Mar 22 2017, 07:48 PM
time to migrate to singapore.
QUOTE
10. What are the penalties for not complying with the FEA rules?
Per subsection 214(9) of the Financial Services Act and / subsection 225(9) of the Islamic Financial
Services Act, non-compliance with any of the FEA Rules will result in either one of the following:
a) Imprisonment up to 10 years;
b) Fine up to RM50 million; or
c) Both.
Per subsection 214(9) of the Financial Services Act and / subsection 225(9) of the Islamic Financial
Services Act, non-compliance with any of the FEA Rules will result in either one of the following:
a) Imprisonment up to 10 years;
b) Fine up to RM50 million; or
c) Both.
This post has been edited by troller2: Mar 22 2017, 07:49 PM
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