, maybank, bank negara malaysia,

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