SC and MCMC To Combat Scams Via Enhanced Regulatory Oversight

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SC and MCMC To Combat Scams Via Enhanced Regulatory Oversight

By Securities Commission Malaysia

The two parties have agreed to enhance cooperation in fighting online scams, leveraging AI and strengthening enforcement capabilities. In 2024, the SC received 4,859 public complaints about scams, while online service providers took down 66,507 scam-related content.

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