yup. my previous company, even the lowest rank (technicians) need to submit financial report. coz got cases before where technicians stole & pawned hundreds of ipads & laptops.

not high leh. ... jus cari makan level

not common at all, first time i heard company asked for CTOS report

Your loan/credit record, repayment history (on time or past due), if any bankruptcy filing/court cases etc.

If the company wants the CTOS report, they can buy it themselves.

If you want to join the company, then have to play the game la.
mostly big companies have extra resources to check all these things.
Also CTOS score can also show your characters also. if you have lower score, and always default your payments, then tahu-tahu lah.

Try say you don't want to give. Want to know what's their response

its not justified for employer to ask for this ; you're an employee not a business supplier where your credit worthiness needs to checked

some companies even do yearly assessment.
but shud be fine. they just want to protect themself.

thats NOT CTOS Report.....


CTOS only record bad debts records

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This post has been edited by O-haiyo: Aug 17 2021, 04:37 PM

Is this a high rank position? even so, CCRIS, CTOS and personality & compatability test should be done by the employer discreetly. This is for private sector excluding financial sector. (unsure BNM rules for hiring)

Most big companies would ask u sign consent form n they would hire 3rd party vendor to do the background check or they would do it themselves.

Your case, they are giving u the trouble for it.

Just be honest, so details in ccris or ctos matches with what u say.

It's all about integrity.

I would nicely reject and ask why for that.

You say it is protected under pdpa and a Breach of personal data. Reject. If they need something ask Them prepare B n W. Dont listen to others who do not know

If your credit record is clean and you have no bad debts and never been sued for debt payment or bankruptcy why not? The company can buy your CTOS report even if you don't give permission.

It is there

It's a reflection of your financial health, fiduciary aptitude and thus to a certain extend, your personal capabilities and skillset.

If you are not able to manage your finances well, then one can extrapolate that you may not be able to perform your job as well. Of course, this usually depends on the job offered and the responsibilities.

for me those are personal things and company should not even ask for it

CTOS report will not disclose the amount of loan and credit card outstanding amount.

It will show your credit rating, whether you have lawsuit (sued by debtors), overdue/miss payment of loan/credit card/service charge. (usually unpaid more than 2 months).

Few examples will list you on CTOS blacklist:

1. Unpaid overdue of broadband bill, phone installment, credit card bill, etc
2. Unpaid overdue hire purchase loan
3. Unpaid overdue of mortgage loan
4. Unpaid overdue of condo management fee
5. Someone sue you for money owe

This post has been edited by p4n6: Aug 17 2021, 09:31 PM

Also shows your business ownership as well under Sect C iirc