Any answer yet?

Coz i have around 8-10 credit cards, mostly unused and ready to cancel if kena SST

hard to implement because banks don't know how many cards you have with other banks
so this system would require that you pay the government directly, with the banks reporting to the government how many cards each person own, tracked by IC maybe ?
But it'll be really hard to make people pay
or if it's 1st CC per bank is free, then it defeats the purpose

I don't agree with this tax but I don't think it is burdensome either, just cancel your cards en masse like what I'm doing now. If you don't spend a lot then not using CC is also an option, just stick to debit cards

That is CCRIS, regulated by BNM.
Only for bad credit and current financial obligation (others loans, and monthly payment) not for info like how many cards you have, what is the credit limit on each card etc

Privacy issues. I have serious concerns about the idea that banks can tell each other info about you like how many CC you have with them. Then maybe another bank will use this for marketing purposes and convince you to Balance Transfer to them. Under the current system other banks don't know anything unless you have defaulted