A critical study on the licensing system in Malaysia to combat illegal moneylending / Azian Adznan ...[et al.]

The objective of this research is to analyse on how the law on licensing moneylending activities works by comparing Malaysian law to the law in the United Kingdom and Singapore. The number of illegal moneylender's problem keeps rising. This indicates that there must be something wrong with the...

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Main Authors:	Adznan, Azian, Aminuddin, Herni Laily, Mohd Asri, Izzati, Ku Yosof, Ku Mohd Amir Aizat
Format:	Thesis
Language:	English
Published:	2010
Subjects:	Regulation of industry, trade, and commerce Occupational law
Online Access:	https://ir.uitm.edu.my/id/eprint/32974/1/32974.pdf
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id	my-uitm-ir.32974
record_format	uketd_dc
spelling	my-uitm-ir.329742021-07-29T13:43:32Z A critical study on the licensing system in Malaysia to combat illegal moneylending / Azian Adznan ...[et al.] 2010-04 Adznan, Azian Aminuddin, Herni Laily Mohd Asri, Izzati Ku Yosof, Ku Mohd Amir Aizat Regulation of industry, trade, and commerce. Occupational law The objective of this research is to analyse on how the law on licensing moneylending activities works by comparing Malaysian law to the law in the United Kingdom and Singapore. The number of illegal moneylender's problem keeps rising. This indicates that there must be something wrong with the law. This project paper shall cover Malaysia Moneylenders Act 1951 as amended in 2003, the Singapore Moneylenders Act 2008 Singapore and Consumer Credit Act 2006 of the United Kingdom. In this research, qualitative research methodology was utilized in this study, where two in-depth interviews have been conducted with the Ministry of Housing and Local Development and the other one with Malaysian Licensing Moneylenders Association (MILMA). The interviews show that the Singapore Moneylenders Act 2008 and the UK Consumer Credit Act 2008 is better than Malaysian Moneylenders Act 1951 as amended in 2003 does not cover all aspects regarding moneylending activities. In this research, for the issue of Ah Longs, it is limited only to issue of licensing rather than other aspects. This is important to make sure that issues that we are focusing for will be discuss in detail. The purpose is to see how the law on licensing in Malaysia relates to the issue of loan sharks. 2010-04 Thesis https://ir.uitm.edu.my/id/eprint/32974/ https://ir.uitm.edu.my/id/eprint/32974/1/32974.pdf text en public degree Universiti Teknologi MARA Faculty of Law Abdul Hamid, Norliza
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
advisor	Abdul Hamid, Norliza
topic	Regulation of industry, trade, and commerce Occupational law
spellingShingle	Regulation of industry, trade, and commerce Occupational law Adznan, Azian Aminuddin, Herni Laily Mohd Asri, Izzati Ku Yosof, Ku Mohd Amir Aizat A critical study on the licensing system in Malaysia to combat illegal moneylending / Azian Adznan ...[et al.]
description	The objective of this research is to analyse on how the law on licensing moneylending activities works by comparing Malaysian law to the law in the United Kingdom and Singapore. The number of illegal moneylender's problem keeps rising. This indicates that there must be something wrong with the law. This project paper shall cover Malaysia Moneylenders Act 1951 as amended in 2003, the Singapore Moneylenders Act 2008 Singapore and Consumer Credit Act 2006 of the United Kingdom. In this research, qualitative research methodology was utilized in this study, where two in-depth interviews have been conducted with the Ministry of Housing and Local Development and the other one with Malaysian Licensing Moneylenders Association (MILMA). The interviews show that the Singapore Moneylenders Act 2008 and the UK Consumer Credit Act 2008 is better than Malaysian Moneylenders Act 1951 as amended in 2003 does not cover all aspects regarding moneylending activities. In this research, for the issue of Ah Longs, it is limited only to issue of licensing rather than other aspects. This is important to make sure that issues that we are focusing for will be discuss in detail. The purpose is to see how the law on licensing in Malaysia relates to the issue of loan sharks.
format	Thesis
qualification_level	Bachelor degree
author	Adznan, Azian Aminuddin, Herni Laily Mohd Asri, Izzati Ku Yosof, Ku Mohd Amir Aizat
author_facet	Adznan, Azian Aminuddin, Herni Laily Mohd Asri, Izzati Ku Yosof, Ku Mohd Amir Aizat
author_sort	Adznan, Azian
title	A critical study on the licensing system in Malaysia to combat illegal moneylending / Azian Adznan ...[et al.]
title_short	A critical study on the licensing system in Malaysia to combat illegal moneylending / Azian Adznan ...[et al.]
title_full	A critical study on the licensing system in Malaysia to combat illegal moneylending / Azian Adznan ...[et al.]
title_fullStr	A critical study on the licensing system in Malaysia to combat illegal moneylending / Azian Adznan ...[et al.]
title_full_unstemmed	A critical study on the licensing system in Malaysia to combat illegal moneylending / Azian Adznan ...[et al.]
title_sort	critical study on the licensing system in malaysia to combat illegal moneylending / azian adznan ...[et al.]
granting_institution	Universiti Teknologi MARA
granting_department	Faculty of Law
publishDate	2010
url	https://ir.uitm.edu.my/id/eprint/32974/1/32974.pdf
_version_	1783734201051250688

A critical study on the licensing system in Malaysia to combat illegal moneylending / Azian Adznan ...[et al.]

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