According to BNM (Bank Negara Malaysia) the consumer and transport associations too are being consulted as well as the Bar Council and the players in the insurance industry who had provided the first round of feedback on the areas that includes the following:
1. Guiding principles
3. Proposed features under consideration.
If you have any feedback and would like to send in your opinion you can either email it to [email protected], fax to 03-2691-3661 or post it to the following:
Financial Sector Development Department
Bank Negara Malaysia
50480 Kuala Lumpur
(Re: Proposed Basic Motor Cover Framework);