RHB IB TO ENHANCES DUE DILIGENCE FOLLOWING BURSA'S REPRIMAND, PENALTY -- CEO
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2023-09-15 09:38
RHB IB TO ENHANCES DUE DILIGENCE FOLLOWING BURSA'S REPRIMAND, PENALTY -- CEO
KUALA LUMPUR, Sept 15 (Bernama) -- RHB Investment Bank (RHB IB) will enhance its due diligence processes after being reprimanded and fined by Bursa Malaysia Securities Bhd (Bursa Malaysia) yesterday (Sept 14) for breaching ACE Market Listing Requirements, including failing to conduct proper due diligence. Its managing director and chief executive officer, Ganesh Sabaratnam, said the bank will exercise a higher degree of due diligence and compliance with regulatory requirements in carrying out its responsibilities.

https://www.bernama.com/en/business/news.php?id=2226017

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