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null Policy Document on Bancassurance/Bancatakaful

press release

Policy Document on Bancassurance/Bancatakaful

30 Jun 2022 | Thursday

Bank Negara Malaysia has issued a policy document on Bancassurance / Bancatakaful.

The policy document sets out the policy requirements and guidance for bancassurance / bancatakaful arrangements, which aim to enhance the bancassurance / bancatakaful as an effective channel and further strengthen safeguards in place to ensure the delivery of better consumer outcomes. The requirements are now extended to bancassurance / bancatakaful partners, where relevant.

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