Financial abuse: why Malaysia must expand its regulatory definition
Abstract
In Malaysia, conversations around financial consumer protection have gained momentum in recent years. Bank Negara Malaysia (BNM) has strengthened policies to safeguard customers disadvantaged by age, disability, literacy gaps, or socioeconomic barriers. The March 2024 revision of the Fair Treatment of Financial Consumers Policy Document was a milestone, offering a more comprehensive definition of "vulnerable consumer". Yet one form of vulnerability remains missing from the regulatory conversation: financial abuse.
Keywords
Financial abuse , Economic violence , Financial literacy
Citation
Muneeza, A. (2026, March 26). Financial abuse: Why Malaysia must expand its regulatory definition. Free Malaysia Today.
Publisher
Free Malaysia Today