---------- Forwarded message ----------
From: Fatkurradzi Jamil <[EMAIL PROTECTED]>
Date: 06-Sep-2006 17:16
Subject: Fwd: [ISLAMIC NBFI & CAPITAL MARKET] BNM And SC Issue Warning On Swiss Cash/Mutual Fund
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---------- Forwarded message ----------
From: Fatkurradzi Jamil < [EMAIL PROTECTED]>
Date: 06-Sep-2006 11:59
Subject: Fwd: [ISLAMIC NBFI & CAPITAL MARKET] BNM And SC Issue Warning On Swiss Cash/Mutual Fund
To: Fatkurradzi Jamil < [EMAIL PROTECTED]>, [EMAIL PROTECTED]
---------- Forwarded message ----------
From: FATKURRADZI JAMIL < [EMAIL PROTECTED]>
Date: 06-Sep-2006 09:38
Subject: [ISLAMIC NBFI & CAPITAL MARKET] BNM And SC Issue Warning On Swiss Cash/Mutual Fund
To: [EMAIL PROTECTED]
[http://www.bernama.com.my/bernama/v3/news_business.php?id=218178
]
KUALA LUMPUR, Sept 5 (Bernama) -- Swiss Mutual Fund, the company that is promoting the Swiss Cash fund, is not licensed by Bank Negara Malaysia (BNM) to accept deposits nor has it been licensed by the Securities Commission (SC) to carry out asset management activities or services in Malaysia.In a joint statement Tuesday, BNM and SC said the Swiss Cash fund has not been approved nor endorsed by the SC.
They said Swiss Cash fund is an internet-based investment program promoted by Swiss Mutual Fund, a fund management company claimed to be registered overseas. The investment opportunities in the fund are offered through the Internet and local agents, they said.
They also advised members of the public to invest only through parties that have been licensed by the authorities.When in doubt, the public should check with BNM, the SC or other relevant authority on the licensing status of the local or foreign company before making any investment, they said.
Members of the public may contact the SC and BNM for enquiries on the fund through the:
Complaint Department, Securities Commission
Tel:03-6204 8999
Fax:03-6204 8991
E-mail:[EMAIL PROTECTED]
Bank Negara Malaysia
Tel: 03-2691 0824/2692 6482/ 2698 2810/ 2694 2143
Fax: 03-2698 7467
E-mail:[EMAIL PROTECTED]
-- BERNAMA
--
Posted by FATKURRADZI JAMIL to ISLAMIC NBFI & CAPITAL MARKET at 9/06/2006 09:36:00 AM
KUALA LUMPUR, Sept 5 (Bernama) -- Swiss Mutual Fund, the company that is promoting the Swiss Cash fund, is not licensed by Bank Negara Malaysia (BNM) to accept deposits nor has it been licensed by the Securities Commission (SC) to carry out asset management activities or services in Malaysia.In a joint statement Tuesday, BNM and SC said the Swiss Cash fund has not been approved nor endorsed by the SC.
They said Swiss Cash fund is an internet-based investment program promoted by Swiss Mutual Fund, a fund management company claimed to be registered overseas. The investment opportunities in the fund are offered through the Internet and local agents, they said.
They also advised members of the public to invest only through parties that have been licensed by the authorities.When in doubt, the public should check with BNM, the SC or other relevant authority on the licensing status of the local or foreign company before making any investment, they said.
Members of the public may contact the SC and BNM for enquiries on the fund through the:
Complaint Department, Securities Commission
Tel:03-6204 8999
Fax:03-6204 8991
E-mail:[EMAIL PROTECTED]
Bank Negara Malaysia
Tel: 03-2691 0824/2692 6482/ 2698 2810/ 2694 2143
Fax: 03-2698 7467
E-mail:[EMAIL PROTECTED]
-- BERNAMA
--
Posted by FATKURRADZI JAMIL to ISLAMIC NBFI & CAPITAL MARKET at 9/06/2006 09:36:00 AM
--
Visit my Islamic NBFI & Capital Market Blog http://islamicfinance2u.blogspot.com
or Site http://nbfi.tripod.com
Thanks & regards
FATKURRADZI JAMIL
BA Hons Acc (UK), Dip in Acc (UiTM), CUTE, CEILLI, PCEIA
Islamic NBFI & Unit Trust Consultant
*********************************************************************************
(013) 391-2695
[EMAIL PROTECTED]
*********************************************************************************
TAKAFUL http://nbfi.tripod.com/id3.html
ISLAMIC UNIT TRUST http://nbfi.tripod.com/id8.html
ISLAMIC ESTATE PLANNING http://nbfi.tripod.com/id9.html
HAJJ & UMRAH http://nbfi.tripod.com/id10.html
*********************************************************************************
--
Visit my Islamic NBFI & Capital Market site http://islamicfinance2u.blogspot.com
Thanks & regards
FATKURRADZI JAMIL
BA Hons Acc (UK), Dip in Acc (UiTM), CUTE, CEILLI, PCEIA
Islamic NBFI & Unit Trust Consultant
***********************************************
013-391 2695
[EMAIL PROTECTED]
http://islamicfinance2u.blogspot.com
***********************************************
TAKAFUL - Family, General & Hospitalisation
ISLAMIC UNIT TRUST
ISLAMIC ESTATE PLANNING - Wasiat, Trust, Hibah, Waqaf & Faraid
HAJJ & UMRAH - Makkah, Madinah & Jeddah
***********************************************
--
Visit my Islamic NBFI & Capital Market Blog http://islamicfinance2u.blogspot.com or Site http://nbfi.tripod.com
Thanks & regards
FATKURRADZI JAMIL
BA Hons Acc (UK), Dip in Acc (UiTM), CUTE, CEILLI, PCEIA
Islamic NBFI & Unit Trust Consultant
*********************************************************************************
(013) 391-2695
[EMAIL PROTECTED]
*********************************************************************************
TAKAFUL http://nbfi.tripod.com/id3.html
ISLAMIC UNIT TRUST http://nbfi.tripod.com/id8.html
ISLAMIC ESTATE PLANNING http://nbfi.tripod.com/id9.html
HAJJ & UMRAH http://nbfi.tripod.com/id10.html
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