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Time For A Consumer Credit Bill

Jonathan Lim, Secretary of Fintech Association of Malaysia (FAOM) & Partner at Zaid Ibrahim & Co

06-Mar-25 08:30

Time For A Consumer Credit Bill

The Consumer Credit Bill 2025 was tabled for the first reading in Parliament, with the intention of forming a Consumer Credit Commission (CCC) as the new authority regulating conventional and shariah non-bank credit providers and credit service providers. Jonathan Lim, Secretary of Fintech Association of Malaysia (FAOM) & Partner at Zaid Ibrahim & Co helps us understand how this bill helps to create a structured regulatory framework to protect borrowers.

Image Credit: Shutterstock.com

Produced by: Jake Lim

Presented by: Shazana Mokhtar, Wong Shou Ning, Philip See


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Categories:  financial wellness,  politics,  government,  Law/Activism

Tags:  consumer credit,  buy now pay later,  consumer rights,  online shopping, 


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