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Islamic Finance Briefing - Categorized | Compliance, Tax, Legal, Regulatory, Insurance (Takaful) more

Malaysia eases ownership rules for foreign insurers

Posted on 21 May 2009

From Linexlegal.com: The Malaysian Central Bank announced today new measures to boost the financial services sector which includes the relaxation of foreign shareholding restrictions in local insurance companies.

This client alert discuses these new measures, which are consistent with the gradual liberalization of the Malaysian insurance sector under the Financial Sector Master Plan promulgated in 2001…….Full Article: Source

 
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