Bank Negara Malaysia's Policy Document on Licensing and Regulatory Framework for Digital Insurers and Takaful Operators was released this week. It will no longer limit the number of licences to just 5, but will go to any digital insurer and takaful operator that meets its requirements. Vincent Fong, Chief Editor & Country Manager of Fintech News Malaysia, explains the impact of this on Malaysian consumers.



Image Credit: shutterstock.com

Bank Negara Malaysia's Policy Document on Licensing and Regulatory Framework for Digital Insurers and Takaful Operators was released this week. It will no longer limit the number of licences to just 5, but will go to any digital insurer and takaful operator that meets its requirements. Vincent Fong, Chief Editor &amp; Country Manager of Fintech News Malaysia, explains the impact of this on Malaysian consumers.Image Credit: <a target="_blank" rel="noopener noreferrer nofollow" href="http://shutterstock.com">shutterstock.com</a>

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

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