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,