
April 13, 2025
Providing Actuarial Services in Malaysia: Licenses and Approvals Needed
In Malaysia, actuarial services are vital in the insurance, pensions, finance, and risk management industries. The provision of actuarial services is subject to specific regulations, licenses, and approvals to ensure professional integrity, public interest, and compliance with statutory requirements. These regulatory frameworks are enforced primarily through Bank Negara Malaysia (BNM), the Actuarial Society of Malaysia…