Public Reprimand Against Rahimah Binti Che Ramli (FIMM No: 054-0-52004)

Public Reprimand (2020 – Rahimah)

Kuala Lumpur, 2 July 2020

For immediate release.


The Federation of Investment Managers Malaysia (“FIMM”) has reprimanded Rahimah Binti Che Ramli (“Rahimah”), a former unit trust (“UTS”) consultant for misconduct/breach of FIMM’s Code of Ethics and Rules of Professional Conduct (Unit Trust Funds), Second Edition dated 22 January 2013 (“FIMM’s Code”).

Rahimah, a UTS consultant of RHB Asset Management Sdn Bhd (“RHBAM”) at the material time, was found to be in breach of Clause 3.1.3 (a) of FIMM’s Code for acting as proxy for a former UTS consultant of Principal Asset Management Berhad, Che Mohd Azfarizan Bin Seman, in submitting the investment form of an investor to RHBAM.

Clause 3.1.3(a) of FIMM’s Code requires UTS consultants at all times, to act with honesty, dignity and integrity.

The Public Reprimand was imposed on Rahimah to send a strong message to deter other UTS consultants from committing similar misconduct and to safeguard the interest of the investing public and the industry.

Additionally, Rahimah has been barred from future registration with FIMM effective 4 June 2020.

For more information on matters related to UTS/PRS and investor protection, please visit

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:

Mr. Jegatheesan Govintharaj
Legal & Regulatory Affairs, FIMM
Tel: 03-2093 2600
Email: [email protected]

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