Kuala Lumpur, 22 March 2018
For immediate release.
PUBLIC REPRIMAND AGAINST AFYAN BIN MAT RAWI (FIMM No: 043-0-20957)
The Federation of Investment Managers Malaysia (FIMM) has reprimanded Afyan Bin Mat Rawi (Afyan), a unit trust consultant of Philip Mutual Berhad on 18 December 2017.
Afyan was found to be in breach of Clause 3.1.3(a) of FIMM’s Code of Ethics and Rules of Professional Conduct (Unit Trust Funds), Second Edition dated 22 January 2013 (Code) for making misleading statements in an article entitled “Pilih Pelaburan Selamat” dated 6.3.2017 published in newspaper Sinar Harian and he was also found to be in breach of Clause 3.1.6 of the Code for making negative statements concerning unit trust industry on Facebook with the account name “Neraka Wang” on 3 June 2017.
About Federation of Investment Managers Malaysia
The Federation of Investment Managers Malaysia (FIMM) was established in 1993 to support the development of the investment management industry. On 20 January 2011, FIMM was recognised as a Self-Regulatory Organisation (SRO) by Securities Commission Malaysia. As an SRO, FIMM regulates and supervises its members and registered persons to strive for the highest level of integrity and standards of practice that will best serve the investment management industry and promote investor protection.
For more information about this press release, please contact:
Ms. Chong Chyi Ming/ Mr. Iswaran
Corporate Communication, FIMM
Tel: 03-2093 2600
Email: firstname.lastname@example.org / email@example.com