Laws covering trust firms, cash trust schemes to be tightened, Dewan Rakyat told | TheStarTV.com

Laws covering trust firms, cash trust schemes to be tightened, Dewan Rakyat told

Published on 2 Mar 2026 3:37:38 PM

The government will tighten laws on trust companies and "cash trust" schemes amid concern over aggressive products promising high returns and targeting retirees and ordinary investors.

Deputy Domestic Trade and Cost of Living Minister Datuk Dr Fuziah Salleh told the Dewan Rakyat that the Trust Companies Act 1949 (Act 100), enforced by the Companies Commission of Malaysia (SSM), is no longer sufficient.

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news, thestartv, the star, dewan rakyat, parliament, domestic trade and cost of living ministry, fuziah salleh, review, trust companies act, trustee act, risks, investments, loopholes, cash trust, trust companies

The government will tighten laws on trust companies and "cash trust" schemes amid concern over aggressive products promising high returns and targeting retirees and ordinary investors.

Deputy Domestic Trade and Cost of Living Minister Datuk Dr Fuziah Salleh told the Dewan Rakyat that the Trust Companies Act 1949 (Act 100), enforced by the Companies Commission of Malaysia (SSM), is no longer sufficient.

Read more at https://tinyurl.com/4cvs72vv

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, thestartv, the star, dewan rakyat, parliament, domestic trade and cost of living ministry, fuziah salleh, review, trust companies act, trustee act, risks, investments, loopholes, cash trust, trust companies

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