What if the license holder has some problem with the government? Will our funds be frozen?

Your funds are guaranteed by a safe-guarding account. You can read up on what a safeguarding account is. It is precisely meant for this, i.e. segregated so that the central bank/ regulator can release the funds to those who own them.

Suggested Video(s)

—

This page was last updated on December 2, 2024.

–

Related posts:

  1. Are they (the principal license holder) going to hold some money? For example, if they got 100% from the customer, do they hold to the funds or will they release it all?
  2. What happens when the government raises the borrowing rate to curb inflation?
  3. Government Borrowing
  4. Government Spending
  5. Since our company is about to obtain a Labuan Money Brokering license, may I know whether it is sufficient to use this license to apply to be a Registered Agent (RA) under an EMI holder?