4.9 /5

OVERALL RATING

98%

Happy Clients

14001

USER REVIEWS

FIN360 Legal Aspects And Ethics In Banking UITM Assignment Answers Malaysia

FIN360 Legal Aspects And Ethics In Banking course is designed to provide students with an understanding of the legal aspects of banking and the ethical considerations that need to be taken into account when working in the banking industry. The course will cover a range of topics such as contracts, negligence, consumer protection, financial regulation, and money laundering. In addition, the course will also look at ethical issues such as conflicts of interest, bribery, and corruption. By the end of the course, students should have a good understanding of the legal and ethical issues that they need to be aware of when working in the banking industry.

Buy Non Plagiarized & Properly Structured Assignment Solution

Purchase low-cost assignment answers of FIN360 Legal Aspects And Ethics In Banking from Malaysian expert writers.

Assignmenthelper.my is your go-to platform for accessing low-cost assignment solutions for FIN360 Legal Aspects and Ethics in Banking. Our team of expert writers from Malaysia specializes in providing high-quality assistance for all types of assessments, including individual assignments, group assignments, group projects, and projects related to FIN360. We understand the importance of meeting learning outcomes, and when you place an order with us, rest assured that you will receive plagiarism-free assignment answers.

Our comprehensive services cover a wide range of topics and complexities, ensuring that you receive accurate and well-researched solutions. Whether you need a FIN360 assignment example or assistance with any other academic task, our skilled writers are here to help. With a commitment to excellence, affordability, and timely delivery, Assignmenthelper.my is your trusted partner for academic success.

Assignment Activity 1: Identify and explains the various legal aspects relating to commercial banks.

Commercial banks are subject to a variety of laws and regulations, which govern their operations and activities. These laws and regulations are designed to protect consumers, depositors, and investors, and to ensure the stability and integrity of the banking system. Some of the most important laws that apply to commercial banks include the Banking Act 1959, the Banking Ordinance 1962, the Central Bank of Malaysia Act 2009, and the Financial Services Act 2013.

  • The Banking Act 1959 is the primary piece of legislation governing the operations of commercial banks in Malaysia. The act sets out the requirements for licensing and registration of banks, as well as the prudential rules that banks must follow. The act also establishes the role of the central bank, Bank Negara Malaysia, in supervising and regulating the banking sector.
  • The Banking Ordinance 1962 sets out the offenses that can be committed by banks and their employees, and the penalties that may be imposed. The ordinance also provides for the establishment of a Deposit insurance scheme, which protects depositors in the event of a bank failure.
  • The Central Bank of Malaysia Act 2009 establishes the legal framework for the operation of Bank Negara Malaysia, the country’s central bank. The act sets out the powers and functions of the central bank, as well as the rules that it must follow in carrying out its supervisory and regulatory role.
  • The Financial Services Act 2013 is the primary piece of legislation governing the financial services sector in Malaysia. The act sets out the regulatory framework for all financial institutions, including banks. The act also establishes the Malaysian Financial Planning Council, which is responsible for supervising and regulating the financial planning profession.

These are some of the key laws that apply to commercial banks in Malaysia. Understanding these laws is important for anyone working in the banking industry, as they govern the way in which banks must operate.

Hire Writer For Custom Assignment Assistance

Assignment Activity 2: Use relevant statutes and laws to solve the problems relating to banking operations.

Malaysia has a detailed and comprehensive statutory framework governing banking operations. The financial sector is regulated by the Central Bank of Malaysia, which is responsible for promoting monetary stability and supervising financial institutions.

The Banking Act regulates the activities of banks and prescribes minimum capital requirements, prudential limits on lending and investment, and other measures to ensure the stability of the banking system. The act also establishes the Malaysia Deposit Insurance Corporation, which provides insurance for bank deposits up to a certain limit.

