I am pleased and thrilled to announce the launch of my new book! This book is an essential guide to the Financial Services Act 2013 and its impact on the operational aspects of life and general insurance.
The Financial Services Act 2013 came into effect on 30th June 2013 and is one of the most significant legislations ever to affect the Malaysian financial sector. This Act replaces and thus repeals several Acts, including the Banking and Financial Institutions Act 1989 (BAFIA), the Exchange Control Act 1953, the Insurance Act 1996 and Payment Systems Act 2003. This handbook is intended to serve as a guide to those involved in the application and operational aspects of life and general insurance.
The focus of this book is on Schedule 8, Schedule 9 and Schedule 10 of the Financial Services Act 2013 and would thus serve as a useful tool to those in the underwriting, policy servicing, claims, training and group insurance departments of insurance companies in Malaysia.
The Handbook will be available for purchase at leading bookstores from mid-August 2013 onward.