Malaysian Association of Money Services Business

Quarter 2

3 April 2021

For Northern Region

The Secretariat held its first regional meeting in Penang for the northern region members where approximately 40 members attended. As this was MAMSB’s first physical meeting, the Secretariat had the opportunity to meet the regional head Mr Umar Farouq and senior members of the industry from Penang. Apart from the CEO presenting the first quarter updates of the Association’s activities and introduction of the new team, a presentation was made on the MSB Digitalization Plan by Mr Ayaz Khan on behalf of the Education Committee followed by a very engaging session on compliance by GOCO Chairman. The engagement session finished with a very active Q&A session with the panel of presenters.

18 June 2021

For Central Region

29 July 2021

For Southern & East Malaysia

The Enhanced Movement Control Order (EMCO) declared sometime in early July of this year extinguished any hope the association had on having any face-to-face sessions and proceeded to host the industry engagement sessions virtually for the central region on the 18th of June and a month later on the 29th of July for members in the southern and East Malaysia regions. For the purpose of ensuring all 4 regions were given equal importance on dissemination of information, the agenda and presentations for all 4 regions were kept the same.