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

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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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