In addition, the Shariah Advisory Council provides guidance on Islamic banking and finance. These laws and regulations provide a strong foundation for the banking sector in Malaysia, ensuring its stability and protecting consumers.

Pay & Get Instant Solution Of Assignmets and Essays By Malaysian Writers

Assignment Activity 3: Discuss the current issues and latest development in banking operations.

Current issues of banking operations in Malaysia include the implementation of the Goods and Services Tax (GST), the liberalization of the banking sector, and the increasing competition from foreign banks.

  • The GST is a value-added tax that was introduced in 2015. The tax applies to all goods and services sold in Malaysia, including banking services. The GST has had a negative impact on the banking sector, as it has increased the cost of doing business.
  • The liberalization of the banking sector refers to the gradual loosening of restrictions on the entry of foreign banks into Malaysia. This process began in the early 1990s and has resulted in a more competitive banking landscape.
  • Foreign banks now account for about 20% of the total assets in the banking sector. The increased competition has put pressure on Malaysian banks to improve their efficiency and service quality.

The latest development in banking operations in Malaysia is the introduction of new technologies, such as mobile banking and cloud computing. These technologies are helping banks to improve their efficiency and reach a larger number of customers.

  • Mobile banking allows customers to access their bank accounts using their smartphones. This convenient service is becoming increasingly popular, as it allows customers to bank anytime, anywhere.
  • Cloud computing is a new technology that allows banks to store and process data on remote servers. This allows banks to reduce their costs and improve their scalability.

These are some of the current issues and latest developments in banking operations in Malaysia. Understanding these changes is important for anyone working in the banking industry, as they will have a significant impact on the way banks operate.

Pay & Get Instant Solution Of Assignmets and Essays By Malaysian Writers

Order High-Quality Assignment Help On FIN360 Legal Aspects And Ethics In Banking  Solutions From Our Expert Writers And Let Go Of All Your Academic Worries!

AssignmentHelper.my is a leading assignment writing service provider which helps students to complete their assignments and projects with ease. We offer a wide range of writing services to students such as essay writing help, research paper help, and more, who are in need of help with their assignments. Our assignment writers are professionals and experts in their field, who can offer quality content by using the required skills and knowledge.

You can also hire our experienced homework helper to receive professional help in completing homework in a timely manner. Our assignment writers are available 24*7 and our services are available at an affordable price. So, don’t hesitate to contact us and we will be more than happy to help you.

But that’s not all! At assignmenthelper.my, we cater to a wide range of finance-related topics. So, if you need assistance with other finance assignments, we’ve got you covered. Our writers have expertise in various areas of finance and can provide you with ASC637 Financial Risk Management Assignment Samples in Malaysia that will impress your professors.

Private and Confidential

Yours all information is private and confidential; it is not shared with any other party. So, no one will know that you have taken help for your Academic paper from us.

Online Exam & Assignment Writing Services

50000+ Orders Delivered

4.9/5
5 Star Rating

Confidential & Secure

Group Assignment Help

Online Exam -Test & Quiz

Cheapest Price Quote

Diploma & Certificate Levels

Semester & FYP Papers

Summative & Individual

GBA & Reflective

Last Minute Assistance

Ask Your Homework Today!

We have over 1000 academic writers ready and waiting to help you achieve academic success

Sample Assignment Download

LAW555 Criminal Law II UITM Assignment Answers Malaysia
LAW555 Criminal Law II in Malaysia course is designed to provide students with an understanding of the Malaysian criminal justice system and its operation. The course will cover the major…
Law
Mkt539 Brand Management Assignment Sample UiTM Malaysia
Mkt539 is a company that specializes in brand management. The five-person team develops strategies, plans and objectives to help clients grow their business by following traditional methods with an innovative…
Management

UP TO 15 % DISCOUNT

Instant Paper Writing Services by Native Malaysia Writers

Plagiarism Free Solutions
100% Original Work
24*7 Online Assistance
Native PhD Experts
Hire a Writer Now