Allianz Malaysia Berhad (AMB) Group profit before tax has also rose by 17.4 per cent to RM 127.6 million in the first three months of 2018 as compared to RM 108.7 million in the first three months last year.
AMB total assets grew 9.3 per cent to RM 16.81 billion the first quarter (Q1) of 2018 as compared to RM 15.38 billion in its preceding year.
The Financial Services Professional Board (FSPB) launched the FSPB Professional Code for the Financial Services Industry (FSI) to instil core minimum standards of conduct, enhance confidence and promote sustainability across the sector by promoting a strong culture of professionalism.
It is in addition to the FSPB Code of Ethics (CoE), which was launched in January 2016 and outlines a set of five broad fundamental principles to which FSI institutions and individuals should also adhere to which are Competence, Integrity, Fairness, Confidentiality and Objectivity.
Bursa Malaysia Berhad successfully launched an enhanced US Dollar (USD) Denominated Refined, Bleached and Deodorised (RBD) Palm Olein Futures Contract (FPOL) to promote a more inclusive trading community on Bursa Malaysia Derivatives (BMD), in line with Bursa Malaysia’s aim to enhance product diversity in its trading sphere.
Its chief executive officer, Datuk Seri Tajuddin Atan said, “We are pleased to introduce the improved US Dollar Denominated FPOL as it provides more trading opportunities and flexibility to a wider group of investors, both domestic and foreign, who wish to explore commodity derivatives.