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null Policy Document on Registration Procedures and Requirements on Professionalism of Adjusters

Policy Document on Registration Procedures and Requirements on Professionalism of Adjusters

Embargo : For immediate release Not for publication or broadcast before 0000 on Saturday, 30 August 2025
30 Aug 2025

This Policy Document aims to enhance the professionalism of registered adjusters in managing its business and dealing with customers. The requirements in this Policy Document include fit and proper criteria, effective governance and oversight, and business conduct requirements on the registered adjusters.

Recent enhancements are mainly updates to reflect:

  1. The issuance of the amended Order on Adjusters [P.U. (A) 468] where the fit and proper criteria for key responsible persons have been refined; and
  2. Policy clarification that adjusting work shall be completely carried out by a registered adjuster’s full-time adjusting employees only.

 

Issuance Date
29 August 2025

Effective Date
29 August 2025

Issuing Department
Consumer and Market Conduct Department

Documents

  • Policy Document on Registration Procedures and Requirements on Professionalism of Adjusters
  • Registration Form for Adjusters
  • Frequently Asked Questions
  • Gazette Order P.U.(A) 468/2024
  • Gazette Order P.U.(A) 206/2013

 

 

Bank Negara Malaysia
30 August 2025

© Bank Negara Malaysia, 2025. All rights reserved.

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